NATIONAL SEBI Chairman places market under 'high alert' Securities and Exchange Board of India (SEBI) Chairman G N Bajapai has placed the markets under "high alert" and it would take strict action against those found guilty of manipulating the markets.
'Govt action perks up response to public issues' Government today (Feb 26, 2004) asserted that a series of actions taken by it for sale of equity in various companies including IBP had perked up investors' response and exuded confidence about its tremendous success.
Banknet presents seminar on BPO in Financial Sector "Seminar on BPO in the Financial Sector- Challenges & Opportunities", is being organised by IIBF (Indian Institute of Banking & Finance) in association with Banknet India, on the 5th March 2004.
BSE: Market runs out of steam, dips by 156 pts The market ran out of steam after early sharp rebound and crumbled by over 156 points from the day's high in volatile activity at the Bombay Stock Exchange (BSE) today (Feb 26, 2004) due to late onslaught by Foreign Institutional Investors (FIIs) and retailers on the last day of derivatives contract.
ABN AMRO to double head-count for BPO operations The Netherlands-based ABN AMRO bank would double its headcount for Business Process Outsourcing (BPO) operations in India by this yearend to 2,400, country representative Romesh Sobti said today (Feb 26, 2004).
Petro product demand up in Jan to 9.39mn tonnes Mirroring an upswing in economic activity, India's petroleum product demand has risen 5 per cent in January to 9.39 million tonnes mainly on account of an increase in naphtha and industrial fuel consumption.
Dredging Corp receives bids for 15 lakh shares Dredging Corporation of India's (DCI) offer for sale for diluting 20 per cent Government's equity received bids for 26.79 per cent of the issue size within two hours of opening on the exchanges.
Protectionism about outsourcing wrong: British MPs It will be "wholly wrong" to adopt a protectionist attitude regarding outsourcing by British companies to India, a 10-member all women Labour MPs (Member of Parliament) delegation has said after a visit to India.
'Force companies to give notice before outsourcing' Accusing the Bush administration of following policies which sent US jobs abroad and left American workers without work, Democratic Presidential hopeful John Kerry has once again promised to force companies to give three months' notice before sending their jobs abroad.
