“A thought which does not result in an action is nothing much, and an action which does not proceed from a thought is nothing at all” - Anonymous. Few notable thoughts that are worth sharing and spreading.
The World Turned Upside Down
Which is the more "American" company, Armonk-NY based IBM or Mumbai, India-based Tata Consultancy Services? When it comes to where their revenues are collected, the answer is clear. It's TCS. More than 50% of its revenues come from North American customers. Meanwhile, almost two-thirds of IBM's revenues come from outside North America.
Azim Premji To Launch $1 Billion Private Equity Fund
According to a report in The Economic Times, Premji is launching a private equity fund with a corpus of at least $1 billion. The fund christened - PremjiInvest - will be sector-agnostic. He has also appointed Sudip Banerjee, who was till recently president of the enterprise solutions business, as a director on the advisory board of PremjiInvest
'China and the US will envy India'
In the Globe and Mail, which is the most respected Canadian newspaper, columnist Marcus Gee said the genius of its business leaders will be India's 'knockout punch in the title bout 21st century business'. It said that though China was way ahead of India in exports, infrastructure development, foreign investment and energy consumption, India might surpass it in the long run because of its 'smart, ambitious, and forward-looking' business leaders. Thanks to their genius, it said, India, which was an 'economic washout' just two decades ago, now has more billionaires than Japan.
Energy efficiency: India tops emerging economies
India has emerged as the most energy efficient country among leading emerging nations including China, Brazil and South Africa. Studies show emerging economies could play pivotal roles in reducing the growing environmental anxieties worldwide. The findings are based on the fact that these economies have opportunity to voluntarily moderate their carbon emissions. The report has focused on seven countries -- India, China, Indonesia, South Africa, Kenya, Egypt and Brazil.