NATIONAL Stocks rally smartly on MUL's IPO success
Mumbai: Reacting to an overwhelming response to Maruti Udyog Ltd's (MUL) initial public offering (IPO), blue chip stocks rallied smartly, aiding the SENSEX to extend its gains to third straight session on the
Bombay Stock Exchange (BSE) on June 13 on fresh buying, coupled with sustained purchases by foreign institutional investors (FIIs).
FIIs lead the pack of "extraordinary" Maruti IPO
New Delhi: Reflecting confidence in the strength of Indian economy and ability of car major Maruti Udyog, foreign investors are believed to have accounted for majority of the bids totalling over 10.5 crore shares for Maruti Udyog Limited's (MUL) maiden public offer.
BPO: Daksh plans to hire 900 people; eyes overseas
Bangalore: Leading third party BPO (Business Process Outsourcing) player Daksh eServices Pvt Ltd plans to hire 900 people during the year to ramp up its total headcount to over 4,500, a top company official said on June 13.
INTERNATIONAL US opposed to restrictions on outsourcing
Washington: The US is opposed and trying to resist restrictions on outsourcing of call centres and IT
services as proposed by some American states, according to US Trade Representative Robert Zoellick.
