NATIONAL ABN Amro home loans at 6%; rate war in the offing
New Delhi: ABN Amro Bank on October 20 announced its foray into the housing loan segment with the lowest interest rate of 6.0 per cent in the first year and 6.5 per cent in the second year under its "Super Saver Loan Package", targeting at least 10 per cent of the Rs 50,000 crore (Rs 500 billion) home loan segment.
Aptech to set up content outsourcing facility in TN
Mumbai: Aptech Ltd is planning to set up a dedicated content outsourcing facility in Chennai to provide
educational content to overseas clients, mainly for those in US and UK, apart from its existing foreign
clients.
iGate acquires 6 % stake in Concours for $ 1.8 mn
Bangalore: iGate Global Solutions on October 20 acquired Information Technology solutions and services business of Bangalore-based IdeaSpace Solutions for Rs 7.67 crore, and a six per cent stake in US-based consulting and research firm Concours for approximately $ 1.8 million.
Wipro Technologies wins 2003 MAKE Award
Bangalore: Wipro Technologies on October 20 said it has won the 2003 Asian Most Admired Knowledge
Enterprise (MAKE) Award.
Leave Cancun behind; lets move forward, says Brazil
New Delhi: After tough posturing at Cancun where WTO (World trade Organisation) Ministerial
collapsed, Brazil on October 20 said it would be in the interest of developing countries to move forward for timely completion of Doha round of trade negotiations.
'Appreciating Rupee putting pressure on exports'
New Delhi: Commerce and Industry Minister Arun Jaitley on October 20 said that the appreciating Rupee was putting pressure on exports but it would not be of much concern as long as exports growth remains ahead of GDP (Gross Domestic Product) growth.
'$10 bn trade target with China well within reach'
New Delhi: Buoyed by growth in bilateral trade with China during the first eight months of 2003,
government on October 20 exuded confidence in achieving the 10 billion Dollars target set for the year 2004.
