NATIONAL Stock market volatility: Regulator SEBI seeks data Securities and Exchange Board of India (SEBI) has sought data on the trading pattern in the public sector stocks like IBP, IPCL to analyse presence of any price hammering in PSU (Public Sector Undertaking) stocks, where Government is either reducing stake or selling off its residual holding.
Talisma eyes Gulf market; partners with Orient Privately held CRM software product firm Talisma Corporation today (Feb 25, 2004) announced a partnership with Mumbai-based software services company Orient Information Technology Ltd for marketing and deploying its CRM solution in the West Asian market.
Sensex goes into tailspin, loses 116 points After an overnight pause, the Sensex once again went into a tailspin losing by 116 points at close as stocks reeled under pressure on the Bombay Stock Exchange (BSE) today (Feb 25, 2004).
HP bags $ 150 million contract from Bank of India Global IT major Hewlett-Packard (HP) today (Feb 25, 2004) bagged a $ 150 million contract to provide IT infrastructure and applications over 10 years to public sector Bank of India, which HP said is its largest outsourcing contract in Asia Pacific.
High deficit might constrain India's growth: Survey Despite the Government claims of "India shining", a leading survey has pointed towards low corporate investment, poor policy and high Budget deficit which will constrain growth.
Half of IT workforce planning to quit in next 2 years Indicating that a high attrition rate in the software and ITeS industry could rise further, HR research firm Hewitt yesterday (Feb 24, 2004) said half of the IT workforce is planning to resign in the next two years with 45 per cent of the surveyed employees willing to consider a switch-over for 20 per cent higher compensation.
INTERNATIONAL Why you should outsource to India and how to do it A day does not pass without a newspaper report about yet another company that has started outsourcing technology or other business processes to India. Managers across the world are beating a path to India because it is the global leader for offshore IT-enabled Services. Many corporate leaders seek to reduce their costs or improve service quality, but not many understand India on their first visit and some are confused by clashes of culture.
