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INDIA STILL NO. 1 DESTINATION FOR OUTSOURCING
India is still the world's favourite destination for offshore outsourcing, but attractive cost structures in the Philippines, Vietnam and Indonesia and the rapid growth of business in China are posing tough competition, according to a new study by Gartner.
LEAD STORIES
SENSEX REGAINS 20K LEVEL AFTER 5 WEEKS; UP 171 PTS
Sensex shot to 20,060.32 points, a level last seen on November 15, as companies announced expansion plans. Nifty closed up 53.60 points at 6,000.65.
JSW STEEL TO BUY ISPAT STAKE FOR RS 2,157 CR
JSW Steel entered into an agreement with Ispat Industries to purchase shares worth Rs 2,157 crore on a preferential basis at Rs 19.85 per share.
12TH PLAN GETS AMBITIOUS; TARGETS 10% GDP GROWTH
The process of formulating the 12th five-year Plan kicked off and the Plan panel may set the annual growth rate at 10%, up from 8.1% in the 11th Plan.
TOP STORIES
•Jet Airways tops in flyer inconvenience
•CBI grills Niira Radia over 2G scam
•Telecom minister Sibal meets Tata, Ambani, Mittal
•Centre issues alert for Mumbai, Ahmedabad
•Jalan defends report, says no case for bourses listing
•Lanco Infra bags Rs 4,100-cr order from Moser Baer
•Sistema Shyam raises Rs 2,714 cr via 17% stake sale
•Notice to chairman of Plantation Corp of Kerala
•Bajaj Hindusthan plans 1,980-MW power project in UP
•Montek for several debt funds to build infra sector
•Can't sack Kalmadi from CWG OC: Govt
•'Aadhaar' number a valid document to open bank a/c
•Commexes to end 2010 with record Rs 105 tn turnover
•India wastes 59 MT fruits and vegetables a year
•Onion prices will stabilise after 3 weeks: Pawar
•Shell says Essar makes credible bid for Stanlow
•Mahindra Satyam to consider relisting on NYSE
•EU clears News Corp's $12 bn BSkyB takeover
•Lack of toilets, hygiene cost India $54 bn annually
•Snowfall in Europe grounds Indians' holiday plans
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