NATIONAL BPO: English - India's weapon against China threat Indians' proficiency in English will help it ward off a potential threat from China in the outsourcing space, in spite of the latter's advantage of having cheap skilled labour and a market eyed by multinationals, according to global research and advisory firm Gartner.
Sensex extends gain for second day, up by 18.84 pts Overcoming early hesitancy, the Sensex extended its gain for the second successive day today (Aug 10, 2004) due to rally in select heavyweight counters and closed up by 18.84 points at 5252.05 on the stock exchange in Mumbai today on good buying support from operators.
South Indian Co-op bank seeks hike in withdrawal limit Mumbai-based South Indian Cooperative Bank Ltd (SIB), which is working under RBI (Reserve Bank of India) directions following a run on its deposits, has sought a hike in existing ceiling of Rs 1,000 on withdrawals from savings or current account to meet the emergency needs of depositors.
Air India, Lufthansa sign strategic alliance pact Air-India (AI) and Lufthansa today (Aug 10, 2004) signed a strategic alliance agreement paving the way for joint development of air services on the India-Europe-US route.
Cartel-Supersight JV to start BPO Ops in Chennai UK based Cartel Group Holdings Plc has entered into a Joint Venture (JV) with Supersight Ceequence for the establishment of Cartel's BPO and Call Centre operations in Chennai, India.
Infosys to build new campus on 300 acres in B'lore Software major Infosys has sought 300 acres of land in Bangalore for setting up its new campus, Infosys CEO and President Nandan Nilekani said today (Aug 10, 2004).
INTERNATIONAL Top Internet giants Yahoo-Google war ends Internet search-engine giant Google has agreed to give its closest rival Yahoo 2.7 million shares of its stock to settle patent infringement and other legal claims, the companies announced on Tuesday (Aug 10, 2004).
