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Home -> Finance -> News

NATIONAL
Shourie calls for preparedness to face future tests
Disinvestment Minister Arun Shourie today (Mar 23, 2004) called for better preparedness on the part of the Indian economy to face the emerging challenges of the world economy.

Microsoft Corp launches BizTalk Server 2004
Microsoft Corporation India today (Mar 23, 2004) launched its server for enterprises, BizTalk Server 2004, aimed at businesses with multiple applications for enterprise application integration (EAI) and business process integration.

BSE: Sensex gains 35.59 pts in volatile trading
Stocks reacted negatively in the last 30 minutes and gave up part of early gains after a sharp mid-session rally at the Bombay Stock Exchange (BSE) today (Mar 23, 2004) due to late sell-off by domestic mutual funds.

BPO market to touch $ 1 trillion by 2006: Report
The business process outsourcing (BPO) market is expected to touch $ 1 trillion by 2006, registering a compounded annual growth rate of 9 per cent, with the United States accounting for 60 per cent of the global BPO market spending, according to an Assocham-IDC report.

Infosys to sell its banking product Finacle in Europe
After striking good deals in the domestic market, Nasdaq-listed software major Infosys is now firming up plans to tap East European markets for its banking product, Finacle, besides adding new functionalities to it for a proposed entry to the US market later.

Digital Harbor starts operations in Bangalore
Digital Harbor Inc, provider of a composite applications platform, said today (March 23, 2004) that it had opened its India office in Bangalore.

INTERNATIONAL
UK can benefit from outsourcing in India: Blair
British companies will benefit in the long run from letting some jobs migrate to India and China, Prime Minister Tony Blair has said while calling for defeating the resurgent voices of protectionism.