NATIONAL Infy's Finacle on .NET to power BSF's e-Banking
Bangalore: Infosys announced today (Dec 1) that Banque Saudi Fransi (BSF) has chosen Finacle eCorporate, the web-based cash management and corporate e-banking solution from the Finacle suite, on Microsoft .NET software, for its strategic e-banking initiative.
IOC to invest Rs 1,100 crore in Tamil Nadu
Chennai: Indian Oil Corporation (IOC) is to invest around Rs 1,100 crore in Tamil Nadu on project expansions and retail initiatives in the next 18 months, a top executive of the company said today (Dec
1, 2003).
BPO backlash in US is a matter of concern: TCS
New Delhi: Having lost a $ 15 million contract in Indiana State, Tata Consultancy Services (TCS) has
said the increasing backlash against outsourcing in the United States was becoming a matter of concern.
Sensex touches new high of 5,144 at mid-session
Mumbai: The Sensex zoomed up and crossed the 5,100 point mark to touch a new three-and-a-half year high of 5,144.23 at mid-session on the Bombay Stock Exchange (BSE) today (Dec 1, 2003) following frenzied buying, mainly by foreign funds as well as domestic institutions.
Outsourcing: Indiana State to hear TCS case today
New York: As the backlash against outsourcing mounts in the United States, a State Senate plans to
hold a hearing from today (Dec 1, 2003) on why a $ 15.2 million outsourcing contract was awarded to an Indian software firm to upgrade State computers processing unemployment claims.
