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May 1
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When I read the entry 'Non English Posts make up over Two Thirds of Total Blog Posting' at ProBlogger of Darren Rowse, the first thing that came to my mind is that why there were not many blogs in South Asian languages. Bangla (Bengali) and Hindi are among the top 10 languages in the world in terms of number of speakers. These days, Indian companies, Indian professionals and Indian students are creating havoc in the outsourcing world. Still, in the blogging world, South Asian languages are hardly visible. I am providing here some common reasons about this poor condition:
1. Use of Internet is still very limited among the common people in South Asian countries.
2. Operating systems and browsers do not have support Hindi and Bangla 100% yet and this problem will be solved after the release of Windows Vista (especially for Bangla).
3. PC users in South Asia do most of the works in English language and many of them do not have good speed or skill in typing their own language in their PC.
4. Most serious bloggers from South Asian countries are good in English language and for getting a wider audience they blog in English.
5. Google Adsense does not support any of the South Asian languages and that is why those who want to earn money by blogging blog in English.
Do you think that I have covered all the major reasons?
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Apr30
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After the regional elections finish in the 5 states after 2 weeks, the government will have to seriously think of increasing the price of oil in the Indian market. That will be a real tough challenge for the Indian government.
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In the World Cup Cricket 2011, 51 matches will take place and India will host 22 matches, while Pakistan, Sri Lanka and Bangladesh will host 14, 9 and 6 matches respectively. Australia and New Zealand have been awarded the 2015 tournament and England is going to host in 2019.
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Apr29
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3 weeks ago, ADB predicted that Indian economy will grow at 7.6% this year and now ADB is saying that if the price of oil in the international market continues to remain high than it will change its forecast about the Indian economy.
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Apr28
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India's economic growth, forecasted at 8 percent GDP in 2006, continues to support the retail industry. The estimated $350 billion retail market is expected to grow 13 percent and the top five retailers account for less than 2 percent of the modern retail market.
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Apr27
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ATI Technologies is going to invest $50 million in for its R$D activities in the next 5 years.
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Apr26
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This decision will encourage many international companies to set up research centers in India. Germany and India are jointly going to set up a Science research center.
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Right now, Yahoo offers this service in USA, Canada, UK and Australia. So, this shows that Yahoo is giving the Indian market a lot of importance and this is a wise decision of Yahoo bosses.
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Uzbek President Islam Karimov will be delighted to have the world's largest democracy as his friend. Thus it is a win-win situation for both the countries.
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Apr25
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KfW Bankengruppe works in Germany, Europe and other parts of the world including India. It has now announced that it is going to invest 3 billion euro in the next three years in India. Right now, its investment in India is just 30 million euros in two nfrastructure funds.
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If this kind of report was published 10 years ago by World Bank then politicians and the media on both side of the border would start a blame game but now most probably they will take it as mere financial figure and focus on the financial aspect instead of trading blames.
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Apr24
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The demand for bandwidth is always on the rise and now we have news that Videsh Sanchar Nigam Ltd. (VSNL) is planning an India-Europe undersea cable project which will directly link India and Europe. The distance is nearly 10,000 Kilometer and the investment of the project will be $300 million.
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Asian Development Bank (ADB) may double the amount of money that it gives to India as loan and in the next three years India may receive $ $7.3 billion as loan from ADB. Indian Finance Minister P Chidambaram has informed this matter today.
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20% of output in Indian economy is added y farming activities but it is the largest source of livelihood for Indian people in rural areas.
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Apr23
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India is shining now but the shine is visible only in some cities and except the top 5-10 cities people in the rest of the country are struggling to have a decent life. The people belonging to the lower caste in Indian social stratum are also being marginalized day by day and this is indeed the recipe for social instability.
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South Asia is very diverse- much more diversified than China. Think of India, there is language that is spoken by more than 50% of the population. So, if you want to diversify your company name which language to select?
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There is very strong demand among the Pakistanis about Indian movies and sooner or later Indian and Pakistani leaders will realize the fact that in this age of free market economy you cannot shut down any culture if it has popular demand.
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One interesting fact about India is that 17% of the total cars in the country run in the capital city Delhi. The urban poor living in the slums in the cities suffer most from the growing pollution.
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Many foreign companies are outsourcing their jobs to India and it seems that the investment is heading more in the service sector than in manufacturing. So, Manmohan Singh and his Commerce and Industry Minister Kamal Nath should be delighted to see that companies like BMW, Bosch and Mann are going to invest or extend their activities in India.
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Apr21
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Now DHL has come forward to address this issue and it has tied up with Transmile to deliver consignments from South Indian cities like Bangalore and Chennai to any part of USA in just two days.
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Apr20
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Norwest Venture Partners (NVP), a leading global venture capital firm, has now $650 million to invest in the global information technology sector. Well, you cannot find a better place to invest than India in IT companies
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Armani has 25 outlets in China and 55 in Japan- so why not India? After all, India has the third largest economy in tAsia. Armani has now announced its intention to enter in the Indian market by opening 4 outlets in Delhi and Mumbai by mid 2007.
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Apr19
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In the fiscal year 2005-06 (ended on 31 March 2006) foreign direct investment (FDI) in India reached to $7.5b. In the previous fiscal year this figure was $5.3bn and thus more than 40% increase has taken place in just one year.
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A survey on Indian rural areas done by world famous McKinsey has found out that by 2020 rural India will become a market worth $500-600 billion.
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Sarthak Behuria, CMD of IOC has called on the government to increase the selling price of oil in the Indian market. He has stated that if IOC continues to suffer loss this way then in the current fiscal year the company may lose Rs 30,000 crore (nearly $6.65 billion).
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The major concern for Wipro right now is not competition from other companies but its high attrition rate. It has one of the highest attrition rates among Indian IT heavyweights.
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Standard & Poor's (S&P) has raised the outlook rating for India from 'stable' to 'positive'.
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Apr18
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I just feel that the plight of the South Asian poor farmers is very tragic. They are losing their chickens in thousands without receiving any compensation. Suffering huge losses, several farmers in India have committed suicide and if the situation becomes worse then most probably we will see more deaths from India and other South Asian countries. I just wish that these lives can be saved.
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The company has announced its financial results for the last fiscal year (ended on March 31, 2006). The company has informed the media that it expects 12%-15% increase in the sale of two wheelers in the current fiscal year (ending on 31 March 2007).
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With his experience in Wall Street Journal behind him, Raju Narisetti will surely be able to do something for business journalism in India. At least, I am hopeful about it. What about you?
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Dubai may have 400,000 leisure tourists from India this year, I touched the nature of development of Indian economy. Officials of Dubai's Department of Tourism and Marketing (DTCM) are now in India to arrange a four day long road show to attract Indian visitors.
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Apr17
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It is expected that in 2006 the bilateral trade will reach to $20 billion and Saroj Kumar Poddar, chairman of the Federation of Indian Chambers of Commerce and Industry is hopeful that this figure can reach to $100 billion within 6 years.
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Most people live in rural areas in the South Asian countries and raising poultry is a common thing for almost every family. So, if bird flu attacks South Asian countries in a large scale then it will take a disastrous turn because most people in the rural areas do not have access to even basic health facilities.
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TCS added more than 21,140 employees- a lot of jobs, isn't it? If you think that it is a lot then what you will say to hear that the target for this year is 30,500.
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Today belonged to Tata Consultancy Services Ltd. (TCS), one of the top Indian software exporters. The company has announced financial results for Q4 & FY, 2005-06 and in this it is found that quarterly profit for the fourth quarter has increased to 72.31%. The annual profit increased 41.16%.
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Apr16
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MoneyWise Property Consultants, a leading UK based company on financial planning, mortgage broking and investment property sourcing, has announced that it is taking the Indian market seriously and in the next one year it is going to spend £100,000 to set up offices in India.
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Apr15
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India is the fourth largest power in wind energy and among the Asian countries India is the first. Yes, India is ahead of all the Asian countries including China. According to a report, India has an overall capacity of 4,430 MW in wind energy.
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In 2005, DaimlerChrysler sold more than 2000 cars in the Indian market. This is perhaps nothing compared to the 1.46 million units sold globally but Indian market has huge prospect for growth because of the success in Information Technology and outsourcing, many people are getting rich in India every month.
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Pakistan imports more than 100 million KG of tea through the legal channel. Majority portion of tea is imported from Kenya. On the other hand, according to Pakistan Tea Association (PTA), 33 million KG of tea entered Pakistan illegally in FY 2005.
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Apr14
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It is normally thought that more than 60% cost is saved. Now, a study by TPI (a famous sourcing advisory firm), has stated that by outsourcing a company actually can save 15% on an average
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N R Narayana Murthy is among the few pioneers who guided India to become an IT super power.
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Chairman and Chief Mentor of Infosys Technologies N R Narayana Murthy has talked about his vision in the media of turning Infosys into a multi-cultural organization.
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The company issued a press release yesterday in which it stated that it would investing $25 million over the next two years. Agilent will build a 10-acre campus near Manesar, Haryana which will be one of the largest research centers of the company.
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Infosys Technologies Ltd. is the second largest software exporting company in India and today it announced that in the last fiscal year (ending in 31 March 2006) the company's yearly revenue crossed $2 billion.
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Apr13
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Chevron Corp is world's fourth-largest oil company and it has strong presence in many parts of the world. Now, it is in pursuit of strengthening its position in India by buying 5% of Reliance Petroleum Ltd. It is an investment of $300 million and there is a provision that Chevron can increase its stake up to 29%.
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India is seeking new places from which it can get oil and gas easily. Of course, price is a factor but now getting energy on a regular basis is becoming a more important factor. Perhaps, India is now looking Uzbekistan as a possible source. Prime Minister of India Manmohan Singh will visit Uzbekistan on April 25.
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The leading aircraft manufacturer in the world Boeing is showing a strong interest about opening of a maintenance, repair and overhaul (MRO) in India. The investment made by Boeing will be nearly $100 millio and 3,000 jobs will be created here.
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Apr12
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The export earning for India from this sector in the last fiscal year (2005-2006) was $16.67 billion while in the previous fiscal year (2004-2005) it was $15.68 billion. Bakul Mehta, chairman of GJEPC has blamed slowdown in the US market behind it.
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The committee members have agreed on principle to grant USA and South Korea observer status to this South Asian association. The committee members have also prepared a 4-point guideline to help China and Japan get observer status to the South Asian Association for Regional Cooperation (SAARC).
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In the fourth quarter of 2005 spending on Visa cards have increased 49%. Today, Visa Asia Pacific issued a press release in which it said, "India emerges as the fastest growing market for domestic Visa card spending with 49 percent year-on-year growth."
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Apr11
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The two new cities that will be covered by Air Arabia are and Kochi of Kerala and Jaipur. Thus from next month, Air Arabia will have weekly 26 flights into India.
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The state run oil firms suffered a net loss of 97 billion rupees in the first three quarters of the last fiscal year. State run oil firms have to sell oil at a discounted price to the people and this way their loss is only increasing every day.
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Indian Minister for Petroleum and Natural Gas Minister Murli Deora told the reporters today,"We hope that all 55 blocks will be snapped up. We expect over $7 billion investment within 24 months."
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Apr10
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in the last 5 years, "1,835 farmers have committed suicide in Andhra Pradesh, 5910 in Karnataka, 981 in
Maharashtra and 201 in Kerala" of India.
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Now, you can find 123 international and domestic call centers in Pakistan and another 30 are coming very soon. To train up the workforce, Pakistan needs experts in this field and who can boast better success and experience in this field than India?
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Apr 9
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We are still a long time away from the prospect of USA holding the world cup cricket. However, India is going to play some of its matches in USA in the coming years and that can help. I think that Pakistan and Bangladesh should also consider playing some of their home matches in USA.
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The workers of State Bank of India (SBI) had agreed to call off their weeklong strike. SBI is the largest commercial bank in India and an all our strike since 3 April has crippled not only the banks but many small businessmen too. The union leaders call the strike in demand of a substantial rise in pension and they have got almost what they wanted.
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Lakshmi Mittal is from India and he studied in St Xavier's College Calcutta but in the world economy, he is literally 'the man of steel'. Last year, in the lsit of billionaires in Forbes, he was in the third position. Lakshmi Mittal knows to strike when the iron is hot and in the website of his company, you can find a list of the acquisitions of other steel companies, he has made so far since 1989.
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"Wealth of 's richest Asians jumps by nearly half"- it was the headline of the report in the website of Times Online (UK
). Yes, the value of total wealth of the top 300 Asians have increased more than 40% in just one year.
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Apr 8
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I agree with Mr. Babu 100% that something needs to be done immediately to save the Indian poor farmers.
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BCCI has sold TV rights of at least 25 matched that will be played outside of to Zee Telefilms Ltd for a sum of $219 million. As a result, BCCI's total earning from selling of different properties has reached to $1.052 billion.
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India now
has 90.54 million. This is really a huge market. However, compared to a population of 1 billion this is really nothing. The Indian economy can now accommodate another 100 million mobile phone connections very easily.
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Apr 7
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7.6% is not bad but I am sure that most Indians would prefer a growth rate of 8% or higher. ADB report clearly states, "The annual average growth rate over 2006–2010 is unlikely to exceed 8–8.5%."
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Apr 6
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The explosive economic growth in India has played the leading role in the increase of mobile devices like handsets, tablet PCs, pocket PCs and PDAs. Microsoft, with its strong presence in India is preparing to tap into this market.
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85% of the Indian cars are sold through a financed package (the world average is 70%).
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Referring to the fact that 65% of Indian population earn less than a dollar a day, Mr. Murthy said that must learn to think beyond software outsourcing. Most of them are either illiterate or semi-literate and Indian success in software outsourcing has hardly any importance in their life. The only way out for them and for
is to focus on creating jobs in the manufacturing sector.
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Apr 5
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Pakistan needs sugar something which India has while India needs wheat something which Pakistan can supply. Thus, it is completely a win-win situation for the two countries.
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Many things have changed for Indian economy in the last 10-15 years. When India adopted free market economy nearly 15 years ago, it was like a backbencher in the world economy. Now India is coming to the forefront in the world economy and its future only looks to be bright. So, India needs a new Foreign Trade Policy.
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It seems that he has made a strong comeback with his plan to create a “
Nano
City ” in the Indian state of Haryana. He is now in serious discussion with the state government of Haryana and both of them are eager to build something similar to
Silicon Valley . It is expected that after the project is finished, it will attract $2 billion of investment and create many job opportunities.
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He said that India's 'total primary energy requirements, which are close to 360 million tons of oil equivalent per annum, are projected to go up to 1.6 billion tons of oil equivalent by 2030'. He also informed that demand for oil and gas in
, will increase at a rate of 4.3 per cent and 7.3 per cent respectively during 2005 to 2025.
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Apr 4
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Only a decade ago air-conditioner was considered to be a luxurious item for common mass in every South Asian country. The condition has dramatically changed now.
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India is by no means a rich country but large companies like LG, Philips, Ford and Nokia have started to make products keeping the Indian market in mind.
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China imported 68.5 million tones of iron ore from on spot basis in the last financial year. Now, is keen to have a long term deal with about iron ore. has similar deal with .
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Apr 3
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When it comes to Information Technology, Uttar Pradesh is a back bencher. Soon, this position can change as Microsoft is joining hands with the state government of Uttar Pradesh to develop ICT in the state.
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You may call it is a marketing strategy but to many people living in South Asia, Western Digital's (Western Digital Corp) announcement of 'WD Express' warranty replacement program is like a new era of customer service.
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Apr 2
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There are now approximately 75 million mobile phone subscribers in India and this number is increasing very rapidly in a country of 1 billion people. It is a win-win situation for everyone.
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Apr 1
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At last, Puma bosses realized that India is a very attractive market for the company. German sporting goods company, Puma has decided to open a chain of stores across India
and will introduce a range of products
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'Nearly 800 Americans are working or interning at information technology companies in India
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In its 'Indian city services attractiveness index', the company has found Chennai to be the most attractive destination in India for offshoring services.
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Mar31
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Barrie Osborne, his frined Michael Peyser and Indian animation film maker N Madhusudhanan are jointly going to start a digital studio called Vayu Digital in Chennai, India and are going to invest $20 million for this project.
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Asian-Oceanian Computing Industry Organization (ASOCIO) is the leading ICT organization in Asia-Pacific region. Actually, it is an association of ICT associations of the different Asian-Oceanian countries.
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The 8 countries have 5 different time table as far as fiscal year is concerned. This shows that they are still a long way of economic integration.
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The Board of Control for Cricket in , (BCCI) is the richest cricket governing body in the world. To become nearly $200 million richer in the next 5 years, BCCI has taken a unique initiative to play some of its international matches outside of home.
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Indian share markets today closed in a weaker note but that that did not spoil the good news- Indian main stock index have become 20% higher in the first quarter (January-March).
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Mar30
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The report of ESCAP has categorically stated, ' The information technology sector accounts for less than 1 per cent of GDP in India and employs fewer than 1 million people in a total labour force of 450 million, so the sector’s quantitative significance is limited.'
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ESCAP The annual Economic and Social Survey of Asia and Pacific 2006 globally. This is an important document for anyone who wants to do business or carry out research on
Asia and the Pacific.
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From India, Lufthansa now gets 21% of its Asia Pacific passenger business revenue. India has become the second largest market in Asia Pacific after Japan (37%).
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Mar29
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McAfee, Inc, one of the global leading companies in Intrusion Prevention and Security Risk Management, has announced its plan to invest $80 million in India in the next four years. It has also announced its plan to increase the number of workers in India from the current 600 to 1000 by 2008.
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Chip giant Intel has come forward with the “Jagruti” (awakening) initiative to make this dream a reality. Today Intel has announced the initiative to take computer and internet facilities to the rural . In the media this computer has been called as ' Ruggedised Personal Computer' because the PC can tolerate extreme heat, dust and humidity of rural .
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India is the fourth largest producer of eggs in the world. Drop in sale of poultry meat will put a serious pressure on mutton and fish.
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Visa, the international card company, is delighted with the fact that India has become the fastest growing market in Asia Pacific region in the last quarter of 2005. During this time the tourists who visited India spent $372 million with their Visa cards and it was a 25% increase compared to the same quarter of the earlier year.
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Mar28
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A possibility has been created in for increasing the number of H1B Visas to 1,15,000 from the current quota of 65,000.
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Since there is a huge shortage of skilled doctors in this field in India, the prospect for India in teleradiology can only be bright. India has a large number of doctors and the time difference between and
means that Indian doctors can delivery any emergency document overnight.
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Deutsche Bank's plan to move half of its sales and trading operation's back-office jobs by the end of 2007 to India did not come as shock to me because almost every month some famous companies the developed world are doing so.
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Mar27
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Do you know that IBM India has more people working than most Indian technology companies in India
? Yes, according to eweek.com IBM in India has now 38,000 workers working for the company.
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India is seeking two things from Pakistan:
1. Pakistan allows
transit to export Indian goods to the Middle and Central Asian countries.
2. Pakistan considers India as the Most Favored Nation, (MFN) in economic affairs.
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Mar26
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4 million Indians now live and work in Arab countries. Recently, King Abdullah of , Emit of Qatar and a number of high-ups from the Middle East region visited India.
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ADB president Haruhiko Kuroda thinks that the potential is there but Indian decision makers must be serious in fulfilling the two conditions.
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Mar25
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Nasscom leaders are worried that now a days Indian students are entering into science and engineering in large numbers and humanities subjects are losing students. Why are leaders of a technology association worried?
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More than 20 million Indians live outside of their homeland. Most of them can be found in North America, Europe, Africa, the Gulf, Southeast Asia and
Australasia . Yes, a staggering 20 million.
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