NATIONAL Tata Consultancy Services - India's top IT company The top five software and service players have maintained their positions in the annual list of top 20 software and service exporters for 2004-05 brought out by the National Association of Software and Services Companies (NASSCOM).
RIL launches 4th highway hospitality dhaba in UP Reliance Industries Limited (RIL) today (Jun 16, 2005) launched it's fourth highway hospitality dhaba in Uttar Pradesh in the form of 'al plaza' at a company petroleum retail outlet in Kamlapur on the Lucknow-Sitapur highway.
Finance Ministry sticks to 7pc GDP growth target The Finance Ministry today (Jun 16, 2005) said that the economy was poised to grow by 7 per cent this fiscal despite the delay in monsoon, but admitted that high global oil prices were a matter of concern.
RIL rallies by 2.76%, Sensex eases to 6900.41 pts Reliance Industries rallied on the Bombay Stock Exchange (BSE) today (Jun 16, 2005) on heavy buying after reports that the Ambani brothers were close to resolve their differences over ownership issues by July 6.
Infinite appoints Neeraj Tewari as CEO (Americas) Infinite Computers Solutions (I) Pvt Ltd, a leading global IT solutions and services provider with expertise across telecom, finance, manufacturing, healthcare and retail verticals, has appointed Neeraj Tewari as CEO (Americas) to ramp up the company's American operations.
Great prospects for Emerson Technologies: Ledford There was a great opportunity for Emerson Technologies in the field of power generation, Dr Randall D. Ledford, senior vice president and chief technology officer of the company said.
Intel yet to decide on locating ATM unit in India In a major rebuff to Union IT and Telecommunications Minister Dayanidhi Maran, who had said that global chip maker Intel will set up a $400 million assembly test manufacturing (ATM) unit in India, the company today (Jun 16, 2005) said it was yet take a final decision on locating facility in the country.
Rs 1,000 cr Ascendas India IT parks fund launched Asia's leading business space provider, Ascendas Pte Ltd, today (Jun 16, 2005) announced the launch of the Rs 1,000 crore Ascendas India IT Parks Fund seeded by two of its prime IT park properties.
Wipro E-OPS signs agreement with Wipro BPO IT major Wipro Ltd's contract processing arm, E-OPS has signed an exclusive partnership agreement with the company's loan processing unit, Wipro BPO for 24/7 offshore mortgage processing service.
Secova eServices clinches HRO deal from US firm In the biggest HR (Human Resources) outsourcing deals clinched by an Indian BPO, Chennai-based Secova eServices has won a $5 million contract from a American firm to provide health and welfare benefits services for its employees.
Government defers hike in petrol, diesel prices Government today (Jun 16, 2005) deferred a decision on revising petroleum prices and may meet on Saturday (Jun 18, 2005) to decide on the issue.
Sensex edges up by three points at early trading Shares of RIL and REL were quoted higher at the opening session on Bombay Stock Exchange (BSE) today (Jun 16, 2005) with the Sensex showing a marginal gain of 2.85 points at 6909.83.
INTERNATIONAL New airline launched; orders 100 A-320s worth 6 bn In a major move in the Indian aviation sector, leading travel and tourism conglomerate InterGlobe Enterprises today (Jun 16, 2005) announced plans to launch a domestic airline, IndiGo, and placed firm orders for 100 A-320 aircraft with the Airbus Industrie worth over $6 billion.
