Data warehouse software firm Kalido is setting up a competency center in the South Indian city of Bangalore to take up product development, verification and services. The Bangalore facility will complement existing operations in Burlington, Massachusetts and London. The Bangalore center, which will also support evolving product requirements and professional services needs of both regional and […]
Indian conglomerate Tata has acquired Ford’s ailing brands Jaguar and Land Rover for $2.3 billion. For years, Jaguar has been a millstone round Ford’s neck. We find it hard to accept that this is a smart business move from the Tata Group. For several years, Lexus, BMW and Mercedes have made mincemeat of Jaguar. Jaguar […]
DVD and CD manufacturer and distributor Thomson’s Technicolor Division plans to launch a DVD Compression & Authoring Operation in the South Indian city of Bangalore. Set to open in May 2008, the new DVD Compression & Authoring facility will be managed by Sumit Malik. The new DVD Compression & Authoring facility will focus on the […]
What an irony! When Indian IT companies like Tata Consultancy Services and Wipro are stepping up their investments in the U.S., VMware is going the other way. Virtualization software house VMware joined the hordes of U.S. corporations that are screwing American workers with its just-announced plans to boost research and development operations in India through […]
Karan Bhatia has been named a GE Officer, a prestigious position in the diversified multinational corporation. Worldwide, GE has just 197 GE Officers, who lead large revenue generating businesses or occupy critical functional roles. The 39-year-old Bhatia was named GE’s new VP and senior counsel, international government relations and policy recently. Before joining GE, Bhatia was […]
With the U.S. economy in complete meltdown, the party is over for Indian outsourcing firms like Tata Consultancy Services, Wipro, Infosys, Polaris, Satyam et al. Some Indian software firms like TCS have already reported delays in orders from their top clients. U.S. financial services firms that have taken a severe beating and borne the brunt […]