NATIONAL Bangalore to host outsourcing summit from Oct 15
Bangalore: Bangalore will play host to a summit on outsourcing, the Indian Chapter of the highly acclaimed "Outsourcing World Summit Series", focussing on India-sensitive issues for two days from October 15.
Infosys becomes first 'anchor tenant' at TN park
Chennai: IT major, Infosys, as part of its plan to expand its operations in Chennai, will acquire 129 acres
of land at the Mahindra Industrial Park Limited (MIPL) at suburban Maraimalai Nagar, thus becoming the
first 'anchor tenant' to the 1432-acre park
IT stocks aid bullish BSE; SENSEX gains 49 pts
Mumbai: Bullish fervour got a fresh impetus as IT stocks rallied sharply aiding the SENSEX to end stronger by another 50 points in brisk activity at the Bombay Stock (BSE) on August 20 on sustained purchases by speculators as well as Foreign Institutional Investors (FIIs).
INTERNATIONAL IBM lays off 500 workers at Vermont plant
Essex Junction (Vermont): IBM, the world's largest provider of computer hardware, laid off 500 workers at its Vermont plant on August 18 in an effort to right itself amid steep industry declines, the company said.
BPO: UK House to probe loss of jobs to India
London: Perturbed over the continuing loss of jobs in Britain, a House of Commons Committee plans to launch a wide-ranging inquiry into alleged loss of call centre and IT jobs from the UK to countries like
India.
