NATIONAL PM for making 'cyber crime' a punishable offence Concerned over instances of leakage of personal information in the data processing industry, Prime Minister Manmohan Singh today (Jun 29, 2005) favoured changes in cyber laws to make illegal transfer of data a punishable offence but said occasional misguided acts of individuals should not be allowed to damage the reputation of all professionals.
Infy, B-Source offers 'pay-as-you-transact' model Infosys Technologies and B-Source today (Jun 29, 2005) announced a technology partnership to provide a "pay-as-you-transact" model, known as Business Service Provisioning, to European banks in the private banking and asset management sector.
BSE: Sensex bounces back by 71 pts on late buying Shares in almost all the segments attracted heavy buying activity towards the fag end and rallied on the Bombay Stock Exchange (BSE) lifting the Sensex up smartly by 70.88 points to close at 7119.88.
Govt inquiring into call centre scam, says IT Secy Government today (Jun 29, 2005) said it is looking into the issue of alleged leakage of data from a web marketing company employee to an undercover reporter of a UK daily in a sting operation and asserted that guilty would not be spared.
Indian investment in UK rises by 30 % in 2004-05 Investment from Indian businesses into the UK jumped nearly 30 per cent during 2004-05 fiscal year, reaching a record level, said Mark Dolan, Deputy Director, Inward Investment, UK Trade and Investment on the release of 2004-5 investment review report.
Philips Electronics to add 300 people in Chennai The Netherlands-based Royal Philips Electronics plans to raise staff strength at its shared accounts service centre at Chennai to up to 500 from the current 190 people, a senior company executive said today (Jun 29, 2005).
Intec opens a new technical facility in Bangalore British firm Intec Telecom Systems Plc, a global supplier of software to the telecom industry, today (Jun 29, 2005) opened its new technical facility in Bangalore.
CECA: India & Singapore to boost trade, investment The landmark Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore will boost bilateral trade and investment besides opening up the banking industry, liberalising the services sector and easing visa restrictions for professionals of the two countries.
Reliance Infocomm valued at over Rs 22,500 crore With Reliance Industries Ltd (RIL) deciding to convert its preference shares in Reliance Infocomm to equity capital, the worth of Reliance group's telecom company is being now valued at over Rs 22,500 crore.
Sensex opens better; moves strongly in early trade The Sensex today (Jun 29, 2005) opened better and moved up further smartly during the early trading on the Bombay Stock Exchange (BSE) on fresh low-level buying and was quoted 30 points higher at 10:30 hrs (IST).
