NATIONAL 'Maruti IPO to set tone for PSU divestments'
New Delhi: Government on June 11 exuded confidence that the public offer of Maruti Udyog Ltd (MUL), which is opening on June 12, would set the tone for disinvestment in other PSUs (Public Sector Undertakings) -- Nalco and Bharat Petroleum Corporation Ltd (BPCL) -- through IPO route.
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.
