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NATIONAL
Infosys leads the fall, SENSEX down by 3.04 pts
Mumbai: A sharp fall in IT bellwether, Infosys Tech, led the market to surrender its initial firmness at the Bombay Stock Exchange (BSE) on July 2 due to selling by foreign funds and operators, pulling the SENSEX down by another 3.04 points to close at 3601.39.

Microsoft may move US contact centre jobs to India
San Francisco: Microsoft Corp, the world's biggest software maker, may move some customer-service jobs to India following US companies such as Dell Computer Corp., Amazon.com Inc. and Sprint Corp.

Huawei to invest $ 100 mn in B'lore R&D centre
Bangalore: The $ 2.7 billion Chinese telecom company Huawei Technologies has earmarked an additional $100 million over the next three years to expand operations in its Research and Development centre in Bangalore.

INTERNATIONAL
'India, China must not look at each other as rivals'
Shanghai: Favouring a new beginning between India and China to forge better understanding and cooperation in view of the landmark agreement reached this week, Information and Technology Minister Arun Shourie on June 26 said both the countries should not look at each other as rivals.