Rupee rise to spell good news for Indian exporters: report/Gartner predicts growth in IT spend amidst subprime threat/PEs put $400 Mn bet on health sector last year

Daily Dose |   February 08 2008

>> TOP NEWS Rupee rise to spell good news for Indian exporters: report The appreciation of the rupee is going to spell good news for the Indian exporters and increase their profit margins by 12-15 percent. Gartner predicts growth in IT spend amidst subprime threat Despite Indian IT firms facing a threat from subprime crisis, research firm Gartner predicts a slight growth in the sector. PEs put $400 Mn bet on health sector last year It seems that PE firms express increasing interest in investing in India's pharma, healthcare sector, seeing a value in picking up small stakes in these segments. >> TECHNOLOGY Remote infrastructure management, next big thing in IT After the huge success of BPO, the next big opportunity set to take Indian IT industry to new highs is the remote or offshore infrastructure management services (IMS). IT majors earning more from fixed price contracts Fixed price contracts were the major sources of revenue of some of the major Indian Information Technology service providers in the third quarter. >> BUSINESS STD call @ 25 paise! Indian mobile tariff, lowest in the world, may go further down. The government is all set to trigger a steep cut in mobile telephony rate from their present levels by a new policy. Dell India's revenue up by 50 percent Dell India has unveiled that its revenue ramped up by 50 percent last year to touch $600 million (Rs 2,370 crore) by the end of October. >> VENTURE NEWS George Soros buys 3 percent stake in Reliance Entertainment for $100 Mn George Soros has acquired three percent stake in Reliance Entertainment, the Anil Ambani owned company valued at over three billion dollars for $100 million. Morgan Stanley is back! Morgan Stanley, an offshore fund, is coming back by launching a second fund after 13 years of long gap. >> OTHER NEWS Railways to take over associated sick heavy industries Railway Minister Lalu Prasad has now turned his attention to sick public sector units of heavy industries catering to his ministry. London University seeks tie-up with Indian varsities Targeting a wider student base in India, the University of London has introduced its distance-learning program through its External System. >> BLOGS Leadership vs. Managing People - Varun Singh Managing people would seem to be just another discipline, just another area in which a body of knowledge, including theory, has been accumulated. This knowledge should form the basis..... 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 Beat the slump by thinking offshore By Ravi Thummarukudy The author is Vice President and General Manager of the IC Solutions Division, GDA Technologies SiliconIndia Books Billions of Entrepreneurs: How China and India Are Reshaping Their Futures and Yours Tarun Khanna: This book reveals how such differences will influence China's and India's future development.. .... Buy Now Bhagawat - The Krishna Avatar Amar Chitra Katha presents the entire Bhagawat in 300 classical comic-book pictorial form. Celebrate the glorious heritage of India. The route to your roots. Give your children the gift of heritage! Buy Now Featured Mentor Atul Kumar AVP,Genpact ,USA

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