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Headlines Now
NATIONAL
FIIs investments drive SENSEX to 15-week high
Mumbai: Driven by sustained flow of foreign investments on Indian bourses, the SENSEX rallied sharply gaining 3.85 per cent to end the week at 15-week high on the Bombay Stock Exchange (BSE) that also witnessed the return of retail investors.

Digital signs definitive agreement with HP
Bangalore: Digital GlobalSoft Limited on June 7 said it has signed a definitive agreement with HP, its parent company and its majority shareholder, to combine with HP Services' India Software Organisation (HPS ISO), establishing a significant services company with HP as a key investor, customer and supporter.

INTERNATIONAL
'Cheaper options for IT outsourcing to hit India'
Washington: The new destinations for US companies such as IBM, Intel, Hewlett-Packard, Oracle and PeopleSoft who are exploring countries with even cheaper sources of technical labour include Romania, Russia, Hungary, the Czech Republic, the Philippines, Singapore, Thailand and Vietnam, according to a report of the research firm IDC.