The Hindu Business Line : Monday, October 06, 2003

Angel funds look outside of IT
BPO still the hottest; in consolidation mode: Survey
As many as 10 companies closed rounds of $5 million or more in the quarter ended September, compared to just two companies in the April-June quarter. More

Another sexual harassment suit filed in California — Phaneesh says allegations are `garbage'
FORMER Infosys employee and director Mr Phaneesh Murthy has termed the latest sexual harassment suit against him as "baseless and complete garbage" with an intention to make money. A former employee of Infosys Technologies in the US, Ms ... More

Phaneesh, Infosys are `covered'
THE case of sexual harassment filed against Mr Phaneesh Murthy and Infosys was not likely to have a major impact on on the parties involved. In fact the onus for meeting the liabilities would be on the insurers, sources said. Normally ... More

Cut in inventory drives tractor scrips
GOOD rains and corrective measures undertaken by the tractor industry have resulted in agri-machinery stocks hitting the accelerator over the past few months. According to industry watchers, major agri-machinery stocks have raced ahead by ... More

FII, trade flows push up forex reserves $771 m
THE forex reserves have risen by $771 million to touch $89.327 billion up from $88.556 billion as on September 26. Despite the cap on NRE deposits, dollar inflows continue into the country unabated. "Most of the inflow is on account of FIIs ... More

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