NATIONAL US firm Perot Systems to add 1,800 people in India US IT services firm Perot Systems Corporation today (Mar 14, 2005) said it plans to hire nearly 1,800 people for its Indian operations every year as the country becomes the "lynchpin" of Perot's global delivery model.
Rs 325 cr allocated to IA to purchase 43 aircraft Several years after the Vijay Kelkar Committee recommendation, Government has allocated Rs 325 crore as budgetary support to Indian Airlines linked to its purchase of 43 aircraft, for which negotiations are in the final stages now.
IT-ITeS exports to cross $ 17 billion in 2004-05 IT-ITeS exports from the country are expected to reach $ 17.9 billion in 2004-05, a projected growth of 34.58 per cent over last fiscal export revenue figures, according to Nasscom Strategic Review, 2005.
Sensex down by 44 pts despite sustained FII inflows Notwithstanding sustained inflow of foreign investments, the Sensex today (March 14, 2005) ended down by another 44 points in highly volatile trade, extending its losses to second straight session due to fresh selling pressure from mutual funds and operators.
Sony buys SAB TV brand for $ 13 million Sri Adhikari Brothers Television Network Ltd (SABTNL) would sell its SAB TV brand, 1,305 hours of programming and related assets to SET (Singapore) Ltd for Rs 57 crore ($ 13 million).
Mphasis buys US based Eldorado for $ 16.5 million IT company Mphasis BFL Ltd has acquired US-based Eldorado Computing Inc, a healthcare insurance business process outsourcing outfit, for $ 16.5 million in an all cash deal.
Jet Air plans more US links, talks on for tie ups Jet Airways plans to operate flights to Chicago and San Francisco via Paris even as it was negotiating with Continental Airlines and United Airlines for a tie-up.
Jet Airways India Ltd scrip listed today on NSE The scrip of Jet Airways (India) Ltd was today (Mar 14, 2005) listed on the National Stock Exchange (NSE) and the first trade was struck at Rs 1428, at premium/discount to the issue price of Rs 1,100 per share.
Sensex moves downwards in volatile morning trading After opening steady, the Sensex moved downward in volatile activity during morning trading on the Bombay Stock Exchange (BSE) today (Mar 14, 2005) on alternate bouts of buying and selling by investors.
