Santander to Shift Its Call Centre Units from India to the UK

Santander to Shift Its Call Centre Units from India to the UKSantander, one of the largest banking groups, was determined to shift all the call centres from India to the UK, after receiving huge number of complaints, high real estate prices and an extreme hike in salaries.

Rise in the ADR’s Leads to Profiting Various Sectors of Indian Market

The India’s American Depository Receipts (ADR’s) ended at a profitable note on Thursday, resulting in gaining of profits by telecommunication companies, information technology and banking sector.

As per data, the MTNL shares were up by 1.08% at $ 2.04 and Tata Communications had increased by 3.59% at $ 9.82. In the IT sector, Patni Computers was down 0.65% at $15.26, while Infosys ended up 2.69% at $ 68.25 and Wipro ended up 2.92% at $13.73.

In the banking sector, ICICI Bank was up 2.3% at $ 49.31 and HDFC Bank was up 1.41% at $ 182.56. In other sectors, Tata Motors was up 2.95% at $ 24.05, Sterlite Industries was up 0.86% at $ 15.21 and Dr Reddys Labs was up 1.39% at $ 35.

India’s Stock Exchange Floats on Friday

India’s Stock Exchange Floats on FridayThe Bombay Stock Exchange was low by 40 points; developing selling pressure in the market that it may take back nifty at 5700 mark. The Bombay Stock Exchange performed brilliantly on the other sectoral indexes with an increase by 3%.

The metal, fuel and gas stocks were marked quiet low on the index, the stocks of auto and power were being purchased. Reliance, ICICI Bank, TCS, ITC and L&T were the companies which affected the market negatively at the exchange.

Ofcom might while space in FM radio airwaves for rural broadband

Ofcom might while space in FM radio airwaves for rural broadbandUK’s communication regulator, Ofcom is considering using FM Radio white space for providing broadband connectivity in rural areas, where the costs of laying cables or otherwise supplying bandwidth are much higher.

NASA prepares Atlantis for its final launch

NASA prepares Atlantis for its final launchAmerican space agency, NASA has prepared its space shuttle, Atlantis for its launch for a mission to the International Space Station (ISS).

Even as the space shuttle is ready for launch at the Kennedy Space Centre, the weather could delay the launch. The cloud, rain and thunderstorms forecast for the areas means that there are 70 per cent chances of the launch being postponed.

If the launch, set for around 1124 BST today is postponed, the agency will most likely reschedule for Saturday or Sunday. However, the launch might have to wait until July 16.

First Polar Bear was from Ireland, researchers

First Polar Bear was from Ireland, researchersAccording to a new study, the first polar bear lived in Ireland about 100,000 years ago and the animal was brown in color.

Scientists conducted a genetic study of the polar Bears and maternal ancestry of modern polar bears to a female brown bear that lived in the vicinity of Britain and Ireland before the peak of the last ice age.

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