Archive for the General Category

Web Based Yahoo Messenger!

Yahoo’s newest messenger can work directly from your web-browsers. No need to do messy downloads. Just visit http://webmessenger.yahoo.com/ and you’re ready to go!!

Manav | मानव गौड़

Financial Fallout of India’ Early WC Exit

ET is reporting that India Inc’s losses would tot up to over Rs 163-crore (Approx $ 40 Million) and this just on the Rs 350-400-crore advertising monies that they had committed with the official broadcaster, Sony Entertainment Television. Marketing and media plans are being furiously reworked to salvage big spends around the World Cup, and long faces abound across some of corporate India’s marquee names - Pepsi, LG, Reebok, Visa, Nokia, Videocon, Hero Honda, Hutch, Samsung et al. Reebok India, another big advertiser on SET for the World Cup, on the other hand has decided to totally shift its focus away from cricket, for now.

Full Story: http://economictimes.indiatimes.com/Early_exit_India_Inc_all_set_to_lose_Rs_163-crore/articleshow/1804294.cms

Manav | मानव गौड़

FDI from India to EU to Cross $25Billion

Not sure if this is a good thing or bad thing. Indian companies are moving up the value chain and doing value buyouts in Europe. I’m sure the investors are going gung-ho and funding large acquisitions like Tata-Corus deal. Sad part is that our country struggle to attract the same amount of FDI inflow for infrastructure, education, basic healthcare and other necessities for common man. Lot of this is related to the policy matter. It is lot easier to do business in Europe than in India L Our government has a lesson to learn.

Full Story: http://economictimes.indiatimes.com/EU_may_get_25_bn_FDI_from_India_in_2007/articleshow/1794938.cms

Manav | मानव गौड़

Where are Infosys, Wipro & other Big Guns?

TOI is reporting that IDEA Cellular has signed an outsourcing deal worth $600 Million with IBM Global services. A similar deal worth $800 Million was signed by Bharti about 3 years ago. Where are our local Indian outsourcing providers? Local Indian companies are outsourcing to American companies. They are not taking advantage of the opportunities in the local market. World is really getting flat and may full circle.

Link to full story: http://economictimes.indiatimes.com/IBM_deal_valued_up_to_800_mn_Idea/articleshow/1788376.cms

Manav | मानव गौड़

Minnows in World Cup

Ponting can think whatever he wishes but minnows in world cup is good for cricket. Forget practice matches, in group qualifiers Bangladesh defeated India by 5 wickets and Ireland defeated Pakistan by 3 wickets. I’m hopeful that we’ll see more upsets in this ICC Worldcup 2007. Go Minnows!!

Manav | मानव गौड़