Foreign IT pros making a beeline to India for jobs
INDIA shining. That's not just a political campaign slogan but the feeling abroad too. An increasing number of foreign nationals are seeking jobs in Indian companies across sectors, particularly in the IT industry. Though the numbers are not ...
LIC Housing seeks to fund property buys in Dubai
LIC Housing Finance Ltd (LICHF) plans to finance acquisition of housing properties overseas. To begin with, the company is seeking RBI permission to provide foreign currency loans to NRIs to buy houses in Dubai. According to company officials, ...
VSNL acquires Dishnet's Net biz for Rs 270 cr
VIDESH Sanchar Nigam Ltd has signed an agreement with DishnetDSL to acquire the Internet businesses of the Sterling Infotech group company for Rs 270 crore. The acquisition would give VSNL access to the base of over 600 owned and franchised ...
Govt mulls law to broadcast events of national importance
THE clash between the national broadcaster, Prasar Bharati, and Ten Sports has set the Government thinking about a law pertaining to broadcast of events of national importance. The Information and Broadcasting Ministry is now looking at ...
Cell phones soon for train drivers to make travel safe
THE next time you travel by train, you may see your engine driver sporting a cellular handset that will certainly be swankier than yours. It could also make your ride safer. As part of their safety drive, the Railways are set to equip their ...
MFs allowed to invest in foreign securities
MUTUAL funds can now invest abroad, according to the Securities and Exchanges Board of India (SEBI) notification. SEBI has decided to permit each mutual fund to invest in foreign securities up to 10 per cent of their net assets as on January 31 ...
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