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Home -> Finance -> News

NATIONAL
India hits out against BPO backlash in the US
Terming it as unfortunate, India today (June 8, 2004) hit out at the backlash against Business Process Outsourcing (BPO) saying it was ironic that the country, which was in the forefront of free and liberal trade was resorting to legislations to ban it.

IOC charts mega plan to be $ 50 bn Company by 2012
The country's largest oil firm, Indian Oil Corp (IOC) today unveiled a mega plan to diversify into oil exploration, gas marketing, petrochemicals and overseas refinery and retailing business to become a $ 50 billion company by 2012.

Sterlite seeks to acquire 49 pc Govt stake in Balco
International metals major Sterlite Industries has approached the Government seeking to acquire the latter's 49 per cent residual stake in aluminium major Balco.

Manmohan to head Cabinet Committee on WTO
Prime Minister Manmohan Singh will head the Cabinet Committee on WTO (World Trade Organisation) which will decide on issues pertaining to the international trade organisation.

INTERNATIONAL
Aluminium giant Alcoa to outsource 130 jobs to India
Alcoa, the world's leading producer of Aluminium and Alumina, plans to outsource 130 jobs, including about 70 IT positions, to an India-based services provider as part of a move to reduce costs.