NATIONAL OBC gets Govt nod for Rs 2,000 crore public offer Public sector Oriental Bank of Commerce (OBC) will go for second public offering to raise about Rs 2,000 crore anytime after March 15, its chairman B D Narang announced today (Feb 19, 2005).
'Japanese firms interested in business with India' With Japanese corporates controlling business in the ASEAN (Association of South East Asian Nations) region, many Japanese companies have evinced interest in doing business with India, Tadao Ogoshi, President Japanese Chamber of Commerce and Industry, Singapore (JCCI) said.
Sensex dips by 0.75 pc despite heavy FII inflows Despite a sharp increase in Foreign Institutional Investments (FII) activity in the week under review, the sensex ended 0.75 per cent lower, cutting short the four-week winning streak, as operators played a spoilsport by booking profits throughout.
INTERNATIONAL Offshoring has min effect on US industrial layoffs Contrary to the wide-spread public perception in the United States, offshore outsourcing accounted for very small fraction of high-tech industry layoffs in 2004, the US Labour Department has said.
