The Sensex gained 446.8 points or 4.5 percent touching a new high for 2009 on Thursday, April 02. Investors were buying stocks encouraged by global markets gaining strength.

The Nifty index closed at a six-month high of 3,211.05 on the same day.

Small and medium enterprises in various sectors are moving towards a new model of information technology to gain a competitive edge in the market.

Deploying software-as-a-service (SaaS), software hosted over the Internet and leased out as a subscription, avoids the upfront costs of on-premise software and server infrastructure needed to host the solutions. Minimizing operational and capital expenditure, SaaS gives business owners the flexibility to scale up the business while scaling down the investment.