VSNL International Canada

corporations with over 2,000 service providers and enterprises in 240 countries. The $2.9 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company was formerly known as Videsh Sanchar Nigam Limited (VSNL). It was founded in 1986.

Build a “global-local” operating model in which “hard” components like business processes and performance metrics support the “soft” component of leadership and people—and manage the challenges that come with the model. Tata Communications’ fast international growth Tata

major business strategy employed by Indian MNCs to expand and capture the markets. The International acquisitions help Indian companies by: a. Providing proximity to global customers, and significant upside . b.Giving access to technology and intellectual property, which can be exploited at a larger scale. c.Allowing Indian companies to drive value from their cost competitiveness by acquiring international operations with higher cost structures. d.Streamlining supply chains and securing raw

communications (GSM: originally from Group Special Mobile) is the most popular standard for mobile phones in the world. GSM service is used by over 2 billion people across more than 212 countries and territories. The ubiquity of the GSM standard makes international roaming very common between mobile phone operators, enabling subscribers to use their phones in many parts of the world. From the point of view of the consumers, the key advantage of GSM systems has been higher digital voice quality and low cost

1. INTRODUCTION As an old adage goes, “When the US gets a Cold, the rest of the World gets Pneumonia”, in the globally open economy. One reason for this might be that Stock Market depends on the overall health of the Economy, and real Economic variables which tend to display persistence. Therefore, an interesting question in finance is: what derives stock market volatility? Understanding the nature of stock market volatility gives some important implications for policy makers, economic