NATIONAL Late rally helps Sensex recover early losses The Sensex recovered early losses in the last 30 minutes on the back of selective stocks rally in an otherwise mixed pattern of trading on the Bombay Stock Exchange (BSE) today (March 24, 2004) on late buying support from operators and retailers that also squared up positions in derivatives.
Quality slips cause Wipro BPO unit lose US project US-based Capital One Financial Services has discontinued use of Wipro Spectramind's telemarketing services for its credit card operations, citing slips in the quality of service by the Indian call centre giant.
INTERNATIONAL European Union slaps $ 613 mn fine on Microsoft The European Union (EU) today (March 24, 2004) declared Microsoft Corp guilty of abusing its "near monopoly'' with Windows to squeeze competitors in other markets and levied a record fine of $ 613 million.
Outsourcing fears overblown: US tech group Concern that American jobs are being sent abroad represents "hysteria", the largest US technology trade group said yesterday (March 23, 2004), as it called for new education and immigration policies to boost employment.
New Jersey law firms to outsource to India Notwithstanding the backlash over outsourcing in the United States, New Jersey law firm Sills, Cummis, Epstein & Gross said they are considering outsourcing to India the coding and organising of documents for major litigation cases.
General Motors to shift white collar jobs to India Amid the backlash in the US over outsourcing, automobile giant General Motors Corp is planning to shift millions of Dollars worth white collar jobs to countries including India.
