NATIONAL Philips to expand Innovation Campus in Bangalore Philips today (Oct 21, 2004) announced its plans to expand its Innovation Campus in Bangalore and said it would invest $ 50 million in the next five years on the workplace infrastructure and expects to double its current workforce of 1,300 people by 2007.
Shares continue to lean down, Sensex drops by 31 pts Share prices continued to lean down at the Bombay Stock Exchange (BSE) today (Oct 21, 2004) due to heavy profit booking by operators as well as investors ahead of long holidays and the Sensex declined by 31 points to close at 5641.06 as against the previous close of 5673.02.
India is a mother country of outsourcing: Maran The Government on Wednesday (Oct 20, 2004) said protectionist barriers against outsourcing would not survive in the face of overall economic gains.
Reliance reacts to DoTon call routing controversy Mired in a controversy over the routing of incoming international calls as local calls to avoid payment of connectivity charges, Reliance Infocomm on Wednesday (Oct 20, 2004) sent a detailed, clause-by-clause reply to the Department of Telecom (DoT), saying there was no violation of the licence agreement.
INTERNATIONAL Telstra ships 400 jobs to India amid high criticism Australia's IT and telecom major Telstra has decided to shift about 400 landline billing jobs to India, a move criticised by the trade unions in the island.
Research predicts 'gold' for India in outsourcing Global investment in offshore IT services will grow from $7 billion in 2003 to $17 billion by 2008 and India was among the select group of countries, which are poised to gain from this spurt in outsourcing, a new research has predicted.
