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
Duty cuts on fuel to ease burden on consumers: FM
Finance Minister P Chidambaram today (Aug 18, 2004) said that cut in duties on petroleum products would help check prices and avert any burden on consumers, while hoping that global oil prices would decline.

Zenith launches range of low cost laptops
Homegrown computer maker Zenith Computers Ltd today (Aug 18, 2004) launched a series of low cost laptops to take on the multinational firms in the domestic enterprise and consumer laptop market, which is growing at nearly 200 per cent.

BSE: Sensex dips by 65 pts to below 5100-mark
After resisting to close to below 5100-mark for two consecutive sessions, the market today (Aug 18, 2004) lost by 65 points to end near one-month low at 5038.28 on fairly heavy sell-off by domestic investors in reaction to gradual withdrawal by Foreign Institutional Investors (FIIs).

Customs duty slashed by 5%, excise by 3% on fuel
The Government today (Aug 18, 2004) slashed customs duties on petrol and diesel by 5.0 per cent while cutting excise duties by 3.0 per cent, as part of efforts to check inflation that crossed 7.6 per cent.

Uma Bharti woos Infosys, Wipro to invest in MP
Software biggies Infosys and Wipro have set "certain conditions" to invest in Madhya Pradesh, including an international airport in the State, Chief Minister Uma Bharti said today (Aug 18, 2004).

'Poland, Hungary high up in the outsourcing league'
While majority of the business outsourcing contracts are awarded to Asian countries, two European nations -- Poland and Hungary -- are also high up in the league to bag outsourcing contracts.

INTERNATIONAL
BPO boomerang: US county woos Indian companies
Pointing out that it has millions of square feet of vacant office space, an affluent US county has invited Indian and Israeli firms to open their branches, establishing a trend in reverse outsourcing.

World's largest ICT show - CeBIT 2005 to highlight BPO
Attracted by the growth explosion in the outsourcing business, the world's largest information communication technology (ICT) show CeBIT 2005 will set up a separate hall for business process outsourcing services.