NATIONAL vMoksha to recruit 500 engineers by May 2005 Mid-sized IT services firm vMoksha Technologies today (Nov 4, 2004) said it plans to hire nearly 500 software professionals at its development centre in Bangalore by May 2005.
Petrol, Diesel price rise likely from midnight The price of Petrol is likely to be hiked by Rs 1.50 per litre and Diesel by Re One from midnight tonight (Nov 4, 2004) in the face of surging global crude oil prices.
Air Deccan to raise private equity of $ 50-60 mn Low cost airline Air Deccan intends to raise a private equity of $ 50 million to 60 million and was in discussion with seven players in this context, its Managing Director Captain G R Gopinath said today (Nov 4, 2004).
BSE: Market ends 10 pts down as euphoria recedes After early euphoria over US President George Bush's re-election, the market today (Nov 4, 2004) reacted on profit selling and ended 10 points down, snapping a three-day winning streak.
India Inc welcomes Bush's second stint at White House Welcoming US President George W Bush's second term in the White House, industry bodies today (Nov 4, 2004) said it would further strengthen Indo-US trade and economic ties.
A Dollar outsourced is a Dollar invested in the US! Relieved at the end of uncertainty with the re-election of President George Bush, India's software industry is bullish that American firms would be much bolder to assert their gains by outsourcing more IT and BPO work to India.
INTERNATIONAL Reliance, Bharti no threat in int'l telephony: VSNL The Tatas-controlled Videsh Sanchar Nigam today (Nov 4, 2004) said it would invest Rs 2,000 crore during the current fiscal to expand and consolidate and asserted that rivals Reliance and Sunil-Mittal promoted Bharti did not pose any threat to its leadership position in the international telecom business.
'VSNL open to acquisitions, takeovers for growth' Close on the heels of acquiring Tyco Global Network for about Rs 600 crore, Tatas-controlled Videsh Sanchar Nigam Limited (VSNL) today (Nov 4, 2004) said it was open to acquisitions and takeovers for maintaining high growth momentum.
