India’s Independence Day 2008

August 15, 2008 by newmani

Indian tricolour fluttered in the backdrop, as Neelam Deo, the country’s consul general in New York rung the closing bell at the world’s largest stock exchange NASDAQ, which celebrated India’s 62nd Independence day on Friday.

This was the first time that a consul general has rung the closing bell at the stock market in a prestigious ceremony, which marks the recognition of a fast growing Indian economy.

Outside the exchange, the huge electronic board, which overlooks the historic Times Square and displays quotations during the day was also lighted in saffron, white and green colours, with the words “India Independence Day”.

With approximately 3,200 companies, NASDAQ lists more companies and has more trading volume per day than any other stock exchange in the world.

It lists six Indian companies with a combined market cap of almost USD 35 billion. These include Ex1Service, Rediff.Com, Sify Technologies, Syntel Inc, Cognizant Technology Solutions and Infosys Technologies.

Infosys and Cognizant are members of the NASDAQ 100 Index, which is one of the most prestigious and widely followed indices in the world.

Additionally, Indian Energy Exchange (IEX), India’s first power exchange for trading of electricity, regulated by Central Electricity Regulatory Commission (CERC), uses NASDAQ OMX and the FTIL as the primary contractors for the new exchange’s energy trading solution.

Source:http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=&id=04f7521a-7632-4abc-b034-1cb4033eb5f2&&Headline=NASDAQ+celebrates+India’s+62nd+I-Day&strParent=strParentID

Venkey’s Video Wall

July 14, 2008 by newmani

Top less lady

March 9, 2008 by newmani

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Top less LadyTop less Lady

Top less Lady

Top less Lady

Top less Lady

The glory of Hyderabad, AP, India

January 30, 2008 by newmani

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

The glory of Hyderabad, AP, India

India’s tennis express back on track

January 30, 2008 by newmani

India’s tennis express back on track

India’s tennis express back on track

MELBOURNE (Reuters) – Mahesh Bhupathi believes he and Leander Paes will have no trouble putting their off-the-court differences behind them at August’s Olympic Games and says they can win a medal for India.

The former world number one pair, nicknamed the Indian Express, won three grand slam titles together between 1999 and 2001 but have had a turbulent relationship for several years.

Despite their differences, Bhupathi and Paes are set to team up for India again in Beijing, having finished fourth in the Athens Olympics four years ago.

They have not played together since December, 2006, when they won the Asian Games doubles gold medal in Doha, after which they announced that they would never play together again.

Their quarrel in Qatar was a public affair, with both members of the former Davis Cup pairing criticising each other after Paes questioned Bhupathi’s fitness and commitment following India’s early exit from the men’s team event.

BEST CHOICE

The lure of the Olympics appears to be too strong for either of them to ignore, however. Paes recently said he would be happy for them to reunite and Bhupathi told Reuters that he was sure they would do well together. 

“I think logically that (playing with Paes) would be the best choice for the country; we want to win a medal,” Bhupathi said at the Australian Open where he reached the mixed doubles final with compatriot Sania Mirza in his first major event since back surgery last October.

“On the court the chemistry is there. Every time we have taken a break and come back, we have found a way to put our differences aside and win, so hopefully that will happen again.

“(The problems) have been happening for a long time, so we’re dealing with it.”

Every move Bhupathi and Paes make together in Beijing is bound to be closely scrutinised in India, where they are worshipped as sporting heroes almost on a par with the country’s cricketers.

FRENCH OPEN

Bhupathi, a year younger than Paes at 33, said he enjoyed the adulation.

“It’s nice. Unfortunately we don’t have that many (top-level players),” he said. “But we put in a lot of work, so to be recognised for that is nice. I guess it motivates us to work harder.

“At the same time you have to put things in perspective, you can’t let it go to your head, you’re here to do a job. I love what I do, so work comes first, results come and then everything else comes later.” 

Bhupathi and Paes won the French Open and Wimbledon in 1999, the year they reached the final of all four grand slam tournaments, and they won a second French Open title in 2001.

Bhupathi has won a total of 10 grand slam titles in men’s and mixed doubles, while Paes has won eight.

Paes already owns one Olympic medal — a singles bronze from the 1996 Atlanta Games which remains the only medal India has won in tennis.

Source: REUTERS

29 India-based IT cos among world’s best 100

January 30, 2008 by newmani

29 India-based IT cos among world’s best 100

29 India-based IT cos among world’s best 100

 29 India-based IT cos among world’s best 100
WASHINGTON: Twenty-nine India-based companies have been listed among the best 100 IT service providers in a new survey carried out with a view to assist business heads of major outsourcers identify reliable, innovative and tech savvy partners.

The toppers from each of the 10 categories that were identified included four companies each from India and the US and one company each from China and Mexico, said the survey by CyberMedia and Global Services Magazine.

They included India’s Tata Consultancy Services, HCL Technologies, Genpact, WNS Global Services, America’s EDS, Sitel, EPAM Systems and Computer Sciences Corporation, Mexico’s Softtek and China’s Neusoft, a release by Global Services Magazine said.

“The presence of four companies each from China and Malaysia, and three each from Russia and Brazil serves as a gentle reminder that these countries are emerging as viable outsourcing destinations,” it said.

The year 2007 reported a total of 436 M&A deals in the services industry. Nearly one-third of the Global Services survey respondents said that they merged with or acquired one or more providers. Of these, 11 per cent confirmed acquisition of a consulting firm.

The Indian service providers who derive between two-third to three-fourth of their revenues from the US are back to the drawing board to consider non-US avenues. While many IT-services companies were looking towards Europe and Japan as potential markets, others have strengthened plans for servicing the maturing domestic Indian market, it said.

India has emerged as the hub for global delivery with 57 per cent of the employees engaged in delivery centres located in India, followed by 18 per cent in the US.

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What it takes to be Carla Bruni

January 24, 2008 by newmani

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

January 24, 2008 by newmani

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

What it takes to be Carla Bruni

India’s Tata Motors unveils $2,500 car

January 11, 2008 by newmani

India’s Tata Motors unveils $2,500 car

India’s Tata Motors unveils $2,500 car

 

World’s cheapest car an ‘environmental disaster’ for India

Something akin to a motoring revolution has been unveiled in India – a compact car that will sell for a little over $2,500 when it hits the market later this year.

The makers of the Nano believe it will revolutionise how India’s 1.1 billion people get around, but critics say it will be an environmental disaster in a country already plagued by chronic air and noise pollution.

The theme from Stanley Kubrick’s 2001: A Space Odyssey played as the Nano was unveiled at the annual Delhi car show by Ratan Tata, the head of India’s industrial giant Tata Industries.

“We are very pleased to present these cars to you today,” he said.

“They are not concept cars, they are not prototypes. They are the production cars that will roll out of the single plant later this year.”

At three metres long, 1.6 metres high and 1.5 metres wide, the Nano lives up to its compact name.

It is a four-door, rear-wheel drive with a two-cylinder gasoline engine that claims to offer 20 kilometres per litre.

But the biggest attraction is not performance, it is price – 100,000 rupees – a little over $2,500 before on-road costs.

The target market is the many million of Indians who currently use a motorbike for family transport.

Environmental concerns

Still, many months before the car becomes available, potential buyers on the streets of New Delhi seem easily sold on the idea.

“Those people who are riding motorcycles these days can drive a car and they will find it easier to drive a car in the streets,” one Indian man said.

“Everyone can afford this car.”

The prospect of the Nano’s popularity scares environmental campaigners in India, Centre for Science and Environment spokeswoman Anumita Roychowdhury said.

“There is just no room left for more cars in Delhi. If you really look at the city, the roads are already congested,” she said.

“Data shows that we have even gone beyond the designed capacity of the roads.

“The traffic speed has come down drastically from 35 to 40kph to 12 to five kph [at] the peak traffic volume.

“Now that clearly brings out the fact that it is a crisis that we need to deal with, because [of] both the congestion and pollution impact.

“This cheap motorisation that is now going to explode in Indian cities, we are not prepared for it at all.”

The Nano is the brainchild of Mr Tata, the 70-year-old head of the family company. And the old man bristles at criticism the car may not be eco-friendly.

“We may as well come to grips with the fact that all the things that you ask for may not be in a one-lakh (100,000 rupees) car and all the things that might be there in an eco car, may not be possible for one lakh,” he said.

“Take it as it is. It’s a car that’s affordable, provides transport, meets all safety laws, meets all emission laws present and future.

“[It] will be a reliable form of transport which will provide Indian families an all-weather means of safe transport.”

But it is not just the Nano for India. In two or three years’ time, Mr Tata wants to roll out export version of the Nano to developing countries around the world.

Narendra Modi’s Hattric as a Gujarat CM

December 24, 2007 by newmani

Narendra Modi

Narendra Modi

India’s Hindu nationalists, led by controversial politician Narendra Modi, were set to return to power in the key western state of Gujarat, a verdict that could mean a setback to Congress party plans to call early national polls.

Here are some key facts about Modi, who is accused of turning a blind eye and even encouraging the killing of hundreds of Muslims during communal riots in 2002.

* Born on September 17, 1950, in the small town of Vadnagar in Mehsana district in north Gujarat, Modi started as a campaigner for the right-wing Hindu Rashtriya Swayamsevak Sangh and worked as a BJP election manager.

* He was appointed chief minister of Gujarat in October 2001, nine months after an earthquake killed more than 20,000 people in the state.

* He returned to power in elections in 2002 on an overt pro-Hindu, anti-Muslim platform, months after between 1,200 and 2,500 people, most of them Muslims, were killed in communal riots.

* In March 2005, the United States revoked his visa for what it said were violations of religious freedom despite his party being known to promote closer ties with Washington.

* A bachelor and a workaholic, he is known to be a loner who meditates, is particular about what he wears, spends time on his laptop computer and also has his own Web site.