NATIONAL SAS to double R & D operations in India
Bangalore: US-based business intelligence software and services provider SAS today (Dec 3) announced plans to expand its SAS Global Services (SGS) operations by increasing the R & D staff in Pune from the current 50 developers to about 100 in 2004.
BSE: SENSEX continues upsurge, ends past 5200-mark
Mumbai: The SENSEX continued its upsurge and ended past 5200-mark, registering a gain of 36 points as a result of sharp gains in select counters at the Bombay Stock Exchange (BSE) on fresh buying support from operators as well as institutional investors.
ABN AMRO selects Infosys' Finacle eChannels
Bangalore: Infosys today (Dec 3, 2003) announced that ABN AMRO Bank, Singapore, has selected its
Finacle suite of enterprise banking solutions.
'Reduction in bank deposit interest rates unlikely'
Bangalore: There is not much scope for further reduction of interest rates on bank deposits, according to credit rating agency CRISIL (Credit Rating Information Services of India Limited).
HSBC to acquire 20 % stake in UTI Bank
Mumbai: A day after expressing its intention to acquire a minority stake in Indian financial entities, the Hong Kong and Shanghai Banking Corporation (HSBC) is to pick up 20.08 per cent stake in Unit Trust of India (UTI) Bank from CDC for Rs 418 crore.
INTERNATIONAL India calls for pushing forward trade liberalisation
Abuja (Nigeria): Observing that the response of the developing countries to the Cancun WTO round should not be viewed with cynicism, India today (Dec 3) sought redoubling of efforts by them in pushing forward the process trade liberalisation.
