Sensex in a bear market – India Inc. in deep trouble
Sobha Pundit
Feb. 6, 2008

As the service side of the US economy officially went into depression with the ISM non-manufacturing data, India Inc. faces deep trouble. Easy money from America will stop coming now. The higher Rupee already created the difference. India economic growth is decelerating very fast.

The Sensex went down mimicking the American stock market. The biggest trouble is that in absence Foreign Direct Investments (FDI), India Inc. can also suffer a deep depression.

The unemployment among the educated elite Indian young professionals is rising very fact. Wipro, TCS, and others are cutting back very fast.

Sensex in a bear market – India Inc. in deep trouble
Sobha Pundit
The Sensex went down mimicking the American stock market. The biggest trouble is that in absence Foreign Direct Investments (FDI), India Inc. can also suffer a deep depression.
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Lay off in Indian IT sector accelerates – TCS terminates thousands of employees
Nita Narain
A sharp rise in the value of rupee against dollar and the slowdown in the US economy have made a chilling effect is the Indian IT body shops like TCS, Wipro and Infosys who call themselves software companies.
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India finally realizes what a blunder it committed by becoming a trading nation rather than a producing nation - India headed for a severe economic depression from US depression
Harish Baliga
These Yuppies on the 'High' Indian oligarchs even bought American and European companies. They will soon find they lost it all as the Western world is faced with economic meltdown and depression.
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India worried about continuation of the ballooning trade surplus with US as the world’s largest economy heads into depression
Shankar Hotabi
As the American economy dips into depression due to faltering real estate prices, subprime meltdown, excessive consumer debt and skyrocketing imported energy prices; Indian exports to India can suffer in an accelerated fashion.
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The leveraged buy out man Romney – shame on his business experience, shame on his lies to hard working people of Michigan
Kirt Meham
The man who made billions buying out companies through leveraged debt and fire the employees of those companies to sell them for a premium now calls himself the ‘job creator of Michigan’.
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India’s outsourcing hit hard as US economy falls apart - IndyMac Bancorp initiates a 27% reduction in outsourced and temporary vendors mainly in India
Kirt Meham
India’s outsourcing sector – the call centers, back office operations and the IT sector is getting hit badly by the free fall in US economy and cut backs by the American corporations.
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McCain wrong on retraining displaced workers in incompetent community colleges – Senator please be informed before promising unrealistic stuffs to people
John Abelson
It is very easy to say ‘we will convert every manufacturing technician into software technician.’ Senator McCain it just does not work. You have lost Michigan because you said something that people of Michigan learnt over the last eight years.
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India seeks pact with Malaysia to regulate employment and discrimination
babu Ghanta
Malaysian authorities are ducking Indian efforts to reach agreements on employment, stopping discrimination and improving environments for Indians to live and work in Malaysia.
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