NATIONAL Sensex snaps 2-day losing streak, up by 23.32 pts In volatile activity, share prices cut short two-days losing streak and lifted the Sensex up by 23.32 points to close at 5838.45 at the Bombay Stock Exchange (BSE) today (Apr 8, 2004) on sustained buying by foreign funds as well as operators.
Datamatics scouting for BPO firms in US, UK Having acquired two overseas companies recently, Datamatics Technologies is on the prowl for more acquisitions in the business process outsourcing (BPO) space and is eyeing firms in the English-speaking regions like the United States, United Kingdom and Canada.
Infosys forays into consulting; sets up US subsidiary Software major Infosys today (Apr 7, 2004) said it will invest $ 20 million in setting up a US subsidiary Infosys Consulting Inc, to make a big foray into the high-end consulting business with plans to hire 500 people in three years.
INTERNATIONAL 'Many Americans think protecting jobs not good' Outsourcing of US jobs to countries including India is very unpopular with Americans but most agree that protecting unskilled and semi-skilled jobs is not good for economy, according a survey released today (Apr 8, 2004).
