Insurer Aviva to move 950 more jobs to India, Sri Lanka
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LONDON : British insurance giant Aviva announced plans to export 950 more jobs to India and Sri Lanka next year, with a total of 7,000 staff expected to be offshored by the end of 2007.
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Aviva, the company that owns Norwich Union, has announced that up to 7,000 jobs that service UK business will be offshored by 2007.
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LONDON Reuters, the news agency and financial-data company, said Thursday that it would triple its number of employees in India by the end of next year, as the company tries to meet stringent cost-cutting targets.
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NEW DELHI (DPA): Two Indian aircraft equipped as mobile hospitals left for Sri Lanka Friday to treat victims of Sunday&#39;s tidal waves.
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The British news giant continues to shift jobs to India.
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Royal &amp; Sun Alliance, Britain&#39;s second-largest insurance company, is planning to shift over 1,100 jobs to India as a part of its cost-cutting exercise.
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Aviva, the biggest insurer in Britain has delivered better-than-forecast pretax profits for the first half, spurred by strong sales growth and a solid performance at its vehicle breakdown service.
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Sri Lanka calls for more international aid for up to a million people displaced by Sunday's tsunami.
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Royal &amp; Sun Alliance (RSA) has become the latest company to move jobs to India. The insurance company has announced its plans to move 1,200 jobs to Bangalore during the next two years.
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LIVERPOOL was today braced for massive job losses after Royal &amp; Sun Alliance announced it was shifting 1,110 posts to India. A spokesman for the insurance firm said it was too
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Mahela Jayawardene&#39;s Sri Lanka will leapfrog from world number five to second behind Australia if they win the third and final Test against England starting here on Tuesday.
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LONDON: Britain&#39;s National Health Service (NHS) is expected to move around 400 jobs to India to save costs as part of a part-privatisation of its back-office accounting and purchasing division.
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Aviva, the insurer, said on Thursday new business sales for its core life and pensions units rose 21 per cent to &pound;22.9bn ($46bn) in the first nine months of the year, boosted by strong performance in its overseas markets.
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Aviva, the biggest insurer in Britain, says it plans to slash 4,000 jobs in the country, or 11 percent of its British workforce by 2008, and transfer 1,000 positions to India.
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Lloyds TSB Group Plc, the UK&#39;s No. 5 bank by assets, plans to move at least another 1,000 employees from Britain to Asia, where labor costs are lower.
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LONDON  - British insurer Royal &amp; SunAlliance said Monday it plans to transfer more than 1,100 jobs to India over the next few years in a bid to cut costs.
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Aviva, the biggest British insurer, said sales of its worldwide life and pensions rose by 7.0 percent to 1.84 billion pounds (2.64 billion euros, 3.37 billion dollars) in the nine months to September, as it looked to further expand operations in Asia.