INTERNATIONAL India has to take growth up to reduce poverty: IMF
Washington: The International Monetary Fund (IMF) on April 10 said perhaps the single most critical issue for India is how to take growth up to the rates that are necessary to reduce poverty in the medium term.
NATIONAL Infosys plans to rope in 1000 more techies
Bangalore: Software major Infosys Technologies on April 10 said it hired 5,509 employees last year to reach strength of over 15,000 people and it plans to hire nearly 1,000 people during this quarter.
Heavy selling at BSE, SENSEX crashes by 105 pts
Mumbai: The SENSEX slumped by 105.92 points to end at 3035.33 at the Bombay Stock Exchange on April 10 as shares, led by IT major Infosys Technology, met with heavy selling following the disappointing Q4 results by the company.
Iraq war, SARS hit Infosys business: Nilekani
Bangalore: Software major Infosys Technologies on April 10 said several clients have cancelled visit to India due to the SARS (Severe acute Respiratory Syndrome) Pneumonia virus prevailing in South East Asia and the war on Iraq, affecting its business.
Industry rebounds with 6.4 pc growth in Feb
New Delhi: Backed by revival in the manufacturing and mining sectors, industrial growth surged to 6.4 per cent in February according to figures released by Central Statistical Organisation (CSO) on April 10.
TRAI initiates action against cellular companies
New Delhi: Telecom Regulatory Authority of India (TRAI) has initiated action against cellular operators including Bharti, Idea and Hutchison for defying its order on selective blocking of calls originating in some basic service operators' networks and terminating in their networks.
Progeon is BT's preferred BPO service provider
Bangalore: Progeon Limited the business process outsourcing (BPO) subsidiary company of Infosys Technologies Limited on April 10 announced that it has been chosen by BT, one of the world's leading provider of telecommunications services, as one of its two preferred suppliers to provide BPO services from India, according to an official press release.
Infy reports annual net profit at Rs 957.93 cr
Bangalore: Information Technology (IT) bellwether Infosys Technologies on April 10 reported a sales of Rs 3,622.69 crore for the year 2002-03, over the previous year's income of Rs 2,603.59 crore.
SENSEX continues its down drift at early stages
Mumbai: The SENSEX opened marginally lower and later dropped substantially during early stages of the session in line with sustained slid in stocks on the Bombay Stock Exchange (BSE) on April 10 on all-round selling triggered by announcement of disappointing results by IT majors Infosys Tech and Mastek.
