In fact, while IT bellwether Infosys Technologies (his earlier employer) got a drubbing at the bourses for not posting "better than expected" results, iGate stumped investors a couple of days back by announcing it plans to buy back shares from the public and delist from the Indian stock markets, while remaining listed in the US.
Analysts expect that Bharti Airtel, Reliance Communications (RCom) and Idea Cellular will post over 50 per cent annual growth in revenues (year-on-year) and more than 10 per cent sequential growth (over the previous quarter). Bharti continues to lead in the subscriber addition race (2.1 million in August).
IBM's attempt to patent a technology that would help companies to figure out which jobs to send overseas getting a quiet burial. The company today confirmed that it has withdrawn its patent application for "outsourcing of services" which it had filed on July 12 this year.
It's for the first time that someone from the industry will hold the position of president at Nasscom.
The earnings of Indian IT companies in rupee terms are dwindling with every upward movement of the currency. The domestic currency has risen by 11.6 per cent this year to touch a nine-year high on Wednesday.
Nortel Networks (India) is upgrading the communications at four Indian international airports, which should help make the staff more responsive to travellers.
Old economy companies such as Hero, M&M (Tech Mahindra), Aditya Birla, Essar, Hindujas and Larsen & Toubro have sprung into action with large acquisitions and major deals.
India ranks second in capital market inflows and fourth in merger and acquisition deals in Asia Pacific (including Japan), as deals worth $65.033 billion were reported in the first eight months of calendar 2007.
The US sub-prime lending crisis forced Mumbai-based WNS Holdings to revise its net income guidance by 60 per cent, and this is worrying the $8 billion business process outsourcing sector players and analysts.
IT-BPO firms offer end-to-end mortgage origination services and manage servicing activities.
Anuj, a resident of Second Life since November 2006, is angry. He recently bought a poker table for around 25,000 Linden dollars
Nortel President and CEO Mike Zafirovsky is scheduled to visit India shortly, his first since taking over in November 2005. In an email interview with Leslie D'Monte, he explained his company's strategy for India and more.
With organic growth slowing down due to the appreciating rupee and rising wages, Indian information technology companies have taken the acquisition route to add marketing muscle and win clients in Europe and the US.
The reports suggesting that the nearly $13.5 billion Internet giant Google is finally developing a 'GPhone' are growing stronger in the foreign media and cyberspace.
Making a name for themselves as they 'drive innovation' in giants like IBM, Microsoft.
Linux has over 300 variants, of which the offerings from Red Hat and Novell are the most popular because the firms provide support and maintenance -- the OS is free.
India is becoming an attractive solar market and firms such as Moser Baer and US-based Signet Solar are confident of the growth in this market.
Indian IT firms are learning to cope with the appreciating rupee, according to Pradeep Udhas, global head (sourcing advisory), KPMG.
Digital learning with personal computers will soon become a mass reality with Intel and HCL Infosystems planning to introduce the Intel-powered Classmate PC in India from August. Wipro and Zenith Computers will soon follow the suit.
India Inc's first quarter scorecard has been mixed so far. While net profit growth has shot up, the 154 companies that have declared their results have faltered on the turnover growth rate.
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