Rajendra Pawar of NIIT to be new Nasscom Chairman, Chandrasekaran of TCS to be vice chairman

The National Association of Software and Services Companies (NASSCOM) — the powerful industry lobby of India’s software and BPO industry — appointed Rajendra Pawar, chairman of NIIT group as its new chairman. Som Mittal will continue to be the President of the organization, arguably India’s most successful industry-lobby. N Chandrasekaran, the CEO and MD of […]

India put its foot down on statements against Iran and Myanmar (Wikileaks)

Despite humoring the US concerns on Iran when discussing matters like nuclear proliferation, India very much continued to be a ‘behind-the-scenes’ friend to Iran and Myanmar, according to the latest US cables leaked by Wikileaks. According to the late 2006 cable sent from USA’s Finnish embassy in Helsinki, Indian prime minister Manmohan Singh was very […]

Wikileaks’s Guantanamo records say many prisoners got Pakistan training

The latest release by whisleblower organization Wikileaks — prisoner stories from the Guantenamo Bay has shed light into the role played by Pakistan in training Taliban militants. Wikileaks started releasing hundreds of prisoner files from the controversial prison set up by the US after it started its attack on Afghanistan ten years ago. “Detainee attended […]

Wipro revenues up 4.2%

Wipro Limited reported March quarter IT Services Revenue at $1,400 million, a sequential increase of 4.2% and YoY increase of 20.1%. The growth is slower than the 5.6% posted in December quarter and the 5.7% growth posted in September quarter, but higher than the 3.2% growth of the June 2010 quarter. It has guided for […]

VentureNursery angels invest in Klip.in

VentureNursery, India’s first angel-backed start-up accelerator has announced an investment in Mumbai-based consumer internet company Smursh Ecommerce, the owners of Klip.in. Klip.in helps users discover unique and interesting lifestyle products across the web by aggregating and curating them based on their social connections and interest graph. Klip.in covers over 5000 products curated from over 100 […]

Gujarat has a ‘dual character’ – echoes Americans (wikileaks)

Three years after the riots of 2002, Michael S Owen, the US Consul General in Mumbai, gave a vivid description of Gujarat reminding readers of Akira Kurosawa’s classic, Rashomon. While NGOs and minority representatives insisted the presence of a ‘communalizing’ government, business leaders and government officials portrayed a picture of normalcy and harmony. In the […]

India’s babus lack capacity, are stove piped and slow-moving: Americans (wikileaks)

India’s old-world and “capacity-constrained” bureaucracy is the biggest impediment to improving relations its relationship with the US, US embassy officials told Secretary of State Hillary Clinton in a briefing paper prepared for her July 2009 visit. According to the Peter Burleigh, the in-charge of the American Embassy in New Delhi, even as the defence forces […]