NATIONAL Progeon enters high value knowledge services segment Infosys BPO subsidiary Progeon today (Sep 20, 2004) said it had begun some pilots for customers in the high value "knowledge services" segment, aimed at the complex, end-to-end outsourcing in financial services.
Govt angry over Suzuki; accuses it of breach of pact Stung by unilateral announcement by Suzuki Motor Corporation to invest Rs 1,000 crore in the Indian automobile sector, Government has summoned its joint venture partner in Maruti Udyog to explain their action, saying it was violative of "understanding".
India's first media & entertainment fund by Reliance Seeking to tap the tremendous potential offered by the Indian media and entertainment Industry, Reliance Mutual Fund today (Sep 20, 2004) has launched the 'Reliance Media & Entertainment Fund', an open-ended media and entertainment sector scheme.
Stocks suffer setback, push Sensex down by 15 pts Stocks suffered a moderate setback and the Sensex ended down by 15 points in volatile activity at the Bombay Stock Exchange (BSE) today (Sep 20, 2004) on buying support alternated by selling pressure from domestic mutual funds and operators.
Leading Saudi Bank opts for IndusFace Consulting IndusFace Consulting, an information system security services provider along with their local partners, scripts a new advent in the financial sector by bagging a project in assisting a leading bank in Saudi Arabia to review and implement the ISMS (Information Security Management Standard) controls.
Aztec Software acquires Disha in stock-cum-cash deal Aztec Software and Technology Services Ltd today (Sep 20, 2004) announced it has acquired Pune-based Disha Technologies India Pvt Ltd, for $ 12.1 million in a stock-cum-cash deal.
INTERNATIONAL India, Britain to set up joint Economic & Trade Comm India and Britain today (Sep 20, 2004) decided to set up a Ministerially-led Joint Economic and Trade Committee to further develop a strategic economic relationship and business-led vehicles to enhance bilateral trade and investment in specific sectors, including services and knowledge-based industries.
