NATIONAL PAC pulls up RBI for shirking responsibility A Parliamentary panel has criticised RBI (Reserve Bank of India) for granting extensions to several exporters who were not able to realise the export proceeds, and not giving the details of extension in Export Outstanding Statement (XOS).
INTERNATIONAL Wipro signs pact to market services in the UAE IT major Wipro has been signed on by the Abu Dhabi-based Higher Colleges of Technology to co-operate in Information Technology and market related services in the region.
California lawmaker targets outsourcing In a sign of growing anxiety about high-tech jobs going overseas, a California lawmaker has introduced a Bill that would bar State agencies from entering into service contracts with companies that use foreign labour.
