NATIONAL General Motors to double sales of cars in 2003
Bangalore: General Motors India president and managing director Aditya Vij on October 15 said it aimed to double sales of its vehicles to touch 16,000 units by December 2003.
WB approves $240 mn for Allahabad Bypass project
New Delhi: World Bank (WB) on October 15 approved a $ 240 million loan for Allahabad Bypass project,
which is part of government's ambitious National Highway Development Project.
NHB cuts lending rates; may trigger rate-cut war
New Delhi: In what could trigger another round of rate cut war, National Housing Bank (NHB) on October
15 slashed lending rates by 0.40-0.65 per cent just two weeks before Reserve Bank announces its busy
season Credit Policy.
SENSEX recoup overnight losses as stocks bounce back
Mumbai: Old economy stocks bounced back with a vengeance aiding the SENSEX to recoup overnight losses in hectic activity at the fag end of the session at the Bombay Stock Exchange (BSE) on October
15 on an unabated flow of foreign investments coupled with buying by speculators.
Infosys deploys Finacle at Cosmos Co-op Bank
Bangalore: Infosys Technologies Limited on October 15 announced that Cosmos Co-operative Bank, one of the leading co-operative banks in India, has successfully deployed Finacle Core Banking.
'US will generate more jobs than it lost to outsourcing'
Bangalore: The United States will generate more jobs because of improvement in productivity due to
outsourcing work to offshore locations like India, than it has lost to offshoring, a top American outsourcing evangelist said on October 15.
