NATIONAL BPO: Aviva plans to hire 3000 people in India Eyeing India as one of its fastest growing markets, world's fifth largest insurer Aviva Plc wants to infuse more capital in its Indian venture when FDI limit is raised and plans to hire 3,000 more people by 2006 to expand its business process outsourcing operations in the country.
Kokilaben starts talks with Mukesh, Anil separately Kicking off the process for a possible settlement of ownership issues within the Reliance empire, Kokilaben, widow of the mega group founder Dhirubhai Ambani, has started consultations separately with her warring sons Mukesh and Anil on the basis of a valuation report submitted to her by ICICI Bank chief and a family friend K V Kamath.
MRO-TEK to participate in CeBIT Trade Show MRO-TEK Ltd, an Indian headquartered major provider of product-based solutions to access every network, today (Mar 9, 2005) announced its participation in CeBIT Trade Show in Hannover from March 10 -16, 2005.
Sensex touches new highs, ends at 6892.82 points Riding high on unabated Foreign Institutional Investors (FII) inflows, the Sensex today (Mar 9, 2005) once again hit new all-time peaks of 6954.86 in early trade before ending 22 points down due to profit taking by operators in highly volatile trade.
Reliance draws first instalment from $ 750 mn loan Reliance Infocomm drew its first instalment from a $ 750 million loan facility provided by Export-Import Bank of the United States and Export Development Bank of Canada (EDC) last week.
RIL leads Sensex to new intra-trade high of 6954.86 Led by Reliance Industries Ltd, the Sensex today (Mar 9, 2005) rallied smartly after a weak start and hit a new intra-trade high of 6954.86 in morning trading on the Bombay Stock Exchange (BSE) on the back of unabated Foreign Institutional Investors (FIIs) inflows.
INTERNATIONAL $ 122.6 mn aid proposed for India in FY06 Budget The US administration has proposed a $ 122.6 million aid for India in the budget for fiscal year 2006, according to the Congressional Research Service.
