'What has changed is the desperation of Pakistan proxies and the separatists in their failure to foment violence and civilian casualties in Kashmir.'
The strategic buyout of Axon will increase Infosys' share in the high-growth SAP segment and consolidate its position in Europe.
Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.
When 'humiliated' Tata did 'favour' to Ford with JLR buyout!
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
'Ghost-like stands repel rather than attract audiences,' observes Ashis Ray.
NRI industrialist Lord Swraj Paul will undertake a fortnight-long visit to India beginning Friday to take stock of the fast growing operations of Caparo automobile plants and assess further investment prospects in the country.
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
A McKinsey study on the last slowdown of 2001-2002 showed the companies that emerged successfully from the downturn were those that used their cash, did lots of mergers and acquisitions, and stepped on the accelerator.
'No one realises that people with 90 days waiting period are shopping around which naturally increases the cost of hiring.'
BAE Systems, the world's third-largest defence company in terms of revenue, wants to set up shop in India, instead of opting for the conventional route of selling military equipment from the US or UK or produce defence systems along with a local partner for the armed forces. It seeks to develop technology to meet Indian needs and create an export base for India as its long-term goal. Also, this company will be run and managed by Indians.
With India's two leading IT outsourcing companies, Infosys and HCL Technologies, vying to acquire the UK-based consulting firm Axon, SAP implementation is back in focus.
Recruiters are now in search of candidates with soft skills alongside tech-based knowledge, says Ambrish Sinha.
The expansion into nuclear is part of the group's plan to invest as much as $ 50 billion by 2014 to expand its business in the world's second-most populous nation. The group has already concluded talks with overseas companies which can offer technological and related support to enter the business. "There will be a flood of American investments in the country once the deal is concluded," S P Hinduja said.
While India ranks 60, Switzerland, Sweden, the Netherlands, the US and UK retained their top spots as the most-innovative countries. China is at 22nd spot.
The Indian IT major spent a total of Rs 15 crore (Rs 150 million) towards the failed deal, but in the process received Rs 33 crore (Rs 330 million) from the UK firm, as inducement fees. Two of India's leading software services firm were in the race to acquire the London Stock Exchange-listed Axon, but last month HCL Technologies outbid Infosys and acquired the British firm.
The Olympics have come a long way since the first one in Athens where athletes alone mattered. Over a century later, technology too is helping athletes at the 2008 Beijing Olympics games to smash records.
Ten billionaires including Mukesh Ambani, Sunil Mittal are in the world's richest list.
'If the platform is public, then every Indian regardless of his ideology and commitment has got the right to convey his view'
The Congress claimed that Facebook has different rules for different countries and "that is not acceptable".
COAI has argued that in India the government has been working to keep telecom networks secure, with reviews of the security policy and the insertion of specific clauses into the licences to prevent any risk to network security.
The move will make it the first global automobile major to design a vehicle here
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
There were reports that Infosys had laid off 500 people in the aftermath of losing its multi-million pound deal with the Royal Bank of Scotland.
Reliance Industries is in talks with global energy majors, like British Gas of the UK, Chevron Corp of the US, Exxon and Shell for a possible stake sale in its Krishna-Godavari basin gas fields. RIL is looking for a strategic partner for its KG-D6 gas block to get deep sea exploration technology. The percentage of stake to be divested has not been firmed up & may depend on the value that the partner was bringing in. The block contains over 50trillion cubic feet of gas reserve
The deal will give Infosys higher-end consulting capabilities and enable it to grow in a non-linear fashion. It will also enable Infosys to acquire some global names as clients and improve the Indian major's footprints in Europe at a time when Indian firms need to reduce their dependence on the US market.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
It's not easy to be a spy. The job requires a unique set of skills, including mastery of a wide range of gadgets and devices. Now, at the new Spyscape museum in New York, one can not only experience what being a 007 spy entails, but also learn about the history of espionage.
The Indian high commission in London is making efforts to take the manuscript to India for display.
The new-age tech-savvy buyer is seeking new shopping experiences. They need to be engaged. Indian retailers are still playing catch up with these customers.
'Rolling out the vaccine is not a major challenge in India.'
Indian small and medium enterprises (SMEs) are set to go global with opportunities flowing in from all corners. After SMEs from Germany and the UK, the US has expressed willingness to invest and explore possibilities of technology transfer to Indian SMEs.
Infosys will be taking over the subsidiary along with all the costs in the similar manner that TCS had acquired the operations of the Pearl Group in the UK.
'Of the people here in Europe who have watched The Story of Film: A New Generation, the most talked-about clip is the one from Ram Leela.'
Bharatstudent.com, a social utility and network portal, will hire around 2,000 students as interns to report campus happenings
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
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