NATIONAL HDFC hikes interest on fixed rate products Expecting a rise in long term rates, Housing Development Finance Corporation Ltd (HDFC) has hiked its interest for fixed rate products while leaving the floating and retail prime lending rate unchanged.
Reliance charged with predatory tariffs Cellular operators have accused Reliance Infocomm of offering predatory prices in Chennai and rest of Tamil Nadu, and sought immediate intervention of the telecom regulator.
WTO draft addresses India's farm concerns: Kamal Nath India today (August 3, 2004) said the WTO Framework Agreement reached at Geneva after tough negotiations has ensured that the country's concerns over food security, livelihood security and rural development are more than adequately addressed.
BSE: Gaining streak snapped, Sensex down by 7.90 pts Late profit-selling at higher levels snapped three-session gaining streak and the Sensex eased by 7.90 points to close at 5194.63 at the Bombay Stock Exchange (BSE) today (August 3, 2004).
BPO is not just about cost cutting, there's more! As organisations outsource more business processes, executives are finding they gain more control over capabilities that affect their entire organisation, says a report released by Accenture, a global management consulting, technology services and outsourcing company.
SAP to invest Euro 20 mn in India; to raise headcount German software major SAP AG today (Aug 3, 2004) said it would invest Euro 20 million for expanding its facility in Bangalore and plans to increase its workforce to 3,000 by 2006.
We'll take steps to control inflation: Chidambaram Union Finance Minister P Chidambaram today (August 3, 2004) said the Government would take "all steps" to control inflation in the country due to rising global oil prices.
WTO Framework Agreement is disturbing: Arun Jaitley Senior BJP (Bharatiya Janata Party) leader Arun Jaitley today (Aug 3, 2004) said that the Framework WTO Agreement was "disturbing" as it had left very little bargaining options in tariff negotiations for developing countries like India.
