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Headlines Now
NATIONAL
Intel President looks at India as chip design hub
Bangalore: Global chipmaker Intel Corporation on June 10 said it was looking at India as a major hub for "chip design" besides developing software for its architecture.

SENSEX truncates gaining streak, down by 47 pts
Mumbai: Heavy bouts of profit-selling at higher levels pulled down the SENSEX by a whopping 47.76 points to close at 3289.55 at the Bombay Stock Exchange (BSE) on June 10, truncating the straight four- session gaining streak.

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.