Bengaluru may not remain India's 'Silicon Valley' for too long owing to its crumbling infrastructure and associated woes, says an Assocham study.
The new initiatives for this year include the formation of TiE Angels- a group of accredited TiE Charter Member investors with the goal of supporting top tier emerging companies with early stage investment and support.
Sheeroy Desai, CEO of PAC, was in India recently. In an interview to rediff.com, he made some interesting observations on the recent recession and its impending recovery.
Two Silicon Valley firms - Nanostellar and Meraki - have been selected by the Geneva-based World Economic Forum as Technology Pioneers 2008. Both companies are headed by Indo-Americans - Nanostellar by Pankaj Dhingra, president and chief executive officer, and Meraki Inc by Sanjit Biswas, co-founder and chief executive officer.
For Kharagpur IITian Amitava Bhattacharya, entrepreneurship was an irresistible dream that he thought of chasing hard.
The Silicon Valley people, who knew former McKinsey chief Rajat Gupta, reacting to the two-year jail term imposed on him for insider trading, said what happened is a tragedy, horrible and sad, but also feels Gupta will be back.
TechNet executives are meeting with senior Obama Administration officials and an array of bipartisan Congressional leaders to advocate for a robust innovation policy agenda.
Kirani, is passionate about working with start-ups when they are at the ideation stage.
Though Bengaluru has been ranked as India's best city, it has been placed at 141st position worldwide.
Five years after the largely attended rally in Washington, DC, tech people associated with 'Immigration Voice' are scheduled to gather in the heart of Silicon Valley on September 8 to voice their concerns.
US-based retailer Walmart is setting up a research centre in India to develop technologies and solutions for its global e-commerce business.
Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.
Apple's late co-founder Steve Jobs, who is described by his biographer as being "brittle and very mean to people," had high regards for Facebook CEO Mark Zuckerberg and admired his Silicon valley counterpart for "not selling out."
San Francisco Bay Area's investor community hopeful that Prime Minister Narendra Modi's Silicon Valley visit will lead to policy changes.
Promila Awasthi, an India-born American citizen, alleged her former bosses mocked her for observing American holidays like Thanksgiving and Christmas
India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India's financial system than Silicon Valley Bank (SVB), it has very limited operations, according to a report by Jefferies India. The Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months.
A coalition of over 150 US-based academicians back Prime Minister Narendra Modi's visit to Silicon Valley next week and counter refute 130 US-based South Asian academics who oppose the Modi visit and his Digital India initiative.
Four Indian-Americans, including Sun Microsystems co-founder Vinod Khosla, are among Forbes 400 Richest People in America, a list topped by Microsoft founder Bill Gates.
Founded in 2004, by Mark Zuckerberg, 28, the technology company, announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.
The digital revolution in education is coming at a most opportune time for India. Leadership in this is something India could seize, if only it had the vision, feels Rajeev Srinivasan.
Silicon Valley technocrats, Standord students pay rich tribute to the humble, soft-spoken Rajeev Motwani.
The US Justice Department has initiated a probe into the hiring behaviour of some of the largest American technology companies, including Google, Apple and Yahoo, says a media report.
This will help the premier institute compete with top global universities.
Russian President Dmitry Medvedev will begin his two-day visit to the United States on Wednesday with a tour of Silicon Valley, as Moscow seeks to build a similar centre for an innovative modernisation of its economy.
Singapore's emphasis on science education and a highly talented workforce puts it well ahead of the U.S. in a new global ranking of innovation leaders.
Venture capitalist and Silicon Valley tycoon, Kanwal Rekhi, on Saturday said that recession is the best time to be an investor and an entrepreneur.
The Toyota Minor League Cricket Championship is a national Twenty20 cricket competition for 27 city-based teams from across the United States, launched this summer. More than 200 games will take place at 26 venues, featuring more than 400 players.
Some Silicon Valley execs forecast a turnaround as early as second quarter 2009.
Two US school students accused of hacking into their institution's computer for stealing test papers and changing grades, will appear in a Silicon Valley court on Tuesday. Eighteen-year-olds Omar Khan and Tanvir Singh, students at Tesoro High School in southern California who were charged last month, are jointly facing 73 felony counts for altering public records, computer access and fraud, burglary, identity theft and conspiracy.
Meet Apoorva Kothari, who decided to let go of his cushy job in the Silicon Valley and has now started up an eco-friendly and fair-trade t-shirt company in India.
InvestmentYogi attended a talk in Silicon Valley, California, by the bestselling author, Ramit Sethi, who recently wrote I Will Teach You to be Rich. Here are his mantras to become rich.
With 19 million Facebook friends, US President Barack Obama is amongst the most followed people on the social media web site.
The four defendants allegedly used three California corporations to orchestrate the improper submission of more than one hundred H-1B visa applications.
At one time, the West's muktinationals ruled supreme. Now, the shining stars of India's Silicon Valley are shaking up the global IT business. A number of books have been written on the subject of late. Among them, Bangalore Tiger, which exposes the key principles of the IT giant Wipro's transnational business model, deserves special mention.
Looking at the forthcoming year, while there will be macroeconomic challenges, industry in India is better off because we are still growing. If we manage the next 12-18 months, we should emerge stronger, says S Gopalakrishnan.
The smartphone maker debuts its new operating system, code-named Nova, at January's CES. Palm says its phones for it will bridge the BlackBerry-iPhone gap.
The IB says since the terrorists planned to kill as many people as possible and die in the attacks, the ID cards were cleverly designed to throw the security forces on the wrong track
Maryland Governor Robert L Ehrlich Jr is upbeat about India-US relations.
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