Wipro chief among world's richest tech titans India's leading IT company and third largest software exporter, Wipro Technologies's chairman, Azim Premji, features in the Forbes list of the world's richest tech titans. 28 Aug 2006
52.
Infosys kicks off 25th anniversary celebrations, announces Rs. 126 crore cash bonanza India's leading IT company, Infosys, which according to Finance Minister P. Chidambaram, is a "great enterprise leading by example," has kicked off its 25th anniversary celebrations in a grand scale, announcing a Rs. 126 crore cash bonanza for its 58000 employees worldwide. 21 Aug 2006
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TCS partners with Chinese cos., Microsoft to set up China's first industrial scale software company India's largest IT company, Tata Consultancy Services Ltd. (TCS) will be expanding its operations in China by taking initially a 72.22 percent stake in a joint venture (JV) with three Chinese companies - Beijing Zhongguancun Software Park Development Co., Uniware Co. and Tianjin Huayuan Software Area Construction & Development Co. – and will have Microsoft as its strategic partner which will take 10 percent stake in a couple of months. 06 Aug 2006
54.
India Inc. to introduce 'caste-based' reservations in private sector India Inc. is trying to carve out a "win" in its battle against the Indian Government's proposal to introduce 'caste-based' reservations in the private sector by pre-empting such a move and taking "affirmative action" themselves to "voluntarily" introduce a "code of conduct" that would ensure a degree of social diversity in private sector employment. 22 Jul 2006
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Mumbai bombing not to erode investors' confidence The bombings that rocked India's financial hub, Mumbai, are unlikely to slow India's fast growing economy or harm investor confidence, business leaders insisted, saying the world has learned to live with the risk of terrorism. 15 Jul 2006
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Mumbai bomb attacks fail to prevent Sensex surge Series of bomb blasts in Mumbai, Tuesday late evening, have claimed up to 200 lives but failed to prevent the benchmark sensitivity index of the Bombay Stock Exchange (BSE) - the 30-share Sensex – from surging by nearly three percent, calming fears that investor confidence in India's rising economy had been undermined by the blasts. 13 Jul 2006
Sensex gains 447 points in Friday's trade The announcement by the U.S. Federal Bank to hike interest rate marginally by 0.25 percent helped stock markets worldwide to rally and surge with the benchmark 30-share Bombay Stock Exchange (BSE) index, Sensex, being on different. 30 Jun 2006
59.
Infosys chief to step down from August 30 Infosys chaiman, chief mentor and founder, N.R. Narayana Murthy, has announced his plans of stepping down as Infosys boss from August 30, the day he turns 60. 28 Jun 2006
60.
Sensex rallies to cross 10K in record time After a three-day slide had pushed the securities market to a six-month low in the previous sessions plunging the benchmark 30-share Bombay Stock Exchange (BSE) index, Sensex below 9000 mark, the Sensex rallied strongly on Thursday and Friday to clock its biggest gain in record time as it vaulted over 1000 points, led by blue-chip stocks on mostly firmer Asian bourses. 17 Jun 2006
