NATIONAL i-Flex to hire 1200 software pros in five months Banking software company i-flex will add about 1200 software professionals in the next five months to become a 5000-strong organisation by March 2005 with most of the recruitment taking place at its Pune and Chennai development centres.
Sensex dips by 59.57 points despite good RIL results Notwithstanding the encouraging second quarter working results announced by top heavyweight, Reliance Industries Ltd (RIL), bear operators tightened their vice-like grip extending losses for the third session and the Sensex dipped by another 59.57 points to close below 5600-mark at 5581.49 on the stock exchange in Mumbai today (Oct 25, 2004).
Siemens hired 500 software pros in last 12 months German engineering major Siemens today (Oct 25, 2004) said it has hired over 500 people in the last one year at its software division to reach a strength of 3,500 people.
Karnataka Inc up in arms against Govt over heavy taxes Industry in Karnataka, particularly the manufacturing sector, is up in arms against the State Government maintaining that special entry tax and withdrawal of certain concessional taxes are hurting the competitiveness.
RIL posts Rs 3,189 cr profit - highest in pvt sector Reliance Industries Limited has announced its unaudited results for the half-year ended September 30, 2004. Gross Turnover (Turnover and Interdivisional Transfers) of Rs 43,680 crores ($ 9,494 million). Net Profit of Rs 3,189 crores ($ 693 million) - the highest in the private sector.
