India prepays $ 1.4 billion World Bank, ADB loans
New Delhi: In the face of burgeoning forex reserves at over $ 93 billion, the Government has quietly prepaid $ 1.4 billion worth of costly foreign loans to the World Bank and Asian Development
Bank.
Sharp rally at BSE; SENSEX up by another 94 pts
Mumbai: Stocks rallied sharply aiding the SENSEX to extend its gains to second consecutive session
with a whopping 94-point rise in volatile activity at the Bombay Stock Exchange (BSE) today (Nov 27) on
hectic buying by operators coupled with short-covering by retail investors.
LKB planning to spread its wings to Afghan, Sudan
Kochi: The Private Lord Krishna Bank (LKB) is planning to spread its wings overseas by opening a
branch at Afghanistan and some third world countries, a top executive of the bank said.
Unified Telecom licence not enough: Gartner
Bangalore: India's new Unified Telecom Licence will not produce the groundbreaking effects markets are hoping for, if the regulator does not remove the bias and advantages it has introduced for certain kinds of carriers, according to research and advisory firm Gartner.
Concerto named Microsoft biz solutions partner
Bangalore: Concerto Software, Inc, a proven provider of customer interaction management (CIM) solutions, announced today that it has been named a Microsoft(R) Business Solutions ISV partner.
Maruti to announce price hike by December end
Mumbai: India's biggest carmaker Maruti Udyog Limited (MUL) today (Nov 27) said it would announce a
price hike by the end of December.
ICICI OneSource to open 2nd contact centre in Mumbai
Bangalore: ICICI OneSource, one of India's largest third-party provider of Business Process Outsourcing (BPO) services, would open a 1,000-seat contact centre in Mumbai in February.
BPO firm vCustomer opens 1,000-seat centre in Pune
New Delhi: Business Process Outsourcing (BPO) company vCustomer Corporation yesterday (Nov 26)
announced the launch of its 1,000-seat centre in Pune.
Hinduja TMT bags IT services contract in W Asia
Mumbai: Information Technology (IT) company Hinduja TMT has bagged an IT services contract of a
large automobile assembling and manufacturing company in West Asia.
INTERNATIONAL Enron Corp-The giant comes under the hammer
Houston: Two years after it filed for bankruptcy, the Enron's headquarters are to be auctioned off early
next week.
