NATIONAL Wipro honoured for best practices, Vivek best manager
Bangalore: Wipro Technologies today (Jan 7, 2004) said it has been awarded the IDC CMO advisory best practices award for marketing measurement and metrics.
Sensex recovers marginally in choppy trend; up 13 pts
Mumbai: After a strong overnight correction, the BSE Sensex ended 13 points higher even as the market remained choppy for the second successive session at the Bombay Stock Exchange (BSE) today (Jan 7, 2004) on alternate bouts of buying and selling.
Rich exploiting subsidies meant for poor: World Bank
New Delhi: In a clear misuse of Government subsidies in the health sector, the well-off people are enjoying its fruits, depriving the poor who have the first right on them, a World Bank study has said.
GDP growth may not exceed 7.25%: Manmohan Singh
New Delhi: The much-hyped Government forecast of over 8.0 per cent growth this year will be difficult unless savings and investment rates were pushed up substantially, former Finance Minister Manmohan Singh said.
RBI revises growth rate upwards to 7 per cent
New Delhi: Enthused by the high 8.4 per cent growth in the second quarter, Reserve Bank of India (RBI) today (Jan 7, 2004) revised upwards the economic growth for 2003-04 at seven per cent.
Sensex swings erratically at early stages
Mumbai: After the overnight stocks crash, the Sensex opened on a promising note and fluctuated erratically indicating volatile activity during the session on the Bombay Stock Exchange (BSE) today (Jan 7, 2004) on alternate bouts of buying and selling.
BPO sector will grow by 50 pc this fiscal: Karnik
New Delhi: Despite the hue and cry on the outsourcing issue, business process outsourcing (BPO) will grow at 50 per cent during the current fiscal, Nasscom president Kiran Karnik said today (Jan 6, 2004).
US accounting firms transferring lakhs of jobs to India
Washington: American accounting and medical billing firms are the latest to join the outsourcing bandwagon, transferring lakhs of jobs to India to take advantage of the low pay scales and educated workforce in the country. While in 2002 accounting firms sent some 25,000 tax returns to be completed by accountants in India, this year, that number is expected to quadruple.
