NATIONAL UPA Govt not to divest profit-making PSUs: Paswan Announcing an investment of Rs 10,000 crore in Bhilai Steel Plant (BSP), Union Steel Minister Ramvilas Paswan today (June 27, 2004) said unlike the previous Government, the United Progressive Alliance (UPA) Government has decided not to divest profit-making PSUs.
INTERNATIONAL US State pays $ 1 mn to Tatas for cancelled BPO deal The American State of Indiana has paid nearly $ 1 million to Tata America International Corporation, a subsidiary of Tata India, for an outsourcing contract which it had scrapped prematurely last year.
'Automation' causes more job loss than outsourcing The outburst of politicians and the workers over loss of high tech jobs to India and other low-wage countries due to outsourcing is really a distraction from the real threat.
