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Home -> Finance -> News

NATIONAL
Sensex opens down; moves irregularly at early stages
After overnight smart gains, profit booking at higher levels right from the onset of business following weak global advices, led the Sensex to open sharply lower and move irregularly at morning session on the Bombay Stock Exchange (BSE) today (July 2, 2004).

EasyLink India offers fax-to-email service
EasyLink Services India yesterday (July 1, 2004) announced expanding its integrated desktop suite of services in India to include EasyLink's new fax to e-mail service.

Infosys' Europe head joins iGATE Solutions
Head of Infosys's European arm, Srinjay Sengupta, has joined technology and operations firm iGATE Global Solutions as its chief sales officer, iGATE announced yesterday (July 1, 2004).

INTERNATIONAL
India replaces China as UAE's 2nd main trade partner
India outsmarted China in terms of exports to United Arab Emirates (UAE) mainly on the strength of higher sales of its exquisite gems and jewellery in the Gulf.

US Chamber of Commerce CEO backs outsourcing
US Chamber of Commerce president and CEO Thomas Donohue is promoting overseas outsourcing of jobs to countries like India as a way to boost the economy and even increase employment, a stance that rankles jobless white-collar workers, particularly in the flagging technology industry.