Party Over for Indian Software Coolies With Indian IT majors like Infosys and Tata Consultancy Services openly expressing concern over project delays and the deteriorating economic situation in the U.S., the big question is not if but when the big desi software companies will start firing their software coolies. The economic malaise is now spreading […]
Did India take shortcuts to acquire sophisticated launching systems and missile delivery technology from the U.S.? We doubt this interesting question will ever be answered to our satisfaction, especially given the growing cooperation on defense and nuclear technology between India and the U.S. A federal grand jury in Washington DC on Tuesday indicted Indian national
A new report by the World Bank and International Finance Corporation places India at a shameful No-122 in the ease of doing business. India ranks behind countries like Ethiopia, Pakistan, Bangladesh and Uganda in the 2009 ranking on the ease of doing business. India did slightly better (Rank: No-120) in the 2008 Doing Business study. […]
Indian conglomerate Tata has launched a content delivery network (CDN) less than two months after Anil Ambani’s Reliance ADAG announced its CDN plans. Tata Communications has debuted a global content delivery network service powered by U.S. company BitGravity. A content delivery network enables businesses to offer end users on the
Less than 10 days after Indian IT services provider Infosys said it’s acquiring UK SAP consulting firm Axon Group for $753.1 million, its crosstown Bangalore rival Wipro says it’s on the prowl for acquisitions. This is what a senior Wipro executive told the Wall Street Journal (subscription required): Girish Paranjpe, Wipro’s joint chief executive, said that […]
Software radio infrastructure products vendor Vanu has raised $32 million in a new round for expanding its Indian operations. Norwest Venture Partners led the latest round of funding, which included participation from previous investor Tata Capital and Charles River Ventures. Vanu plans to use the money to support business development, marketing