Summers excited about Indian IT firms
The United States Treasury Secretary Lawrence Summers dropped tie and jacket on Wednesday to take a first-hand look at India's most bustling economic sector, the fledgling information technology industry.
MFs now fuelling infotech share boom
If you think that ordinary investors and local punters are behind the latest boom in infotech stocks, that's wrong. Mutual funds, which are launching infotech funds at the drop of the hat, are driving up infotech stocks to crazy levels on the stock exchanges.
IT stocks take centre stage again
Share values finished higher on the BSE as leading software and media shares made a sharp upturn on speculative and institutional buying.