NATIONAL Sensex jumps by 72 points on exit polls prediction After a hesitant start, old economy stocks rallied smartly lifting the Sensex by 72 points at close at the Bombay Stock Exchange (BSE) today (Apr 21, 2004) in response to the exit polls prediction of majority for the National Democratic Alliance (NDA) after the first phase of elections.
Thai Air starts B'lore flight; to target 5 more cities Encouraged by excellent passenger load rate of its flights from four Indian metros, Thai Airways International today (Apr 21, 2004) announced introduction of flights in Bangalore-Bangkok sector and said it has plans launch flights from Hyderabad, Ahmedabad, Amritsar, Jaipur and Kochi.
'Outsourcing issue being played up by politicians' United States today (Apr 21, 2004) said it had about USD 57 billion surplus in its services account and the issue of jobs being outsourced to other countries was being played up by politicians.
Sensex turns strong after hesitant start After a hesitant start, the Sensex later rallied sharply in line with a strong upsurge in PSU stocks during morning trading on the Bombay Stock Exchange (BSE) today (April 21, 2004) on buying support prompted by reports that the National Democratic Alliance (NDA) will get a lead in the first phase of general elections.
Decks cleared for Bharti to acquire Hexacom Telecom Consultants India Limited (TCIL) today (April 20, 2004) said it will not pick up 67.5 per cent stake in Hexacom - a cellular operator in Rajasthan - thereby paving the way for Bharti Telecom to acquire the majority stake in the Shyam Group company for a consideration of Rs 430 crore.
ISO to define quality norms for call centre services Close on the heels of the US and European backlash on outsourcing of services, International Organisation for Standardisation (ISO) has mooted setting up more quality standards on Information Technology (IT) including some on call centres and movement of people.
'Anti-BPO Bills may endanger US trade pacts' The proposed US legislation aimed at banning or restricting outsourcing may violate the country's constitution and jeopardise American obligations under various international trade agreements, according to a study.
Major US firms to offshore more HR work Houston: Majority of the executives at large North American and European companies that currently outsource one or more major human resources functions said they would do so again, a survey has indicated.
Kerry's 4-point programme to end outsourcing US Democratic Presidential hopeful John Kerry will try, if elected, to end or discourage outsourcing of American jobs to countries like India through a four-point programme. The four-point programme has been published by Kerry's election campaign managers.
