NATIONAL Wipro plans low-cost computers to benefit villages Indian software giant, Wipro said on Thursday (Sep 23, 2004) that it was developing a low-cost computer that would run on low power and would have inbuilt source of two hours of standby power supply.
US firm NEC Solutions keen to buy Indian BPO cos NEC Solutions (America) Inc, a provider of integrated solutions for connected enterprises in North America, said on Thursday (Sep 23, 2004) that it was keen on acquiring business process outsourcing companies in India.
Centre to compensate States fully in 1st yr of VAT With 17 States ready with VAT (Value Added Tax) bills, Finance Minister P Chidambaram today (Sep 23, 2004) promised to fully compensate States in the first year of introduction of Value-added Tax scheduled in April, 2005.
Govt confident of exports touching $ 75 billion Riding on a high export growth rate of 26 per cent in the first five months of 2004-05, Government today (Sep 23, 2004) said it was confident of exports touching the $ 75-billion-mark.
Reliance bags Int'l Asia-Pacific Award among biggies Reliance Industries Limited (RIL) has received top honours and bagged the prestigious 'International Asia-Pacific Quality Award' in the category 'Big Industry Organisation of more than 250 employees'.
Maruti, Suzuki to pump in 6,000 Cr for new car plant Maruti Udyog Ltd (MUL) today (Sep 23, 2004) announced Rs 6,000 crore investment with its parent company Suzuki Motor Corp (SMC) as part of which a new car plant would be established through a joint venture where MUL would have a 70 per cent equity, an outcome of a settlement reached between Government and the Japanese auto major.
INTERNATIONAL Infosys backs IT role in driving global competition Infosys Technologies' leadership approach in technology and sourcing solutions, resulting in global competitiveness of its clients, received strong support at the company's annual client forum, Milan, held in Phoenix, Ariz.
Manmohan promises hard decisions to free economy Making an all-out bid to woo US investors, Prime Minister Manmohan Singh promised that the UPA (United Progressive Alliance) Government will take "hard" decisions to free the economy from bureaucratic controls and assured them those compulsions of coalition politics and Left support will not derail reforms.
India on the verge of tremendous eco growth: NYSE There is growing recognition in the United States that India stands on the threshold of tremendous growth and influence as an economic power in the global community, the chief of New York Stock Exchange (NYSE), the world's largest bourse, said in New York.
