Indian companies raise $8.3 Bn on Nasdaq Portal in 2007 /IT tax sop scheme might extend beyond 2009/U.S. slowdown may affect developers targeting IT sector

Daily Dose |   February 14 2008

>> TOP NEWS Indian companies raise $8.3 Bn on Nasdaq Portal in 2007 Twenty-five Indian companies raised a total of $8.3 billion on the Nasdaq Portal Market in 2007, said a senior Nasdaq official. IT tax sop scheme might extend beyond 2009 The Indian government is likely to extend the tax-free software technology parks of India (STPI) scheme beyond 2009, a central minister said on Wednesday. U.S. slowdown may affect developers targeting IT sector Next thing to come under the sickle compass of the U.S. recession is the market for information technology-related real estate. >> TECHNOLOGY IT sector plagued with under-skilled staff Insufficient IT staff availability and service delivery issues continue to plague executives at IT organizations around the world. Raytheon to ramp up ties with India's military U.S. defence major Raytheon Company intends to foster a long-term relationship with India's defence establishment. >> BUSINESS Yahoo! India sacks 45 people for poor show Yahoo! India, the Indian subsidiary of the global search engine and news portal Yahoo!, has sacked 45 employees across various levels for their poor performance. Financial services outsourcing to be $5 Bn industry by 2010 India's knowledge process outsourcing (KPO) industry dealing with financial services is set to become $5 billion by 2010. >> VENTURE NEWS SEBI brings art funds under its canvas Art funds cannot be set up without obtaining a certificate of registration from Securities and Exchange Board of India (SEBI). V-Guard keeps Feb 18 IPO schedule The Kerala based V-Guard Industries is confident to go ahead with its initial public offer (IPO), said company official. >> OTHER NEWS Indian students ensure robot's walk to global contest Bespectacled and with numerous files under their arms, 21-year-old Samay Kohli and 19-year-old Arpit Mohan look like any other student. A flood of fake CVs for IT jobs Beware! A meager 3000 rupee can get a whole resume forged. Expert forgers are there for dubious IT aspirants. >> BLOGS Converting your OptIn database to a social network - Roy Rajan So you have a 20K Opt In database of contacts who are interested in what you have to offer on your site. Wouldn't it be great if you could create an environment where these contacts could network and.... 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 Low-cost, low-power silicon By Balaji Baktha The author is CEO, InSilica SiliconIndia Books Set of 100 comics from Amar Chitra Amar Chitra Katha comics promote learning about the rich heritage of India through colorful, interesting stories presented in every one of these books. Buy Now 6 Of Kipling Rudyard Kipling was the first Englishman to receive the Nobel Prize for Literature (1907). The most popular of his books-The Jungle Book-was also turned into a hugely.... Buy Now Featured Mentor Deven Alimchandani SiteOps Problems Manager

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