[Fastboot] China threat to India's offshore supremacy waning: Forrester/Indian Business leaders work longest hours: Survey/NSE index hits record high

[si dailydose]

Title: SiliconIndia - NewsLetter

Daily Dose |   May 31 2007

>> TOP NEWS China threat to India's offshore supremacy waning: Forrester As language, attrition and intellectual property (IP) protection continue to haunt the multinationals, the myth associated with China as key challenger to India for offshore supremacy is diminishing gradually Indian Business leaders work longest hours: Survey Business leaders in India and Argentina work the longest hours, up to 57 hours a week, according to a new survey by London-based consulting firm Grant Thornton International. The survey involved 7,200 respondents in 32 countries NSE index hits record high Indian equities, boosted by firming Asian markets, staged a rally Thursday with National Stock Exchange (NSE) index Nifty closing at an all-time high of 4,295.80. >> TECHNOLOGY Thales opens global software centre in Chennai The international defence and civil security electronics technology supplier Thales group Thursday opened a $1.3 million software centre here, choosing the city for its global system development and export hub. Outsourcing jobs to India upsets Scottish firm's workers Workers of a Scottish financial company are upset after it announced plans to transfer staff to another company as part of a deal which will ultimately see work outsourced to India. >> BUSINESS Mukesh Ambani's economic zone plan remains stuck Twenty-three proposals for setting up special economic zones, including one for multi-product manufacturing from the Tatas, were formally approved by a high level panel that met here Thursday. Indian food major Patak's goes from £5 to 100 mn Patak's, an Indian food company set up by an Indian immigrant who came here in the 1950s with only £5 in his pocket, has been sold for over £100 million, signalling a landmark in Britain's ongoing love affair with palate-tingling Indian cuisine. >> OTHER NEWS Philips unveils initiatives to address power crisis Philips Electronics India unveiled its roadmap for addressing IndiaÂ’s power crisis through energy efficient lighting in India IISc global conference in Santa Clara IISc Alumni Association of North America (IISc AANA) is organizing Indian Institute of Science Global Conference on June 22 at Marriott Hotel, Santa Clara, California >> BLOGS Micro Entrepreneurship - Gunjan Sinha From early innovators like Thomas Edison (created General Electric) or Graham Bell (created AT&T), to modern day Vinod Khosla (creator of Sun Micro), Dhirubhai Ambani (creator of Reliance Industries), and the rest. Most of these entrepreneurs and the hundreds of thousand of others, who have adopted entrepreneurship, as their career, either by choice or circumstances, have shared few things in common. They have in many ways combined 7 Key elements to create value for themselves and the society MAGAZINE Cover Story 17 years since founding, Hexaware has focused on niche segments to beat competition. Network Spotlight FEATURED MENTOR Nehal Patel Program/Project Manager Engel Group Buy Books and CD's In The Wonderland Of Investment For NRIs Park your money in India and profit..Buy Now World Class in India Case studies of Indian companies that tackled head-on the challenges of a market in fluxBuy Now Pranayam Rahasya It is by the concentrated and coordinated, tireless and unending efforts of one s body...Buy Now

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