NATIONAL India's dominance in BPO threatened, say analysts India's dominance in IT services offshoring market would be threatened if companies do not diversify their offerings and delivery bases, according to analysts.
Operators can offer differential tariffs: TRAI Telecom regulator TRAI on Wednesday (Dec 8, 2004) said operators can offer a special set of tariffs to their own customers and different tariffs to subscribers of any other network.
BSE turns weak after good start, Sensex down 55 pts The market turned weak after early signs of consolidation and ended substantially down by 55 points due to late sell-off by investors amid slowdown in FII
activity during the day (Dec 8, 2004).
Banc of America invests $ 6.5 mn in Ittiam Systems Banc of America Equity Partners-Asia has invested $ 6.5 million in Bangalore-based digital signal processing (DSP) company Ittiam Systems, it was announced today (Dec 8, 2004).
Left slams UPA's ad hoc policy on fuel prices The UPA (United Progressive Alliance) Government today (Dec 8, 2004) came in for an attack in the Rajya Sabha in the manner in which petro product prices were being hiked with Left parties charging it with ad hocism in determining import parity price and the BJP (Bharatiya Janata Party) flaying it for not trying to evolve a political consensus on the sensitive issue.
'To maintain import parity, LPG price needs hike' The Government today (Dec 8, 2004) told the Rajya Sabha that the price of cooking gas would need to be hiked by Rs 210.40 per cylinder and kerosene by Rs 11.05 per litre to maintain import price parity.
Anil fires missive at Mukesh on ownership issue The battle between the Ambani brothers intensified today (Dec 8, 2004) with Anil questioning his elder brother Mukesh on his assertion that ownership issues were settled in the lifetime of their father Dhirubhai.
BSE: Sensex opens firm on sustained FII inflows The Sensex opened firm and later showed signs of stability over the 6300-level during the morning trading on the Bombay Stock Exchange (BSE) today (Dec 8, 2004) following consistent FII inflows and sound economic fundamentals.
INTERNATIONAL China's Lenovo Group acquires IBM's PC business In a major breakthrough in China's ambition to become a key global player in information technology sector, its largest personal computer maker Lenovo Group Ltd today (Dec 8, 2004) acquired US-based IBM's PC-making business for $ 1.25 billion.
