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Home -> Finance -> News

NATIONAL
Bollywood DVD rental service launched in Canada
Project Pyasa, Inc launches a new service to rent Indian or Bollywood DVDs online in Canada. Operating as Pyasa.ca, the company brings bollywood movies to the ever increasing Indo-Canadian population right across Canada.

Tata's Ego to enable users to have 'office in hand'
Tata Indicom today (July 8, 2005) announced the launch of 'Ego', a product designed to enable the user to access e-mail, click photographs and shoot video clippings.

Blue Star exploring Pakistan market for a foray!
Blue Star Limited, India's leading air-conditioning and commercial refrigeration company, is exploring the Pakistan market for a foray, its Vice-Chairman and Managing Director Suneel M Advani said today (July 8, 2005).

650 crore domestic BPO market is not big enough!
Despite the inherent growth potential, the domestic BPO market continued to be small due to general perception held by BPO vendors that the current domestic market was not ready and relatively unattractive compared to the global BPO market, according to an IT expert.

BSE: Sensex rebounds by 67 points on FII inflows
The Sensex today (July 8, 2005) bounced back with a vengeance and ended 67 points up, driven by heavy FII inflows and positive trend in American markets that helped restore investors' confidence after the multiple London blasts.

RIL annual meet on August 3; may declare dividend
Mukesh Ambani-controlled Reliance Industries Ltd (RIL) will hold its Annual General Meeting on August 3, in which the company's plans following the settlement of ownership of Reliance empire may come up for discussion.

Costly petrol, diesel take inflation to 4.14 pc mark
Inflation reaches to 4.14 per cent as petrol, diesel and food products get costlier. However it was much lower than 6.95 per cent a year ago.

Thinking 'out-of-IT box' imperative for IT players
Restructuring of IT to meet the dynamic changes in business, seizing opportunities thrown up by these changing demands, and thinking 'out-of-the-IT box' to develop solutions to cater to these new needs would become critical for major IT players in the near future, an IT expert said.

No inflationary impact due to VAT, says official
Fears that the Value-Added Tax (VAT) would give rise to inflation had been proved wrong, going by the initial estimates while the tax revenues of VAT-implemented States showed a significant growth, a top official of the VAT panel today (July 8, 2005) said.

Precious metals prices spurt after blasts in London
Both the precious metals, gold and silver, prices spurted on the bullion market in late trading yesterday (July 7, 2005) on panic buying after reports of explosions in London and pressure of crude oil prices touching record high.

Investors regain confidence after London attack
The sensex today once again opened on a strong note and later rallied past 7200-level, gaining by 83 points at 10.30 am (July 8, 2005) on the Stock Exchange, Mumbai (BSE) as investors regained confidence after the multiple London blasts.

Govt clears 28 Foreign Direct Investment proposals
Finance Minister P Chidambaram yesterday (July 7, 2005) cleared 28 foreign direct investment proposals worth Rs 204.82 crore including those of HSBC, Standard Chartered Bank, General Motors and Ford Credit International.

INTERNATIONAL
Maths tuitions next phase of outsourcing in US!
In a recent article, Wall Street Journal said that online mathematics education is the next phase of outsourcing in the US.