Tag Archive | investment
Invest in Bangalore? Buyer beware!
January 18, 2014 By V. Ganesh Bangalore is redefining the term “slumdog millionaire” with it’s exorbitant and artificially inflated housing costs combined with an unimaginably medival infrastructure. I can tell you about Mumbai, about how polluted, smelly, grimy, ugly, rude, overpriced, overcrowded, corrupt and increasingly unsafe it has become over the past three decades, but […]
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 […]
Multinationals tap start-ups
June 27, 2012 By V. Ganesh Multinational companies (MNCs) such as Microsoft, SAP and Qualcomm are looking to provide technology and go-to-market strategies instead of capital for start-ups. IBM on Wednesday announced its global entrepreneur and SmartCamp initiatives, which are entrepreneurial programmes for start-ups. Entrepreneur Programme As a part of IBM’s Global Entrepreneur Programme, […]
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 […]
MphasiS crashes on talks of rising debts
June 7, 2012 V. Ganesh Falling HP profits coupled with delay in UID project execution finally pummeled MphasiS stocks down to their lowest in six months. MphasiS stock crashed 13 % intra-day trading on Tuesday but recovered to close at Rs 345, down 5.39 %. Earlier in the day, the stocks fell following reports that […]
The Tinderbox Daily 