With the world rushing to India for outsourcing, Indian companies are seeking opportunities in other low-cost countries to cut down wages.
Category: India
“India has emerged the most popular destination for British patients wanting to undergo surgery for ailments that would otherwise take months to treat in the National Health Service (NHS).”
“Several websites based in India and Britain act as a single-window facility to arrange treatment for British nationals. Many of them return home, singing praises to the quality of treatment and post-operative care they received in India.”
“Ocean Tomo Auctions today announced it will offer for sale “the Jaipuria Patent”, U.S. Patent 7,047,202, and a pending continuation-in-part application, which are amongst the foremost patent filings related to the social networking industry. The Jaipuria Patent was filed in 2001 and claims priority to an earlier application filed in India in 2000 — before the growth of the social networking industry.” – Forbes (through Mashable)
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Ratan Tata: The Last Rajah
“If you put a gun to my head,” Tata declared, “you had better take the gun away or pull the trigger, because I’m not moving.”
A timeline of the conflicts, trends and transformations that helped shape modern India.
India and China may rule the world when bidding economic resources for information processing, however, its Central and Eastern Europe and Russia that are attracting attention from investors who look for creativity and innovation crucial for startups. – BusinessWeek
From an Indian perspective, there is a lot of raw talent and creativity out there. What needs to further develop is the environment that breeds this creativity and brings it out in the youth. Startups are being promoted in India no doubt, nevertheless, instilling such ideas at most schools and colleges (barring a few elite) is still almost non-existent. When this goes mainstream, there will be a boom in creative thinking from the Indian minds.
Walt Disney has reportedly signed a deal with India’s Yashraj Film Studios. The deal binds the two to make atleast one animated movie per year in which Bollywood actors would lend their voices to the feature. The deal signifies the impact Bollywood has on the entertainment industry worldwide and open great prospects for expansion and growth for both.
In another move, Indian film maker Sanjay-Leela Bhansali is producing India’s first Hollywood backed production this year in collaboration with Sony Pictures. UTV Motion Pictures also entered into strategic relationships with several international studios including 20th Century Fox, Walt Disney and Will Smith’s Overbrook.
Bollywood has become serious business!
Google VP joins Bill Gates and urges Washington to fix appalling US immigration system.
Google: Foreign workers are key to our success
Related post: Bill Gates on Innovation and Technical vitality
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Robot for India’s moon mission
“When India sends its proposed moon mission in 2011, it will have a unique robot developed indigenously by student-engineers and their professors at the Indian Institute of Technology (IIT) at Kanpur.” Source: /.
“It is of utmost importance to remember the time of this writing. It is 1938, Hitler is ruling Germany, and the clouds of a terrible conflict have begun to form. Gandhi’s article shows his incredible sense of right and wrong, his blind faith in his methodology, and his profound vision of things to come.” Via reddit.