NATIONAL Vajpayee projects 7 % economic growth this year
London: Affirming his Government's commitment to continuing economic reforms, an upbeat Prime Minister Atal Bihari Vajpayee has said India's macro-economic fundamentals have never been better and projected a high seven per cent economic growth this year.
SBI cuts deposits rates by 0.25 to 0.5 per cent
Mumbai: State Bank of India (SBI) has cut its interest rates on domestic term deposits by 0.25 to 0.5 per cent across all maturities with effect from November 10, in a bid to align their rates with other banking entities.
SC issues notice to Centre on HCL disinvestment
New Delhi: The Supreme Court today (Nov 7) issued notices to the Union Ministries of Finance and Disinvestment on a petition challenging the Centre's decision to initiate the process for privatisation of public sector undertaking (PSU) Hindustan Copper Ltd (HCL).
B2K Corp acquires Talisma's tech outsourcing unit
Bangalore: Technical support services firm B2K Corp Pvt Ltd headed by former Karnataka Information Technology (IT) secretary Vivek Kulkarni today (Nov 7) announced it has acquired the technical outsourcing services unit of Talisma Corporation, including its 120 staff.
Sensex dips by another 75.97 points at 4,971.57
Mumbai: Sustained hectic profit selling, particularly in key heavy-weighted counters, pulled down the Sensex by a whopping 75.97 points to close below the crucial 5,000-mark at 4,971.57 on the Bombay Stock Exchange (BSE) today (Nov 7), completing a three-session losing streak.
I-Flex Global reports Rs 187 revenue for Q2; up 28%
Bangalore: I-Flex Global Solutions today (Nov 7) reported revenue of Rs 187 crore during second quarter ended September, up by 28 per cent over Rs 146 crore in the corresponding period last year.
INTERNATIONAL India way ahead of China in software sector: Murthy
Beijing: While lauding China's recent leap forward in the economic and social sectors, Information Technology guru, N R Narayana Murthy today (November 7) said the communist giant would overtake India in the software sector in next five years only if "we did nothing".
US retailer to move call centre jobs to India
Washington: Citing the need to back up its operations during emergencies like the Hurricane Isabel,
which recently struck the United States, Lillian Vernon Corp has decided to shut down the late shift at its
Virginia Beach call centre and to outsource it to a call centre in India.
