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Home -> Finance -> News

NATIONAL
Attempts being made to pull down BPO industry: Govt
The Government today (Oct 26, 2005) said that attempts were being made to prevent India from taking a lead in the IT and Business Process Outsourcing (BPO) space.

MRO-TEK Ltd announces financial results for Q2
MRO-TEK Ltd, a major provider of product-based solutions to access every network, today (Oct 26, 2005) announced its financial results for the second quarter ending September 30, 2005.

Nipuna-Spirit forges alliance, bag 3 animation films
Nipuna Services Limited, Satyam's BPO Arm, has forged a business partnership with Spirit, a part of Ramanaidu Studios - one of India's finest studios in film-making. Nipuna-Spirit partnership has already bagged three special animation projects recently.

Britain for faster reforms in banking/law in India
Britain would like to see faster liberalisation in sectors such as insurance, banking and law in India, British High Commissioner to India Michael Arthur said today (Oct 26, 2005).

Indiabulls Ltd under lens for trading 'penny stocks'
Income Tax officials visited three out of the 129 offices of Indiabulls Securities Ltd, as part of a survey being carried out to track investors who traded 'penny stocks'.

Infosys is compliant with Sarbanes Oxley Act of 2002
Infosys Technologies Ltd yesterday (Oct 25, 2005) said it is now compliant with Section 404 of the Sarbanes Oxley Act of 2002 (SOX Act) well in advance of the mandatory deadline of March 31, 2007.

INTERNATIONAL
Oil prices surge three pc on wintry weather forecast
Worries about a cold snap hitting the US northeast prompted a flurry of buying activity on commodity markets Tuesday, pushing up oil prices by more than three per cent.

Ananda Rao quits Infosys to start a new company
Infosys Australia Executive Director and second in command, Ananda Rao, has left Infosys to start a new global information management and solutions group, Benchmark Group Holdings, which will be headquartered in Melbourne, Australia.