NATIONAL Customs duties on industrial goods cut to 10-15%
New Delhi: In one more round of give-aways ahead of the Lok Sabha polls, Government has cut custom duties on a number of raw material goods used in Information Technology, telecom, automobiles and manufacturing sectors to 10 to 15 per cent.
US BPO ban won't affect Indian IT firms: Satyam
Hyderabad: Asserting that the United States Senate's decision to ban sub-contracting by American companies "would not have any great impact on Indian Information Technology companies", IT major Satyam Computer Services Ltd said today (Jan 24, 2004) "such moves would not help in moving towards a free trade policy".
Nasscom 'dismayed' at US Senate ban on outsourcing
New Delhi: The National Association of Software and Services Companies (Nasscom) acknowledged that the passage of the law by the US Senate to ban Government outsourcing to other countries, including India, is a point of concern.
US ban on BPO to worsen trade talks: Shourie
New Delhi: Stung by the US action of passing a law to ban outsourcing of Government contracts to companies outside US, India today (Jan 24, 2004) termed the move as against the spirit of global trade, with Information Technology (IT) Minister Arun Shourie saying this was not the way Washington could advance in the backdrop of multilateral trade negotiations.
ITeS-BPO segment to grow by 54 pc in 2004: Nasscom
New Delhi: Indian IT industry could touch a total revenue of $ 15.5 billion in 2004 against $ 12 billion last year, according to National Association for Software and Service Companies (Nasscom).
INTERNATIONAL Outsourcing benefits both US and India: Sinha
Washington: Outsourcing of jobs from the United States to India benefits both countries, External Affairs Minister Yashwant Sinha has said.
Britain confident of riding out outsourcing wave
London: Expressing confidence that it can protect jobs of its citizens without resorting to "protectionism", British Government has tried to tone down fears against outsourcing to countries like India.
Outsourcing to grow 31-40 pc annually in next 5 years
Washington: Amidst the furore over outsourcing of jobs to countries like India, a study has said that the offshoring industry in the US (United States) is still in its nascent stage and is expected to grow 31 to 40 per cent annually in the next five years.
