Tag Archive | government

Moily claims big ticket reforms coming soon

June 29, 2012 By V. Ganesh The Corporate Affairs Minister, Veerappa Moily, on Friday said that with the Prime Minister taking over the Finance portfolio, he expects passage of big ticket reforms soon. Speaking on the sidelines of an Assocham conference, he said that reforms such as FDI in retail will get priority of the […]

Election year blame game

July 10, 2012 By V. Ganesh India loves Bush. Sad but true. Aside from his insanely draconian, socially backwards, anti-Muslim and pro-violence ideals, they also love W because he enabled US corporations to fire thousands of his constituents in order to circumvent US tax regulations and buy their donkeys on the cheap. (By the way, […]

Nasscom dismisses politics as IT biz feels Uncle Sam’s wrath

June 29, 2012 By V. Ganesh According to Nasscom data, the Indian IT sector, which has grown to about $100 billion in revenues, has witnessed a slow down since Barack Obama became the U.S. president. For example, growth in FY08-09 was a mere 8.6% while in FY10-11 it was 15% and in FY11-12 it was […]

Huawei finds big opportunities in small enterprises

June 25, 2012 By V. Ganesh Huawei Enterprise expects to get about $120 million by 2015 from its new SME business arm. The enterprise-focused business arm of Chinese network equipment provider Huawei Telecommunications has rolled out a range of products such as video communications, telepresence equipment, video surveillance and gigabit switches and routers. The total […]

Bangalore babus ban midnight munching

June 25, 2012 By V. Ganesh With the IT sector suffering a somewhat extended slowdown, Bangalore tech workers encounter another unnecessary pang: Dinner curfew! Sounds insane but it’s true.  As if the pollution, neglected infrastructure and increasingly dangerous commutes weren’t enough to make life miserable, Bangaloreans are now prohibited from shopping, eating, drinking and availing […]

Elcina, Vittal Innovation to launch design cluster

June 23, 2012 By V. Ganesh Industry body Elcina has partnered with Vittal Innovation City (VIC) to launch India’s first Electronic Systems Design and Manufacturing cluster in Karnataka. This cluster will be established in Ananthpur district, which is 117 km from Bangalore’s airport. This cluster will cover over 100 acres, out of a total 300 […]

Germans keen on Karnataka

June 19, 2012 By V. Ganesh German companies would like to increase their investments in Karnataka. According to Dr. Ingo Karsten, Consul General of the Federal Republic of Germany, companies such as Siemens, Bosch, Bayer, Airbus, Metro and SAP are looking to invest in the State across various sectors including IT, manufacturing, aerospace, automotive components […]