ONE of the leading providers of back office and other services to the financial and telecoms sectors could create at least 500 jobs here in the next few years.

Indian shares tumbled as trading opened today with the benchmark index plunging 310 points, or 3.2%, in the first 20 minutes.

Congress party leader Sonia Gandhi said today that more discussions were needed before she could form a new Indian government, and she came away from a meeting without the president naming her prime minister.