Seeking to spoil fellow Indian software firm Infosys’ party, HCL Technologies has launched a rival – and higher – bid for UK SAP consultant Axon Group. HCL Technologies has bid 441 million pounds ($814 million) in cash for the deal. HCL’s bid comes in at 650 pence a share or 8.3% higher than
Two new Indian consulates are coming up in Atlanta and Seattle to address the growing Indian community in these cities. India’s Foreign Secretary Shivshankar Menon made the announcement about the two new consulates during Prime Minister Manmohan Singh’s current visit to the U.S. Indian Embassy in Washington DC Besides the Indian embassy in Washington DC, India’s […]
If you are an Indian or if you live in the U.S, you can’t but help be impacted by outsourcing. Yes, we are referring to that insidious process by which your American job is snatched from you and handed to an Indian or Chinese coolie so that some gluttonous corporation may appease the gods on […]
Boy, this is straight out of Ripley’s Believe it or Not. Fans of the heavy metal band Metallica are whining that the music is getting too loud! Today’s Wall Street Journal (subscription required) has an interesting front page piece on Metallica fans complaining that the music in the band’s latest album Death Magnetic is too loud. […]
We have read reports in Indian newspapers that the Tamil Nadu government is providing a subsidy to Tamil movies. According to a report in the Hindu newspaper (dt July 8, 2008), the Tamil Nadu government has earmarked Rs 4.9 crore as subsidy for quality Tamil movies with Tamil names. Venkat Prabhu’s recent movie Saroja is […]
Reliance Anil Dhirubhai Ambani Group chief Anil Ambani has sued his elder brother Mukesh Ambani and the New York Times newspaper in the Bombay High Court for defamation and is claiming Rs 10,000 crore (about $2.18 billion) in damages, according to Mumbai newspaper DNA. Here’s an excerpt from the DNA story: Anil has alleged that […]