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Home -> Finance -> News

NATIONAL
Syndicate Bank plans to enter BPO sector
Public sector Syndicate Bank is planning to enter Business Process Outsourcing (BPO) business to utilise excess man-hours and expertise available in the bank.

Air Sahara to launch non-stop Delhi-Chicago service
Air Sahara today (May 9, 2005) said it would launch a non-stop service between Delhi and Chicago in agreement with a global carrier and another to London by September-October this year.

Sensex shoots up by 93 points to close at 6481.35
The Sensex today (May 9, 2005) rallied sharply by a whopping 92.87 points to close above strong 6450-resistance mark at 6481.35 on the Bombay Stock Exchange (BSE) following all-round sustained buying by local funds and operators, stretching the bull rally for the sixth straight session.

Banking reform bills to be introduced in Par soon
Government will soon introduce three bills in Parliament that intend to give a big push to banking reforms and increase FDI in private banks.

Sensex gains another 38.45 pts in opening session
The Sensex today (May 9, 2005) extended last week's rising trend at the opening session on the Bombay Stock Exchange (BSE) on persistent buying and gained by another 38.45 points.

INTERNATIONAL
TCS planning to get listed on London Stock Exchange
Tata Consultancy Services (TCS), India's largest outsourcing company, plans to list the company on the London Stock Exchange (LSE), its Chief Executive Subramanian Ramadorai has indicated.