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'US can't interfere in India's domestic climate actions'
Dismissing the US claims that India"s domestic climate actions can be challenged, top environmentalist R K Pachauri today made it clear there was no power granted to America in the Copenhagen accord for such interference.

'Cos may face mass talent exodus as economy recovers'
The old problem of talent exodus may come to haunt companies once again when the economy recovers, if they do not take steps to attract top talent and retain employees now, a study says.

News of the day

American spy goof-up: China navy report posted on web
A mistake by a US Navy intelligence official has given the world an unexpected peek into the secret world of China’s navy. The US Office for Naval Intelligence (ONI) committed the blunder of posting, on an open website, the agency’s assessment of the state of the Chinese navy. Before the ONI could rectify this indiscretion by pulling off the report, it had been downloaded and posted on a publicly accessible website.
Business Opportunities

Infosys BPO partners US firm to provide mortgage solutions

Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, has forged an alliance with MortgageFlex Systems to provide offerings to the mortgage industry in the US . - Six in top-10 club add Rs 28,000 cr in market cap - Narayana Murthy mulls investment in green VC fund - Infy to use its internships to attract more global talent - Wipro, Infosys deals help Sensex stage a rally - Infosys to go slow on Bengal expansion plans, ICICI seeks land - F&O OUTLOOK: Support seen near 4,550-4,600 MortgageFlex Systems is an origination and servicing technology solutions supplier for the US mortgage industry. The Infosys-MortgageFlex partnership will offers a combination of loan modification services as defined under the Home Affordable Modification Programme (HAMP) or alternative loan modification programme. “The partnership with MortgageFlex allows us to provide a unique offering to the US market. The combination of process capabilities and technology will allow lenders to compete effectively given emerging market dynamics,” said Ritesh Idnani, Head Worldwide Sales and Marketing and IBU Head, BFSI, Infosys BPO. Infosys BPO has over 800 associates who work with the banking and mortgage clients in areas such as originations, servicing, secondary marketing, default management, collections and loan modifications.


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