The Financial Times reports that the French services company Cap Gemini now has 21,000 employees in India compared to 20,000 in its home country of France. Hiring in India is not new to multinationals. Siemens, General Electric, Hyundai, Samsung, Haier, Unilever, Citi group, Hewlett Packard, and many more companies have been hiring thousands of employees [...]
Posted on November 2nd, 2009 by Gunjan
The Wall Street Journal reported on Oct 27th that Tata Motors profits doubled in Q3, as as raw-materials costs fell and sales increased in India. This followed a report ten days earlier that India’s largest software services exporter TCS posted an unexpectedly robust 29% rise in its profits and margin conscious Infosys, recorded a 7.5 [...]
Posted on November 1st, 2009 by Gunjan
The trajectory of innovation in countries such as India is taking a different path from the Industrial Revolution in the West. Communications technology such as television and cell phones have leaped across to India. Bottom-of-the-pyramid thinking had created huge markets based on $20 cell phones and $0.02 sachets of shampoo. But microfinance and technology are [...]
Posted on November 1st, 2009 by Gunjan
