NATIONAL PeopleSoft to triple headcount in India by year-end NASDAQ-listed PeopleSoft, Inc today (Feb 16, 2004) announced that it would more than triple its headcount for its global development and services activities in India by this year-end significantly accelerating its operations.
Multifaceted approach needed to tackle anti-outsourcing Communications and IT (Information Technology) Minister
Arun Shourie today (Feb 17, 2004) asked Indian IT industry to tackle the anti-outsourcing measures in US by adopting a multifaceted approach envisaging expansion into alternate overseas markets like Germany and China.
'Developed world cannot hold high hopes in trade' Developed countries that practice protectionism should not have high expectations from developing countries to open up their markets in sensitive sectors like agriculture, Union Commerce and Industry Minister Arun Jaitley said today (Feb 17, 2004).
More software outsourcing to India: German Minister Bavarian Minister, Edmund Stoiber today (Feb 17, 2004) asserted that Germany would outsource more software work from Indian IT (Information Technology) firms, even as he asked India to provide greater market access for German products and services in the country.
Govt hints discount for retail investors in IPO's The Disinvestment Ministry today (Feb 17, 2004) favoured discount to retail investors in the forthcoming public issues in six companies beginning with public float of IPCL (Indian Petroleum Corporation Limited) on February 20.
Sensex opened well, followed by narrow movements The sensex opened on a promising note and later witnessed extremely narrow movements during the morning trading on the Stock Exchange today (Feb 17, 2004) even as select stocks attracted fairly good buying support.
INTERNATIONAL Chipmaker Infineon to outsource IT infrastructure German chipmaker Infineon is in talks over a deal worth hundreds of millions of Euros to outsource its IT infrastructure, Germany's 'Financial Times Deutschland' reported on Monday (Feb 16, 2004).
Kerry's opposition to BPO is 'faulty economics' As the debate on outsourcing dominates the presidential election campaign in the United States, a leading economist has termed Democratic nominee John Kerry's opposition to American companies moving jobs overseas as faulty economics and a political error.
