$14 billion to flow into the Indian Semiconductor industry/Onsite employees feel the punch of recession in U.S./Britain keen on sharing defence technology with India/'Information on ATM operation not to be revealed'

Daily Dose |   February 18 2008

>> TOP NEWS $14 billion to flow into the Indian Semiconductor industry India Semiconductor Association (ISA) hosted their global conference 'Vision Summit 2008' on Monday, February 18, 2008 at the Leela Palace, Bangalore. Onsite employees feel the punch of recession in U.S. Facing the imminent recession in the U.S. Indian IT majors are likely to cut the onsite allowances of employees deployed at clients' offices abroad by 25 to 30 percent. Britain keen on sharing defence technology with India 'Information on ATM operation not to be revealed' >> TECHNOLOGY Next-gen tech poised to simplify virtual networking Gen-next technologies like 3D Internet are simplifying interactions in the virtual world. India's Spice launches $20 mobile phone Indian telecom company Spice (SCL) has unveiled a no-frills mobile phone that will retail at about Rs.800 ($20) early April. Polaris Software targets six new markets Ramco Systems launches new resource planning software >> BUSINESS L&T bags $315 Mn ONGC project Engineering and construction conglomerate Larsen and Toubro (L&T) has won a Rs.12.5 billion ($315 million) turnkey project from state-owned Oil and Natural Gas (ONGC) for construction and installation of offshore platforms at Mumbai High. Reliance Power to consider bonus issue Barely a week after listing on stock exchanges, Reliance Power on Sunday said it would consider a bonus issue to shareholders. North Indian carrier looks for partner in south Tata group ties up with Israel Aerospace >> VENTURE NEWS VLCC plans $54.5 Mn expansion in Middle East, IPO Indian preventive healthcare and beauty-care brand VLCC has announced rolling out of a $54.5 million expansion across the Middle East and plans of an IPO. TVS Finance to raise $37.5-$62.5 Mn from strategic investor TVS Finance & Services, finance arm of TVS Group based in Chennai, will rope in a large Indian non-banking finance company as a strategic investor. Tano Capital may invest up to $25 Mn in Alufit Prateek Group in talks with Sidbi VCF, others for PE >> OTHER NEWS 'India has largest number of undernourished people' India is home to the largest number of undernourished people in the world. R K Misra's journey from village to Lead India Life has come full circle for RK Misra as he outlined a plan to set up a cooperative dairy farm to transform life in the village where he was born. High court restrains production of `Flame' motorcycle Indian research body promotes sweet sorghum as bio-fuel >> BLOGS Six Solid Steps for Sure Success - Manish Jaiswal However, if proverbs were to chart history, then every thing would have been so easy to predict or achieve. Now the million dollar question! Why is Hillary Clinton going through a rough patch in the race.... MAGAZINE Cover Story Arasan Chip Systems, a builder of IP solutions and related services competes with established names in numerous vertical markets and comes up trumps. Guest Contributor Opportunities Galore for Semiconductors By Sid Agrawal The author is CEO and Director, SiPort. Featured Mentors Shrinidhi Sharma Program Management ,Qwest Software Services Prof.Dr.Deva Kumar Education Consultant,IMBMS Education Consulting Inc. Video spotlight How much value do certifications add to a skill set of an experienced techie? SiliconIndia Books Stock Exchanges Investment And Derivatives Dr V Raghunathan: This book is not about getting rich quick. Nor is it about making the reader an expert in matters....Buy Now India and the World: A Blueprint for Partnership and Growth The Hindustan Times Leadership Initiative is an important intellectual landmark in the capital.... Buy Now

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