Bose Corporation to expand operations in India Encouraged by handsome growth in its retail business the Indian arm of internationally renowned acoustic company Bose Corporation has chalked out plans for expanding its business by opening more retails shops in the Country.
neoIT issues offshore & nearshore IT salary report neoIT, the leading offshore advisory and management firm, has issued a report detailing the latest global IT salaries for key offshore and nearshore markets. The latest in neoIT's monthly white paper series is titled "Offshore & Nearshore ITO Salary Report 2004".
BSE: Metal scrips pulls down Sensex by 74 points A steep setback in metal shares pulled down the Sensex sharply by 74.34 points, wiping out the two-day gains and closed at 6655.56 due to heavy institutional selling on the stock exchange, Mumbai (BSE) Mumbai today (June 2, 2005).
PC aims less than 4.1% GDP; lower borrowing in FY06 After reining in deficits last year, Union Finance Minister P Chidambaram today (June 2, 2005) said fiscal deficit will be less than 4.1 percent of GDP and borrowings will be lower than budgeted in 2005-06.
Samsung to launch 12 new mobile models in India Samsung India today (June 2, 2005) said it would launch 12 more new models of GSM mobile handsets in the second half of the year apart from the 10 models already introduced in the first five months and aimed aim at a market share of 16 to 17 per cent in the GSM segment by the year end.
'Indian IT companies in expansion mode in China' Indian IT companies hiring techies for Chinese operations are expected to double to 2000 by the end of the financial year as they scale up their presence in the dragon country, a NASSCOM official said today (Jun 2 2005).
Employment base in IT industry crosses 1 mn mark Employment base in India's high-growth information technology and related industry (excluding hardware) has crossed the one million mark, according to the industry body NASSCOM.
PM to meet Left parties on hike petrol price issue In his bid to have wider consultations on the petroleum product prices, Prime Minister Manmohan Singh has this evening (Jun 2, 2005) called leaders of Left parties to discuss the issue.
BSE: Sensex opens marginally lower at 6723.62 pts The Sensex today (Jun 2, 2005) opened marginally better, but thereafter fluctuated erratically on alternate bouts of buying and selling, before being quoted at 6723.62, a shade lower than the previous close at the opening session on the Bombay Stock Exchange (BSE).
Left warn UPA against disinvestment in other PSU Opposing the ten percent disinvestment in Bharat Heavy Electrical Limited (BHEL), the Left parties yesterday (Jun 1, 2005) warned the Congress-led Government at the Centre against privatisation in any other public sector unit (PSU).
INTERNATIONAL India seeks WTO provisions against outsourcing ban Alarmed by a US move to ban outsourcing of jobs, India has sought provisions in the WTO that will check countries from stopping companies from offshoring jobs.
2035: Arrival of India as world's knowledge hub The year 2035 will see the "arrival of India," the knowledge hub of the world, and Indo-US relations evolving into a "binary" partnership encompassing technology transfer and exchange, Commerce and Industry Minister Kamal Nath has said.
