NATIONAL Petronet LNG's IPO oversubscribed 2.41 times The bidding for Petronet LNG Ltd's (PLL) initial public offering received a fairly good response with an over-subscription of 2.42 times at the end of the bidding process today (Mar 9, 2004).
Slide in Wall Street pulls down Sensex by 85 pts Stocks reacted negatively pulling the Sensex down by 85 points at close after a two-session rally on the back of overwhelming response to ONGC's (Oil and Natural Gas Corp) public issue, as operators and retailers resorted to heavy selling at the Bombay Stock Exchange (BSE) today (Mar 9, 2004).
Philippines poses challenge to India in outsourcing India is the pre-eminent location for offshore business process outsourcing (BPO) delivery but is being increasingly challenged by the Philippines, a new survey by a research company has concluded.
Customer First to set up call centre in Chennai As a part of its ongoing expansion plans, Bangalore-headquartered call centre major, Customer First Services, has announced the setting up of a 100-seater call centre at Chennai.
We are discussing future course of action: Infosys Software major Infosys today (Mar 9, 2004) said that it had approached its consultants on the future course of action after the California State administration rejected a plea by the company seeking tax relief under an alternative filing methodology permitted by the California tax code.
INTERNATIONAL Twist to outsourcing: Indian firms can do it faster In a pleasant twist to the outsourcing controversy, an American lending company has given customers the choice to call up either India or at home, with a warning that if they call in the US it will take up to two days to process their loan request, while a call centre in India run by Wipro will do it the same day.
Now, it's the turn of the Aussies to fret over BPO With leading Australian telecommunication companies deciding to outsource jobs to India, concern has been expressed over Information Technology work moving offshore, a media report said today (March 9, 2004).
