NATIONAL FIIs net investments for 9 months cross $ 4.7 bn Foreign institutional investors (FIIs) have pumped in over $ 4.73 billion in the Indian capital markets for nine months ending September in 2004.
Murthy warns home grown Cos against complacency As the Indian IT juggernaut rolls on, Infosys Chairman N R Narayana Murthy has cautioned home grown companies against complacency, telling them to take up high-end work, maintain cost efficiency and protect margins with China and emerging East Asian IT players vying for a larger share of the global IT pie.
INTERNATIONAL 'Despite Oil prices economy will grow by 6.5 to 7 %' Enthused by the 7.4 per cent GDP (Gross Domestic Product) growth in first quarter, Finance Minister P Chidambaram has said economy was expected to grow by 6.5-7.0 per cent this fiscal despite delayed monsoons and oil price pressures.
50 Indian IT firms to take part in GITEX 2004 A record number of 50 Indian IT Companies will take part in the Gulf Information Technology Exhibition (GITEX) 2004 beginning today (Oct 3, 2004) with some of them providing Arabic-enabled software and Arabic support services to capture the major chunk of the market in the Gulf and North Africa, a top Indian official has said.
