NATIONAL Covansys opens global development centre in B'lore NASDAQ-listed global consulting and technology services company Covansys Corporation today (Aug 10, 2005) announced the opening of its new global development centre in Bangalore.
Bharti chooses Hinduja TMT as outsourcing partner Hinduja TMT today (Aug 10, 2005) announced that Bharti Tele-ventures Ltd has chosen the company as its strategic outsourcing partner for call centre service for its 12.5 million existing cellular services customers and new customers that would be added in the coming years in Bharti's 23 mobile circles across the country.
'Global commercial outsourcing firm slowing down' Global sourcing advisory firm TPI has in its report on the state of the commercial outsourcing industry reported a modest 11 per cent increase in global contract award values in Q2 of calendar year 2005 compared to the first quarter.
Sensex bounces back by 134 points on FII inflows Riding piggyback on heavy purchases by Foreign Institutional Investors (FIIs), the stocks market cut short three-session losing streak and bounced back with a vegeance lifting the sensex by a whopping 134 points even as Federal Reserve raised interest rate by 0.25 per cent.
Cisco inks with Symphony services for $ 2 mn Cisco Systems today (Aug 10, 2005) announced that Symphony Services has deployed a Cisco-powered network comprising Catalyst series of LAN switches with integrated firewall and security modules as well as IP telephony technologies for its global operating centre in Bangalore.
TCS, Metric Stream form a strategic partnership Metric Stream, Inc. and Tata Consultancy Services (TCS) today (Aug 10, 2005) announced a strategic partnership to help clients 'significantly decrease' costs associated with complying with federal regulations such as GMP, Sarbanes-Oxley 404 and such industry mandates as ISO9000.
Sensex rallies by 85 points during morning trade The Sensex today (August 10, 2005) opened firm and later rallied smartly by about 85 points in brisk activity during morning trade on the Stock Exchange, Mumbai (BSE) on the back of expectations of increased Foreign Institutional Investors (FII) inflows coupled with strong trend in global markets.