Notable Thoughts : India on the Rise

-

“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.

Comments

Post a Comment

Popular posts from this blog

Newsworthy News in Red October : Dow Jones & Tax Dodgers

-
Dow Jones Index crosses the symbolic 10000 figure. U.S. stocks rallied, sending the Dow Jones Industrial Average above 10,000 for the first time in a year, on better-than-estimated earnings at JPMorgan Chase & Co. and Intel Corp. Bank of America Corp., American Express Co. and JPMorgan more than doubled since the Dow slid to a 12-year low on March 9 as global financial firms began recovering from $1.6 trillion in writedowns and credit losses. International Business Machines Corp. and Hewlett-Packard Co. jumped at least 54 percent since March 9 on signs the nation was recovering from the worst recession in seven decades. Source: Bloomberg And, about 7500 International Tax dodgers file for IRS Amnesty to avoid jail Some 7,500 international tax dodgers have applied for an amnesty program that promises no jail time and reduced penalties for tax cheats who come forward, the Internal Revenue Service announced Wednesday. … The program is part of a larger eff...
Read more

USCIS Selects Final H1B Petitions by Random Selection - Almost a 50% chance for each Application

-
U.S. Citizenship and Immigration Services (USCIS) announced today that on April 12 it conducted the computer-generated random selection process to determine which H-1B petitions, subject to the congressionally mandated H-1B cap for fiscal year 2008 (FY 2008), would continue to final processing. USCIS completed this determination ahead of the preliminary schedule noted on April 3, when it announced it had received enough petitions to meet the cap for FY 2008. The 123,480 cap-subject petitions received on April 2 and 3 were labeled with unique numerical identifiers and selected randomly by computer. The chosen numerical identifiers were then transmitted to the appropriate service center for further processing. Source: USCIS Announcement Number 123,480 looks a lot better keeping in view initial estimates. A good 50% chance for each application to be selected.  Update: 3rd May 2007 Hello friends, I understand your anxiety. But don’t loose your hope and/or temper yet. Please wai...
Read more

H1B 2008:USCIS released Preliminary Numbers

-
USCIS today released the final count of number of unique pieces of mail received for H1B petitions. It received 133,000 unique pieces of mail containing H-1B petitions. I guess, each piece of mail will ' mostly ' contain more than one petition, as no company would send each petition in a seperate package and its most unlikely that a firm applies for just one petition. Probably by the end of next week, we might know the actual number of H1B petitions filed and how lucky one must be to get through the initial filter. Source: USCIS Releases Preliminary Number of FY 2008 H-1B Cap Filings  (26KB PDF) 04/05/2007 During Monday and Tuesday, USCIS received 133,000 unique pieces of mail containing H-1B petitions. This is lower that the original USCIS estimate of 150,000. USCIS based the initial estimate on amounts from manifests received along with the mail. USCIS reached the updated number following a physical count of the mail. Each piece of mail may contain more than one H-1B pe...
Read more