Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> News

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.

India Inc for sell-off target in Budget, easy FDI regime
India Inc has strongly favoured disinvestment of Government-owned companies saying the Budget should set a target of sell-off proceeds for 2004-05.

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.