NATIONAL Arcot Systems launches Tech Centre in Bangalore
Bangalore: US-based Arcot Systems Inc on July 31 launched its Research and Development centre in Bangalore to create leading edge and mission-critical software solutions to its clients across the globe.
Reliance Q1 net up 20 per cent at Rs 1,104 crore
Mumbai: Reliance Industries Limited (RIL) has posted a 20 per cent rise in its net profit at Rs 1,104 crore for the first quarter ended June 30, 2003 as against Rs 918 crore in the same period last fiscal.
i-Flex Q1 net drops by five % at Rs 38.11 crore
Bangalore: IT solutions provider i-Flex solutions on July 31 reported a five per cent drop in net profit for the quarter ended June 30, 2003, at Rs 38.11 crore compared with the corresponding period of the last fiscal (Rs 40.07 crore).
ICICI Onesource announces acquisition of Firstring
Bangalore: ICICI Onesource, one of India's leading Business Process Outsourcing (BPO) providers, on July 31 announced it has entered into an agreement to acquire Firstring, a Bangalore-based contact centre.
Infosys announces pricing of sponsored ADS offering
Bangalore: Software major Infosys Technologies on July 31 announced its sponsored secondary offering of 5,218,000 American Depositary Shares (ADS), representing 2,609,000 equity shares at a price of $ 49 per ADS.
SENSEX rises past 3,800-mark during morning trading
Mumbai: The SENSEX opened firm and rose past 3,800-mark during the morning trading in line with a fresh rally in select heavy weighted stocks on the Bombay Stock Exchange (BSE) on July 31 on sustained purchases by Foreign Institutional Investors (FIIs) as well as speculators.
INTERNATIONAL Indian industry keen to revive, grab Pak market
Karachi: Indian industrialists are keen and enthusiastic to explore and revive business contacts with Pakistan and if reports from New Delhi are to believed, exporters there are ready to grab their share of
the Pakistani market.
