Industrial production growth drops to 7.6 percent in Dec 2007/Product engineering offshoring market to grow by 23 percent: Zinnov/Russian conglomerate Sistema to invest $4-7 Bn in India

Daily Dose |   February 13 2008

>> TOP NEWS Industrial production growth drops to 7.6 percent in Dec 2007 Industrial production has apparently taken the brunt of higher interest rates and a high base effect in December 2007. Product engineering offshoring market to grow by 23 percent: Zinnov A report predicts a 23 percent growth (compounded annual growth rate) for the Indian product engineering offshoring market by 2012. Russian conglomerate Sistema to invest $4-7 Bn in India Sistema, a Russian public diversified corporation, is planning to invest $4-7 billion in the Indian telecom space in the next five years time. >> TECHNOLOGY NEC Electronics to offer design support from India NEC Electronics, a Japanese semiconductor conglomerate, has commenced India operations to provide advance design support to its global customers. 16th Nasscom India Leadership Summit gets a headstart today Leadership, globalisation, global Sourcing, gechnology & innovation are the key themes of 16th NASSCOM India Leadership Forum 2008 that started today in Mumbai. >> BUSINESS Aeroflot to expand operations in India Aeroflot, Russia's flagship carrier, on Tuesday said it plans to expand its operations in India and is mulling a direct flight from Moscow to Amritsar in Punjab. VSNL now Tata Communications Integrating the former VSNL and Teleglobe brands, Tata Communications will leverage its Tata Global Network to deliver a globally managed communications solutions. >> VENTURE NEWS Consim Info raises $11.75 Mn in series B Murugavel Janakiraman founded Confim Info, an Indian Internet firm has announced the second round of funding of $11.75 million from Mayfield Fund. GlobalScholar.com lands $27 Mn, buys Excelsior Kal Raman cofounded Bellevue's GlobalScholar.com has raised $27 million in round B funding and is acquiring Excelsior Software, a leading provider of assessment management solutions. >> OTHER NEWS Mukesh Ambani to head India-Russia CEOs' forum Reliance Industries Chairman Mukesh Ambani to steer the India- Russia CEO's Council. India to get 400 to 500 new airports: minister India plans to develop 400 to 500 airports in the next 10-12 years and a new infrastructure policy will be announced soon to encourage development of new airports. >> BLOGS Do you Qualify for an H-1b Visa? - Sonia Munoz Many foreign professionals currently in the United States are eligible to obtain the H-1b visa and do not know it. Individuals that qualify for the H-1b visa may be outside of the US or inside with another valid visa..... 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 Notes from my heart on leadership! By Arun Subramony The author is Vice President - Global Delivery, UST Global 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 Prajit S Nair Research Engineer,Samsung Techwin

If you are siliconindia network member and do not want to receive daily dose, please select "unsubscribe" from your setting page when you log in. If you are not a member, visit here to stop receiving daily dose.