Wednesday, September 22, 2010

Ohio ban 'ill-advised' , says Sharma

Ohio ban 'ill-advised' , says Sharma


Ohio ban 'ill-advised' , says Sharma

Posted: 22 Sep 2010 05:20 PM PDT

Describing the state of Ohio's ban on outsourcing as 'ill-advised' , India has 'firmly' conveyed to US its displeasure over the move and other protectionist measures, like the hike in visa fees for professionals.

BlackBerry network upgraded partially

Posted: 22 Sep 2010 05:22 PM PDT

Directed by the government , telecom companies are understood to have partially upgraded their networks for lawful interception of BlackBerry Messenger (BBM) services only.

Desi firms score over MNCs in attracting talent

Posted: 22 Sep 2010 04:37 PM PDT

With the Indian economy growing fast and the job market picking up momentum , headhunters across the country are on a hiring spree.

Cost advantage: US can't curb offshoring

Posted: 22 Sep 2010 04:41 PM PDT

India reacted strongly to the US increase in work visa costs and the Ohio governor's statements against offshoring. But as emotions give way to cold calculations and analyses, two points are emerging powerfully.

India, US finalising $5.8bn Boeing deal

Posted: 22 Sep 2010 05:47 AM PDT

India is aiming to finalise a $5.8 billion defence agreement with the United States before the November visit of President Barack Obama in a deal that would mark the biggest India-US defence deal ever.

Obama's economic policy chief to quit

Posted: 22 Sep 2010 05:24 PM PDT

The White House said that Lawrence H Summers, the chief architect of President Obama's economic policy, would leave by year-end , continuing an exodus of top-level advisers at a time when voters are expressing deep dissatisfaction with the president's stewardship of the economy.

Indiatimes to be official online partner for KBC

Posted: 22 Sep 2010 06:51 AM PDT

Times Audience Network, the digital video division of Times Internet Limited, announced its partnership with Multi Screen Media to be the official online portal for Kaun Banega Crorepati to be aired on Sony Entertainment Television.

L&T, RIL drag Sensex down by 175 points

Posted: 22 Sep 2010 06:12 AM PDT

Heavy profit-booking in RIL and L&T reversed early gains and dragged down the BSE benchmark Sensex by over 175 points to below the 20,000-mark in afternoon trade today.

Rupee rises by 9 paise against dollar

Posted: 22 Sep 2010 06:49 AM PDT

Continuing its gaining streak for the sixth day, the rupee today strengthened by nine paise to close at a fresh four-month high against the US currency amid heavy portfolio inflows.

TAN, Monsoon Ads tie-up for digital video ads

Posted: 22 Sep 2010 06:34 AM PDT

Monsoon Ads, a leading online video advertising network, announced an exclusive online and mobile video advertising sales partnership with the Times Audience Network.

Private PF trusts can also pay 9.5% interest: EPFO

Posted: 22 Sep 2010 04:46 AM PDT

Brushing aside apprehensions, retirement fund manager EPFO today said PF trusts set up by corporates can pay a higher interest rate of 9.5 per cent for 2010-11 as they may also have surplus in their accounts.

White House advisor Summers stepping down

Posted: 22 Sep 2010 04:45 AM PDT

President Barack Obama's top economic advisor Lawrence Summers would leave the White House after the mid-term elections in November to take up a teaching assignment at the prestigious Harvard University.

Rupee gains 14 paise against dollar in early trade

Posted: 21 Sep 2010 09:27 PM PDT

The rupee gained 14 paise to 45.53 against the US dollar at the Interbank Foreign Exchange today on continued capital inflows from foreign funds.

Vertex forms JV with Shell

Posted: 22 Sep 2010 05:30 PM PDT

UK-based BPO firm Vertex formed a joint venture with domestic player Shell Transource to tap the multi-billion dollar business opportunity in the Indian market.

Obama's economic policy chief to quit

Posted: 22 Sep 2010 05:24 PM PDT

The White House said that Lawrence H Summers, the chief architect of President Obama's economic policy, would leave by year-end , continuing an exodus of top-level advisers at a time when voters are expressing deep dissatisfaction with the president's stewardship of the economy.

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