Saturday, November 6, 1999
Nadar steps down as HCL Insys chairman
Shiv Nadar has stepped down as chairman of yet another group company, HCL Infosystems. Ajai Chowdhry, president and CEO, will take his place as chairman, the IT hardware and services company said in a statement on Friday.
RBI to seek more NPA details from banks
Banks and financial institutions will soon be asked to furnish details on changes in non-performing assets and variation in provisions on an ongoing basis and not merely at the year end.
UK eyes Indian IT skills, investments
Britain is shopping for software skills and investment from India. With Europe emerging as the second biggest market for software exports from India, UK is now positioning itself to act as a gateway to this lucrative market.
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