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| The government
may open up the cruise shipping sector for foreign
direct investment as part of its efforts to promote
tourism. It may also amend the Merchant Shipping Act
to simplify registration procedures for foreign cruise
companies. 
Our Say |
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| Legal outsourcing
to India seems to be fast catching up in the US, with
large number of attorneys increasingly relying on
lawyers, sitting thousands of miles away, in cities
like Bangalore, Delhi and Chennai, drafting legal
briefs and doing research for cases to be fought in
American courts.
Our Say |
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| In a move that
could benefit mid-sized BPOs, the Department of Telecom
has allowed firms, with more than 50 seats, to use
their infrastructure during the day, to service local
clients. So far, they were only allowed to handle
outsourcing for international clients during the night,
while the infrastructure would lie vacant during the
day.
Our Say |
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| Riding on the
huge realty demand, India is seeing an investment
boom in housing, commercial and retail projects.
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