NATIONAL Hiring by IT Cos up 13 %; 60,000 jobs by Dec-end Hiring by information technology and IT-enabled services companies in India will go up by 13 per cent to about 60,000 people in the third quarter of the current fiscal as compared to the previous quarter, says a study by human resources firm, Ma Foi Management Consultants.
Texas developer conference in Bangalore from Dec 1 Texas Instruments will host their seventh annual developer conference in Bangalore from tomorrow (Dec 1, 2004) that will focus on products and technologies being developed by the American chip maker.
Ambani rift: REL to approach RIL on future prospects Amid reports that announcement of Rs 11,000 crore investment in Uttar Pradesh by Reliance Energy was among the reasons for rift between the Ambani brothers,
REL (Reliance Energy Ltd) today (Nov 30, 2004) decided to approach parent company Reliance Industries on its future prospects and reposed full faith in the present management led by Chairman and Managing Director Anil Ambani.
FII inflows lift Sensex; closes at a high of 6234 Bolstered by heavy FII inflows and the economic fundamentals, the market today (Nov 30, 2004) soared to the all-time closing high of 6234.29 in fairly brisk activity.
Malaysian Airlines to start services from Ahmedabad Malaysian Airlines (MAS) today (Nov 30, 2004) announced its plans to launch a new service from Ahmedabad from Dec 16, 2004 and would start five additional flights from other Indian destinations to Kuala Lumpur from tomorrow (Dec 1, 2004) under the 'open sky' policy.
ONGC, Pawan Hans in talks to buy Dhruv helicopter Hindustan Aeronautics Ltd (HAL) is in talks with several domestic customers including Oil and Natural Gas Corporation (ONGC) and Pawan Hans to sell the civil variant of Dhruv, its Advanced Light Helicopter (ALH).
'States ready for VAT, white paper in 15 days' Decks have been cleared for the introduction of Value-Added Tax (VAT) from April 2005, and a white paper on the new tax regime will be circulated among States in 15 days.
'I am happy as long as Sensex is driven by economy' Finance Minister P Chidambaram said he would be happy as long as the BSE Sensex, which touched 6,200 points today (Nov 30, 2004), was driven by the fundamentals of the economy.
States demand 50% of Service Tax; FM says let's see States today (Nov 30, 2004) demanded that Centre should share with them the Service Tax mop up on a 50:50 basis but Finance Minister P Chidambaram said any decision on the issue would be taken by a "consensus".
Infovision Software to increase headcount by 1,500 Anticipating huge growth, Infovision Software, the leading Medical Transcription (MT) company on Monday (Nov 29, 2004) said it planned to increase the strength of trained people to around 2000 persons in Mumbai and Kolkata in the next three years.
Crucial Reliance Energy Ltd board meet begins The Board of Reliance Energy Ltd (REL), Anil Ambani controlled enterprise, began its meeting in Mumbai today (Nov 30, 2004) to consider various issues, including the resignation by six of its Directors.
Sensex rallies past 6200 as the upsurge continues The Sensex opened strong and rallied past 6200-mark in line with continued upsurge in stocks during morning trading on the Stock Exchange in Mumbai today (Nov 30, 2004) on the back of unabated flow of foreign investments.
INTERNATIONAL Indian Oil shares oversubscribed in Sri Lanka The Indian Oil Company's attempt to raise $ 35 million for its Sri Lanka operation has been a huge success with the company's Initial Public Offering (IPO) being oversubscribed by over six times.
India Inc to launch Made In India Show in Beijing India Inc will launch the second "Made In India Show" in Beijing tomorrow (Dec 1, 2004), showcasing its technological and manufacturing prowess as part of New Delhi's conscious effort to sustain the booming bilateral trade and diversify the export basket to China.
