In 2000, when Internet companies across the world were shutting shop, this start-up refused to join the crowd and continued with its operations despite the losses -- a move that defied conventional business logic at that time.
Pirates won't have it easy any more as the organised market gets savvy.
The Human Resources Ministry is seriously attempting to manufacture laptops at almost half the price of the cheapest mobile -$10 or just Rs 420.
Initial fears of Internet access charges rising by 6-12 per cent following the Telecom Regulatory Authority of India recommendations to impose an annual licence fee for Internet Service Providers appear to be unfounded.
The domestic market for business process outsourcing - which is growing at a compound annual growth rate of 50 per cent - is catching the attention of BPO companies that have traditionally catered to the international market.
The total revenues and net profit of the top six Indian telecom players, Bharti Airtel, Reliance Communications, BSNL, Hutchison Essar, MTNL and Idea Cellular, more than doubled during the last two years.
A start-up by three friends with Angel investment of Rs 1.5 crore, NautankiTV has close to 40 per cent of its users from the US and UK.
The domestic business intelligence sector is fast outgrowing its infancy, thanks to an increase in mergers and acquisitions.
Indian IT firms have piled up net cash in excess of Rs 20,000 crore
However, projections made over the last few years indicate a compound annual growth rate (CAGR) of 80-90 per cent. Research firm TPI believes this is "not easily achievable".
Wipro, Satyam join TCS, Infosys in beating rupee blues.
Paris-based IT major Capgemini is scouting for three more acquisitions amounting to over $1 billion (around Rs 4,300 crore or Rs 43 billion). It is looking at the business process outsourcing (BPO), product engineering and local consulting space.
The salaries of hardware engineers in the Indian information technology industry have nearly doubled over the last two years and yet the exodus to software continues, according to an Elixir Web Solutions survey.
Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.
Both Indian and MNC IT majors are hiring big time, expressing their confidence in the Indian economy and outsourcing/offshoring growth story.
The turnover of commodity and stocks futures grew at a scorching pace in 2006-07, accounting for 80 per cent of the total turnover of the cash and futures markets.
The US slowdown, service tax on leased and rented premises and imposition of minimum alternate tax are expected to take a toll on the revenue and earnings growth rates of all frontline IT companies in 2007-08.
The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.
Motorola, the world's second largest mobile manufacturer in the world, plans to continue to offer cheaper phones in the emerging markets even as there are reports that it may register losses in its first-quarter results and cut its sales forecast.
Curiously, it will not be far-fetched to state the contrary, that the global stock exchanges follow the Indian markets' cue
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