Indian armed forces have chalked out a stunning round of combat exercises with foreign forces over the coming several months to use “defence diplomacy” as a tool to bolster national security as well as promote strategic cooperation. Defence ministry officials say the 1.13-million Army alone has planned 14 to 18 exercises with countries ranging from…
Category: USA
Anyone wants free advice?
The self appointed leader of the Hindu community in the US, Rajan Zed is on an advising spree for the past few months. From advising Mischa Barton about sitar player gurujis to protesting about Playboy’s investments into India to rubbishing Vanity Fair on their list of best dressed celebrities to advising Claudia Ciesla to seriously…
End of the American Dream?
It might be too early to make such a declaration, but a lot of pointers indicate that such an unthinkable thing has already started. Has the Great American Dream that the Indian families so fondly cherished started to grind to a halt? Or is it just a temporary pause? Remember those days when the H1-B…
America is bankrupt : Jim Rogers
Another legendary investor, Jim Rogers has no more confidence in the US, its bailout of the banks, the US dollar. He’s gung ho about China and the Renminbi. So much that he now shifted with his family to South East Asia (Singapore). He believes the future of the world is in Asia, more importantly in…
Obama creates history
After a 8 year hiatus, the Democrats are back in power. Looking at the way with which the previous Democratic President, Bill Clinton left, its a no-brainer to see that the Republican government under George Bush has screwed up not only America, but the whole world itself. Its been a systematic destruction of ‘Brand America’…
Marc Faber’s comment on the US economy
The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico,…
Yahoo! Launches New Lab in Bangalore, India
Yahoo! Inc, a leading global Internet company, announced the expansion of its India R&D operations with the launch of Yahoo! Labs – Bangalore, its first in India. Dr. Rajeev Rastogi has been appointed as vice president and head of the new lab. Yahoo! Labs – Bangalore will be a center of excellence for next generation…
Acquisitions Galore
HCL acquires Capital Stream for $40M HCL Technologies Ltd. said on Wednesday it acquired Capital Stream Inc. for about $40 million in an all-cash deal. HCL, which has offices in Noida, India and Sunnyvale, said the acquisition is part of a structured M&A strategy “in selected industry verticals by using acquisition to either bridge gaps…
ISB – Hyderabad in FT’s Top 100 Global Business Schools
The Indian School of Business (ISB), Hyderabad is the 20th best Global Business School, according to a list compiled by the Financial Times, UK. In the process, it beat heavyweights like Nanyang Business School of Singapore(46), Carnegie Mellon(48), Leeds(48), Cornell(36) and Michigan State University(48). For the first time an Indian business school achieved a place…
The beginning of the end of Musharraf?
The love affair between the US and Musharraf seems to be finally coming to an end as the US finds a new lover in the new Army general of Pakistan Ashraf Kiyani. Latest news points to Kiyani allowing the US troops to put their foot on the Pakistani soil in the guise of training and…
Vikram Pandit is Citigroup CEO
Picture source: Rediff Indira Nooyi at Pepsico and now Vikram Pandit at Citigroup. Slowly but surely, Indians are climbing up the management ladder in some of the most fiercest job environment in the world. Earlier there were rumors of probable job cuts in Citigroup. Some estimates are at 10% of the workforce. Bad times for…
India Business Updates
India Inc’s M&A bill crosses $50 billion in 07 Merger and acquisitions are set to become one of the most important trends of 2007 for India Inc, with the total deal value crossing 50-billion dollar mark with one more month still to go. According to data compiled by international consultancy major Grant Thornton, India Inc…
Alternate Investments 