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TCS opens global delivery centre in Argentina
Tata Consultancy Services, a leading IT services, business solutions and outsourcing firm, announced the opening of a new Global Delivery Centre in Buenos Aires, Argentina - the first company to officially inaugurate its facilities in the new Technology District of the city of Buenos Aires.

India Inc to post double digit growth in profit in Q3
India Inc is likely to post 15-20 per cent growth in net profit in the third quarter, thanks to a low base year and a promising show from automobiles, capital goods, construction, metals, pharmaceuticals and sugar companies. The telecom sector, for the first time after several quarters of strong performance, is expected to show decline in net profit on the back of decline in revenue per phone.

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CBI team back from Mauritius

Meanwhile, a second chargesheet in the multi-crore Satyam scam will be filed soon, as the CBI team probing the case has returned from Mauritius with some bank details from the island nation. - This number does not exist - CBI likely to seek govt nod for Sibal probe - Satyam scam: CBI team back from Mauritius, 2nd chargesheet soon - CBI seeks govt nod for full probe on Sibal - Raja-telcos meet tomorrow; CBI probe, 3G may figure - SFIO asked to stop Satyam probe to avoid duplication The CBI team had gone to probe the alleged diversion of funds by disgraced Satyam founder B Ramalinga Raju to the country for further re-routing back in India to the fictitious companies set up by the accused, official sources said. Funds were re-routed back to India via European countries as "investments" in nearly 300 alleged fictitious companies floated in the name of his relatives, they said. The CBI found that Raju diverted big amounts to Mauritius from where the money was brought back to India.


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