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Infy sets up domestic BPO operation
India’s second-largest IT services firm, Infosys Technologies, has set up a separate unit within its business process outsourcing arm (Infosys BPO) to concentrate solely on the domestic BPO market.

GM to buy Suzuki stake in Canada venture, ending ties
Suzuki agreed to sell its entire 50 per cent stake in the venture, Cami Automotive Inc, to the Detroit-based car maker.

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Sunsilk's new gambit
The premium brand banks on them to boost market share. Till a few months back, Hindustan Unilever was banking on renowned Indian hair stylists to co-create Sunsilk, its premium shampoo brand. The fast-moving consumer goods major has now set its sights higher and has just requisitioned the services of seven global hair experts to give consumers salon-quality products.
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New climate pact will be 'firmer' against defaulters: Pachauri

With many rich nations failing to meet Kyoto Protocol goals, top climate expert R K Pachauri today said a “stronger and firmer” regime envisaging punitive action against the defaulters awaits in a new climate treaty, whenever it is framed. - New pact must have Kyoto Protocol features: Pachauri - "Consultations, analysis in Accord has no weight" - Letters: Too much hot air">Letters: Too much hot air - Accord won"t "control" India: Ramesh - "Intl consultation on climate action won"t hit sovereignty" - "India"s concerns on non-binding emission cuts met at Summit" “Kyoto Protocol did not work as it does not have provisions for stringent measures against the defaulters”. “But there is clearly strong expression (among global community) for punitive measures of sort against those countries that don’t meet their commitments,” Pachauri said noting the rich nations were not serious in taking any legally binding commitments. “They (developed countries) just want to push the burden on the developing countries which have done pretty well to combat climate change, whether it was taking up CDM projects or submitting national communication on climate change to the UN...,” he told reporters.


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