NATIONAL Vijaya Bank slashes housing loan interest to 7 %
Bangalore: Vijaya Bank today (Nov 19) slashed interest rates on home loans by 50 to 75 basis points to
touch seven per cent per annum for up to five years.
Sensex down by another 67 points; closes at 4,823
Mumbai: Stocks dropped further and pushed the Sensex down by another 67 points at close at the
Bombay Stock Exchange (BSE) today (Nov 19) on sustained selling by operators, as also absence of
any worthwhile buying by institutional investors.
'Not many US jobs will be lost to outsourcing'
Bangalore: The premier InformationTechnology body in the United States, The Information Technology Association of America (ITAA) said, not more than seven to nine per cent of all IT jobs would move out of the United States in the next 10-15 years.
Wipro's Kolkata BPO operations may start in March
Kolkata: Information Technology major Wipro intends to commence Business Process Outsourcing
(BPO) operations at Salt Lake in Kolkata from March 2004, the Chief Financial Officer of Wipro
Spectramind, Raj Dutta, said on Tuesday (November 18).
INTERNATIONAL AT&T considers layoffs; may outsource to India
Washington: American telecom major AT&T Wireless Services Inc is planning to lay off more than 10 per cent of its 30,000 workers over the next year and is discussing outsourcing arrangements with companies that employ people in India and elsewhere overseas.
