INTERNATIONAL Outsourcing to create 40 lakh jobs in India in 2 yrs
London: An estimated 40 lakh new jobs are likely to be created in India in the next couple of years as a number of multinationals from the West are set to shift their back-office jobs to the IT-dominated country which is poised to be the world's next trillion-Dollar economy after China.
Indian economy likely to grow by over 6 pc: Jalan
Washington: Reserve Bank Governor Bimal Jalan on April 12 said Indian economy is likely to grow by over 6.0 per cent following supportive policy measures in the Budget and an industrial revival.
Apple Computer Inc to take over Universal Music
Silicon Valley: Apple Computer Inc is in talks with Vivendi Universal to buy Universal Music Group, the world's largest record company, media report said on April 12.
NATIONAL Select markets to remain close on Monday
umbai: Select markets like the Bombay Stock Exchange, (BSE), the National Stock Exchange (NSE), the Foreign Exchange (FOREX) and the Money Market will remain closed on April 14 on account of 'Ambedkar Jayanti'.
ICICI besiege spreads, RBI assures bank is sound
Mumbai: The run on ICICI Bank on April 12 spread to the commercial capital, with anxious customers queuing up before the bank's automatic teller machines (ATMs) despite statements from the Reserve Bank of India (RBI) and ICICI that it had enough money and rumours that triggered the withdrawals are baseless.