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Home -> Finance -> News

NATIONAL
LG eyes Indian notebook PC market post-budget
Korean consumer electronics giant LG Electronics plans to launch its notebook computers in India, but will await the Union Budget next month anticipating a further cut in import tariffs.

BSE: Sensex opens strong and rises past 6200-mark
The sensex opened on a firm note and rallied past 6200-mark during morning trading on the Bombay Stock Exchange (BSE) today (Jan 27, 2005) on continued squaring up of positions by operators at the last day of January contract in derivatives.

INTERNATIONAL
India's new competitors in the outsourcing market
Though business process outsourcing contributes substantially to the country's revenue and drives 30% growth in IT exports , sustaining it would be a challenge as other English-speaking countries are starting to erode the country's cost advantage, according to Forbes magazine.

Lakshmi Mittal is Europe's Businessman of the Year
Non-Resident Indian (NRI) steel tycoon Lakshmi Mittal has been named Fortune magazine's 'Europe Businessman of the Year' in recognition of his ability to combine managerial savvy with superb acquisitive instincts.