NATIONAL BPO provider ICICI OneSource wins multiple awards Leading BPO provider ICICI OneSource, said it won multiple awards from the National Outsourcing Associaton, the United Kingdom (UK) at the NOA's Annul Ceremony in London yesterday (Sept 22, 2005).
Notice on stamp duty tax on share deals challenged The Bombay High Court has admitted a petition challenging the constitutional validity of Maharashtra Government's move to issue a notification imposing stamp duty tax on sale or purchase of shares through Bombay Stock Exchange and National Stock Exchange.
Market stabilises above 8200 mark after volatility The market today (Sept 23, 2005) stabilised after an initial roller-coaster ride and ended flat on renewed buying support in response to positive statements from Finance Minister P Chidambaram and Securities and Exchange Board of India (SEBI).
Inflation rises with petrol, diesel, vegetable hike Higher prices of petrol, diesel, fruits and vegetables burned holes in the pockets of consumers though inflation rose only slightly to 3.53 per cent in the second week of September from 3.16 per cent in previous week.
Although the present level of inflation is much lower than 8.15 per cent recorded a year ago, prices may start going up due to seasonal factors, festival demands and snow-balling impact of higher transport costs on virtually all items after the recent hike in petrol and diesel prices.
ICCOA to toughen market of Indian organic products International Competence Centre for Organic Agriculture (ICCOA), a unique organization focusing on the needs of all stakeholders of organic culture, including farmers, has taken up a project to strengthen marketing chains for Indian organic products.
'To develop a business model for rural investment' Defence Minister Pranab Mukherjee today (Sept 23, 2005) called upon the captains of Indian Industry to develop a business model of rural investment for improving income generation and overall economic prosperity at grass-root level.
No scam in the stock market, says Chidambaram Unperturbed by the upheavals in the Indian bourses, Union Finance Minister P Chidambaram today (Sept 23, 2005) said there was no scam in the stock market, which is well-regulated.
SEBI chief allays investor's fears on reports Capital market watchdog Security and Exchange Board of India (SEBI) today (Sept 23, 2005) sought to allay investor fears on Government agencies allegedly investigating investments in stock markets saying most of the reports on the issue were baseless and there was no failure in the systems to warrant any panic.
Sensex dips by 66 pts, after a roller-coaster ride The Bombay Stock Exchange Benchmark 30-share Index continued its downslide for another day after a 100-point roller-coaster ride in 30 minutes of trading and was quoted 66 points lower at 11.30 am on fresh panic selling sparked off by news of I-T raids on stock brokers.
Sensex remains volatile, up by 35 pts in early trade After the overnight mayhem, the Bombay Stock Exchange Benchmark 30-share Index (Sensex) today (Sept 23, 2005) made a strong turnaround after a firm start even as volatility had become order of the day on fairly good buying support from institutional investors.
INTERNATIONAL Microsoft, India assert steps to link digital divide Stepping up cooperation with Indian Government, Microsoft has announced a slew of initiatives to accelerate IT literacy and enable e-governance to bridge the digital divide in the country.
Globalisation, most imp force in world economy: IMF Asserting that globalisation was the most important force in the world economy, the International Monetary Fund (IMF), however, admitted that problems remain in the integration of goods and services markets, pointing to the rise of IT services in India.
