NATIONAL 'HPCL, BPCL divestment will be delayed by 3 yrs'
Mumbai: Prime Minister's Economic Advisory Council Committee member and Bharatiya Janata Party (BJP) national executive member Jagdish Shetigar today (October 30) said the disinvestment of Hindustan petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) may be delayed by at least three years because of "existing hurdles".
IT Solutions is now Caritor; to invest $ 10 mn in India
Bangalore: IT Solutions Ltd today (October 30) said it has changed its name to "Caritor" in an aim to re-position itself in the fast-growing IT market and plans to invest $ 10 million in its Indian operations.
'Indian cos keen to tap BPO potential of Bavaria'
Bangalore: Bavaria, with its world-renowned IT hub, Munich, is slowly becoming a focus of Indian IT
industry in terms of overseas expansion, a top official of the Bavarian delegation said.
SENSEX rises further by 36 pts on increased buying
Mumbai: Shares continued to attract good support, mainly from foreign funds and rallied further sharply at the Bombay Stock Exchange (BSE) today, with the SENSEX rising by another 36.42 to close at
4780.52.
Wyse Technology forays into 'bright' Indian market
Bangalore: Wyse Technology, the worldwide leader in secure, managed thin clients, today (Oct 30)
announced its foray into the Indian market with the launch of its thin clients and server centric solutions.
ABB India Q3 net up 21 % at Rs 20.8 crore
Bangalore: ABB India today (Oct 30) reported a 21 per cent rise in net profit at Rs 20.8 crore for Q3 (July-September 2003) compared with the corresponding period of the previous year, on the back of increased revenues and enhanced operational efficiencies.
Asian faculties to gather at Intel Academic Forum
New Delhi: In recognition of its commitment to support the IT research and development in China and the rest of the world, Intel Corporation yesterday (October 29) announced the first ever Intel Asia Pacific
Regional Academic Forum to be held in Shenzhen and coinciding with the company's 2003 Intel Fall Developer Forum (IDF), according to a press release.
Muscat Group picks up stake in BPO firm ESSecom
Bangalore: Muscat Overseas group has picked up a 30 per cent stake in Bangalore-based technology BPO firm aimed at transaction and payment processing services e SSecom Pvt Ltd, which launched operations today (Oct 30) and aims to be a Rs 100 crore firm in the next three years.
Infosys achieves CMMIŽ appraisal at client sites
Bangalore: Infosys Technologies (Nasdaq: INFY), a global leader in IT consulting and software services
today (Oct 30) announced that it has successfully completed a CMMIŽ appraisal of operations across
development centres in India and several client locations in USA. Infosys was first assessed at CMMIŽ
Level 5 for its onsite and offshore operations in June 2002.
INTERNATIONAL Xoom Corp launches money transfer service in India
New York: Coming as a boon for the world-wide Non-Resident Indian community, an American Company
has launched an instant money transfer service in the India, regarded as the world's largest remittance market.
