NATIONAL BPO: Economy would prevail over politics says Karnik NASSCOM (National Association of Software and Service Companies) President Kiran Karnik today (Sep 12, 2004) said the debate against outsourcing in the American presidential campaign would eventually die down and economy would prevail over politics.
RBI step will ease inflationary pressure: FM A day after RBI (Reserve Bank of India) hiked the Cash Reserve Ratio (CRR) to check excess liquidity, Finance Minister P Chidambaram today (Sep 12, 2004) said more measured steps will be taken to contain inflation shooting up mainly because of external factors especially the unbridled surge in global crude oil prices.
Service Tax makes Pay Orders, DD, cable TV costly A host of banking services like pay-orders, demand drafts, safe deposit lockers, safe vaults and insurance cover have become costlier following levy of
Service Tax and Education Cess from September 10.
Kolkata: 2500 more call centre jobs on way Descon Ltd on Saturday (Sep 11, 2004) announced a tie-up with US-based TeleSynergy Reserach Inc to set up a 500-seat call centre in Kolkata to provide employment to over 2,500 persons.