NATIONAL Outsourcing is not a big issue, says Narayana Murthy Indian information technology icon N R Narayana Murthy today (Nov 3, 2004) said, "outsourcing is not a big issue", and expressed confidence that the winner of US Presidential elections - George W Bush or John Kerry - would further strengthen Indo-US bilateral relations.
Reliance Info moves HC on call routing row with BSNL In a new twist to Reliance Infocomm-BSNL controversy over routing of international calls as local, Reliance today (Nov 3, 2004) approached Delhi High Court seeking to restrain BSNL from imposing Rs 254 crore demand and pleaded that the matter be referred to an arbitrator.
'Bush or Kerry, Indian IT bandwagon to roll on' Bush or Kerry, the US would continue to be the biggest market for India's IT services industry and outsourcing to 'desi' companies would also grow in the next five years, chairman of NASSCOM (National Association of Software and Services Companies) Jaithirth Rao said today (Nov 3, 2004).
Govt approves Board for Reconstruction of PSEs The Government today (Nov 3, 2004) approved the constitution of a 'Board for Reconstruction of Public Sector Enterprises', which will come up with ways and means to revive sick public sector undertakings (PSUs).
BSE: Projections of Bush win lifts market by 88 pts Euphoric over early projection of a comfortable win for George W Bush in the US Presidential elections, the market today (Nov 3, 2004) soared by 88 points to close at
5842.54, highest after April 23, 2004.
'Infy, RIL named India's most respected Companies' Infosys Technologies and Reliance Industries today (Nov 3, 2004) have emerged as 'India's Most Respected Companies' in a survey conducted by 'IMRB International' based on a rigorous nation-wide peer-perception survey. The details are published in the latest issue of Businessworld.
TI building single chip solution for mobiles in India American chipmaker Texas Instruments (TI) today (Nov 3, 2004) said engineers at its India R&D centre in Bangalore are developing a single chip solution for mobile phones.
INTERNATIONAL Tata launches undersea cable linking Singapore, India Close on the heels of acquiring Tyco Global Network, Tata group chairman Ratan Tata today (Nov 3, 2004) launched a $100 million undersea optical fibre cable linking Singapore to India.
