Australia-based Westpac Banking Corporation said on Monday it would sign a cooperation agreement with Standard Chartered Bank in India on Wednesday (June 7).
Meanwhile, the country's apex body Finance Sector Union demanded the federal government to review all bank licensing arrangements to ensure back office jobs stay in Australia. The union's call follows a report that Westpac -- which on Thursday announced a 34.2 per cent jump profit for the six months to March 31 to $2.202 billion -- is expected to shift the work of up to 3,000 of its back-room staff to overseas locations such as India during the next three years.
Two outsourcers would be selected to perform a range of work and are set to benefit as Westpac spends hundreds of millions of dollars over the next couple of years to update core banking systems and integrate complex technology functions as part of the 12-billion-Australian-dollars acquisition of St George Bank, the newspaper said. Westpac refused to comment on the issue.
The seat will be put up for auction. After the game, Maxwell signed the seat so it can be auctioned off for charity.
Talking about the final game of the ODI series, New Zealand all-rounder James Neesham, who is back after recovering from a hamstring injury, said he expects the ball to do a bit at the Westpac Stadium, like it did in Hamilton where India were bowled out for 92 before suffering an eight-wicket loss.
The ICC's tie-breaker rule then helped England claim their maiden World Cup title with a superior boundary count.
The booming consumer finance space and the growing opportunities in corporate finance is forcing foreign banks to set shop in India.
A major investment company owned by Australia's leading bank Westpac is set to outsource over 70 jobs to India in a bid to improve customer service.
With Australia's oldest banks planning to outsource work, a union representing bank employees has said this may lead to the personal bank data of thousands of customers, including Prime Minister Johan Howard, moving to India.
India's most experienced ODI player was out of the last two games with a hamstring injury.
Australian bank Westpac has said it was contemplating moving 300 jobs to India and denied it was offshoring call centres to Bangalore.
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Grant Elliot's all-round performance eclipsed Shahid Afridi's 29-ball blitz to secure New Zealand a comfortable seven-wicket victory over Pakistan in the first One Day International in Wellington on Saturday.
Images from the fifth and final one-dayer between New Zealand and India at the Westpac stadium in Wellington on Friday.
With the series already lost, India will look to end the One-Day series against New Zealand on a positive note by winning the fifth and final match in Wellington on Friday.
The Trans-Tasman rivalry is set to resume at the VCA Stadium in Jamtha, Nagpur, when Australia take on New Zealand in the World Cup Group A encounter on Friday.
New Zealand ended an 11-match losing streak in emphatic fashion on Saturday, crushing Pakistan by nine wickets in their first One-Day International at Westpac Stadium.
Batting maestro Sachin Tendulkar and wicketkeeper-batsman Dinesh Karthik will play in Thursday's International Masters Game, the curtain-raiser to the Twenty20 International between India and New Zealand at Westpac Stadium in Wellington. The duo, who are not in India's Twenty20 squad, were drafted into the New Zealand and Australian Masters' teams respectively after discussions with the New Zealand Cricket Players Association (NZCPA).
Incessant showers stopped a galloping India in their tracks in the second cricket one-day international against New Zealand, resulting in the abandonment of the game at the Westpac stadium in Wellington on Friday.
Black Caps strike bowler Shane Bond has been ruled out of the Test series against Pakistan with an abdominal tear.
New Zealand captain Daniel Vettori won the toss and elected to field against India in the second and final Twenty20 International at the Westpac stadium in Wellington on Friday. India have made one change to their side, bringing in all-rounder Ravinder Jadeja in place of Rohit Sharma.
Uncapped batsman Martin Guptill was named on Thursday in New Zealand's 12-man squad for the final two one-day internationals against West Indies.
India's captain Mahendra Singh Dhoni became the fourth fastest batsman to complete 8,000 runs in one-day cricket during the fifth and final ODI against New Zealand in Wellington on Friday.
Sri Lanka fast bowler Suranga Lakmal was fined for firing two successive beamers at England's Jos Buttler, an action for which he showed "no remorse", the International Cricket Council said.
The Indian cricket team would play two Tests and five one-day internationals on their first tour of New Zealand in six years starting in March.
Leading Australian banks, including ANZ and St. George, are planning to send their back office jobs to India.
Australia's top winter football codes have resolved to play on with spectator bans for as long as they can reasonably do so, but the governing body of Super Rugby had little choice but to suspend the sprawling rugby union competition.
New Zealand batsman Ross Taylor is confident he will be back to full fitness by the start of the World T20 in India after making his comeback from injury by participating in a domestic competition in Wellington. Taylor scored an unbeaten 26 off 16 balls as he helped his side North Island close out a comfortable six-wicket T20 victory over the South Island at the Basin Reserve on Sunday. It was the former Black Caps skipper's first spell at the crease since he suffered a side strain five weeks earlier while batting against Pakistan in a one-dayer across town at Westpac Stadium. The 31-year-old right-hander didn't shy away from playing his cut and pull shots and hit three boundaries. "It was good to get through that, but I'm confident it will get a lot better come the next couple of weeks," Taylor told cricket.com.au. Taylor said he felt a bit stiff, but had been told that would ease over time.
Chris Jordan's all-around brilliance could not prevent New Zealand from securing a series-levelling 21-run victory over England in the second Twenty20 International of the five-match series on Sunday.
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The Kiwis will have greater concern over their lack of finishing after squandering two last over winning positions in two consecutive games, and the series along with.
New Zealand skipper Brendon McCullum smashed the fastest fifty in the history of the World Cup during the Group A match against England in Wellington.
Tendulkar said after the nets that his prospect of\n\nplaying in the fifth ODI was very bright, a view backed by physio Andrew Leipus.
More rain means the chances of play on day 2 are also dubious, considering the ground's inability to dry quickly.
"They rang [up] on Sunday and told me to make something that was as fast and bouncy as possible," groundsman Doug Strachan said.
"They rang [up] on Sunday and told me to make something that was as fast and bouncy as possible," groundsman Doug Strachan said.
New Zealand edged Australia 22-18 to win the Four Nations title in Wellington on Saturday in a stunning upset of rugby league's traditionally dominant world power.
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