Yesterday's US national TV program the Nightly Business Report had a news program about Indian companies buying companies abroad. The reporter claimed that in 2005, Indian companies spent 100 billion dollars buying foreign companies. These were mainly - IT companies, consumer products and hotel chains. The reporter also claimed that there is about the 150 billion dollar surplus with the Bank of India.
Today's NBR claimed that IBM announced that it plans to spend 6 billion dollars in India. This will add to the 43,000 people that the company already employs in India. Kind Regards, GL _____________________________________________ Do not post admin requests to the list. Goanet mailing list (Goanet@goanet.org)
