NATIONAL Knowledge Works Global opens second BPO in Chennai Knowledge Works Global Ltd (KGL), a joint venture between Datamatics Technologies Ltd and Cadmus Communications Corporation, opened its second Business Process Outsourcing (BPO) facility in Chennai.
UK's Astron BPO to double Chennai staff UK's fourth largest business process outsourcing (BPO) company Astron BPO today (June 21, 2004) said it would double its staff strength in Chennai to 700 people in the next two to three months.
US sanctions on India virtually removed: Official The United States today (June 21, 2004) said the sanctions imposed on India following the nuclear tests in 1998 has been virtually removed with approvals in high technology areas at an high of 93 per cent and urged Indian entities to take advantage of the liberalised regime.
VSNL sets up global HQ in Singapore with major plans The Tatas-controlled Videsh Sanchar Nigam Ltd (VSNL) today (June 21, 2004) announced that it has set up international headquarters in Singapore as part of plans to expand business beyond India.
Select blue chips drift lower; Sensex down by 31 pts Select blue chip stocks drifted lower pushing the Sensex down by 31 points at close in extremely low volume on the Bombay Stock Exchange (BSE) today (June 21, 2004) on fresh selling pressure from retailers and domestic funds amidst absence of any worthwhile purchases by foreign funds.
CII opposes move for reservation in private sector Virtually opposing any move to introduce reservation in the private sector, Confederation of Indian Industry (CII) today (June 21, 2004) said rather than adopting "patchwork" approach, Government should work to upgrade skills of the weaker sections of the society to make them employable.
Govt to come out with National Foreign Trade Policy Government will come out with a National Foreign Trade Policy, encompassing the Exim Policy, by July end, which could lay the roadmap for doubling exports to over $ 150 billion annually.
e4e Inc significantly increases stake in iSeva e4e Inc has announced that, as part of its overall strategy of expanding its business services offerings to enterprise customers, it has significantly increased its ownership of iSeva Inc, a BPO (business process outsourcing) company, with its Indian operations headquartered here.