NATIONAL Maruti IPO oversubscribed within three hours
Mumbai: The public issue of auto major Maruti Udyog Ltd (MUL) was on June 12 oversubscribed within three hours of its opening and received bids for 7.8 crore shares as against the issue size of 7.2 crore
shares.
'Indian call centre attrition highest in A-P'
Bangalore: Attrition in Indian call centres is the highest at 22 per cent in the Asia Pacific region, compared to China at 10 per cent, Philippines 13 per cent, Singapore 19 per cent and Malaysia 18 per
cent, according to a study by Australian-based 'Callcentres.net'.
'Response to MUL's IPO vindicates govt's policies'
New Delhi: Buoyed by the overwhelming response received by the Maruti Udyog's Limited (MUL) maiden public offer of 7.2 crore shares, government on June 12 said it was a vindication of its divestment "policies and approach".
Equities continue upward march; SENSEX up by 23 pts
Mumbai: Equities continued their upward march pushing the SENSEX by another 23 points at close at the Bombay Stock Exchange (BSE) on June 12 on fresh purchases by Foreign Institutional Investors (FIIs) as well as domestic mutual funds.
ITES-BPO industry to make steady progress: NASSCOM
Bangalore: NASSCOM (National Association of Software and Service Companies), on June 12 said India's booming ITES-BPO industry would continue to perform strongly and robustly and expressed confidence it will turn in an annual growth of around 50 per cent for the next 4 to 5 years.
Govt planning to introduce data protection act
Bangalore: Government plans to introduce the "Data Protection Act" in the winter session of Parliament, aimed at data protection and confidentiality of businesses in the country, a top ICT department official said on June 12.
US bills on outsource not a backlash on Indian IT
Bangalore: NASSCOM on June 12 said the spate of bills in US against outsourcing of IT and Business Process Outsourcing services were politically motivated and was not a "backlash" against Indian firms, but was due to sluggish economic conditions there.
