NATIONAL US stand on BPO smacks of retaliation: Sinha India tonight (Feb 2, 2004) termed as "retaliation", the US contention that restrictions would be imposed if it does not open up its markets.
'Indian IT sector to grow 28% in 2003-04' The National Association of Software and Service Companies (NASSCOM) today (Feb 2, 2004) said the Indian software and services sector would post a 28 per cent growth in 2003-04 at $ 12 billion in revenues, compared to $ 9.5 billion in 2002-03.
NZ Immigration Service contract to TT Services TT Services, an associate company of the TTK Group, today (Feb 2, 2004) announced that New Zealand Immigration Service (NZIS) has awarded them the contract to launch five new collection centres in Delhi, Kolkata, Chennai, Mumbai and Bangalore to service the rising demand from Indians wanting to travel to New Zealand.
No justification for hike in mobile tariffs: TRAI Telecom Regulatory Authority of India (TRAI) on Monday (Feb 2, 2004) flayed the action of cellular operators to hike tariffs following the implementation of new IUC (Interconnect Usage Charges) regime, saying its own calculations showed there was no justification for an upward revision in call charges.
After BPO ban, US lectures India on 'liberalisation' Reflecting its concerns over the issue of outsourcing, the United States (US) today (Feb 2, 2004) sought "greater balance and greater liberalisation" on India's part to ensure that US investors have as many opportunities as Indians have in that country.
California-based Digite enters Indian market California-based Digite, promoted by entrepreneurs from the Indian outsourcing industry and so far focussing on the US market, today (Feb 2, 2004) announced plans to enter India, Malaysia and Singapore with its Web-based collaborative platform for IT process and outsourcing governance.
IT success hasn't helped reduce poverty: Infosys Infosys managing director and CEO (chief executive officer) Nandan Nilekani today (Feb 2, 2004) indicated that the IT (Information Technology) industry's success had not yet made a large impact in poverty reduction in Bangalore, but said technology should be used as a driver in implementing structured poverty reduction programmes.
