NATIONAL Sensex zooms by 223 pts in unusual volatility
Mumbai: After a three-day havoc on bourses, the market today (Jan 23, 2004) witnessed a major turnaround in unusually excessive volatility and the Sensex zoomed by 223 points at close on fanatical all-round buying support.
INTERNATIONAL US passes law against outsourcing Govt contracts
In the first Federal law against outsourcing, the US Senate last night (Jan 22, 2004) passed a law barring doling out sub-contracts to India and other countries by American companies to cut their costs.
Australian Telstra to outsource IT jobs to Satyam
Sydney: Telstra, Australia's leading telecom and information services company, will move about 130 jobs to Satyam Computer Services in Bangalore as part of its move to cut the $ 1.5 billion Information Technology budget in half, reports in Sydney said today (Jan 23, 2004).
