NATIONAL SEBI asks stock exchanges to remain 'watchful' Securities and Exchange Board of India (SEBI) continues to be on high alert and has asked the stock exchanges to "remain extraordinarily watchful of any unusual movements" following the intense volatility in the capital market, which saw the BSE index slid by a record 600 points in the trading week ended May 14.
INTERNATIONAL UK Govt departments want to outsource in India Apart from multi-national financial institutions, British Government departments now plan to outsource in India as part of their cost-cutting and efficiency drive.
Indo-China plan joint credit lines to boost exports For the first time, the Exim Banks of India and China are discussing exchange of reciprocal lines of credit which would further stimulate the booming trade between the two countries, official sources said.
