NATIONAL 'BPO poised to grow substantially in next 5 years' With services worth $ 300 to $ 400 billion in the United States being moved offshore or outsourced to other countries, Business Process Outsourcing (BPO) and offshoring segments are poised to grow substantially in the next five years, according to an industry expert.
Jaswant announces yet another round of sops In yet another round of sops, Finance Minister Jaswant Singh today (Feb 4, 2004) said the exemption on dividend distribution tax to open-ended equity oriented scheme of mutual funds should continue for full year beyond March 2004.
Sensex bounces back by 135 pts to close at 5756 The straight four-session falling trend was arrested at the Bombay Stock Exchange (BSE) today (Feb 4, 2004) as shares attracted heavy buying and shot up with a vengeance, pushing the Sensex sharply up by 135.78 points to close at 5756.76.
Int'l rating agency S&P hails India's mini-Budget International rating agency Standard & Poor's Ratings Services today (Feb 4, 2004) said India's mini Budget indicates a greater determination to curb fiscal deterioration even as it pointed out that the country's credit ratings are constrained by high public debt burden and fiscal inflexibility.
ASC Germany ties up with iCOPE Technologies ASC, a leading provider of performance improvement solutions for contact centres, financial institutions, public safety and Government organisations, recently announced a new partnership with iCOPE Technologies Pvt Ltd to provide a complete range of integrated communications recording and quality monitoring solutions and services to the Indian market, according to a press release.
Sensex fluctuated erratically during morning trading The Sensex opened moderately higher and later fluctuated erratically in volatile activity during morning trading on the Stock Exchange today (Feb 04, 2004) on alternate bouts of buying and selling.
