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NATIONAL
BSE: SENSEX continues its upward march
Mumbai: Prompted by sustained flow of funds that once again has turned the market on fire since last weekend, equities fluctuated erratically aiding the SENSEX cross the 5100-level in volatile activity on the Bombay Stock Exchange (BSE) today (November 4).

IT outsourcing to India is irreversible: BMC
Bangalore: There would be a political backlash in the US against outsourcing IT work to India during the election year, but the fundamental economic value of offshore outsourcing to American companies will allow the industry to continue to grow, a top US IT official said today (Nov 4)

BMC Software to invest $ 3 million in Pune
Bangalore: American software product major BMC Software Company today (Nov 4) announced it plans to double its strength in India to 500 professionals and invest $ three million, besides doing Business Process Outsourcing (BPO) from its Indian operations this fiscal.

Target new verticals, Government tells IT industry
Bangalore: Government today (November 4) told the Information Technology industry to target new verticals such as security, utilities, health care and retailing while moving up the value chain.

Microsoft's management course with IIMB, NASSCOM
Bangalore: Microsoft today (November 4) announced a software business management programme for Indian Independent Software Vendors (ISVs) in collaboration with Indian Institute of Management Bangalore and National Association of Software and Services Companies (NASSCOM).

INTERNATIONAL
US bid to block outsourcing 'makes no sense': Expert
Washington: The US’ attempt to block outsourcing work to low cost destinations like India "made no sense" as the future lay in creation of newer jobs through technological changes, a leading American academic has said.

Growing concern in UK over outsourcing to India
London: Perturbed over grim projections of job losses touching a staggering two lakh in coming years as a result of 'outsourcing' by big companies in London, a direct beneficiary being call centres in India, Britain's trade unions are gearing up for a spate of countrywide protests.