The first sign of global recession while US economy outperforms the rest of the world – Toyota guidance very significant
Yani Shingrani
The American economy is resilient but has turned value oriented. It will not be easy for the Japanese or Chinese enterprises to dump goods in US anymore. It will also not be easy for Indian companies to dump services into the US economy.
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A crash in TCS stock underlines end of Indian indigenous IT outsourcing superpower
Reena Roy
TCS slumped 10.6% to Rs 887. Wipro and Satyam plunged 5% each to Rs 431 and Rs 436, respectively. Infosys shed 2.8% at Rs 1,599. At the same time Sensex touched a high of 16,854 - up 256 points from the day's low.
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Wipro Microsoft alliance is a shame for all Indians – alliance or slavery?
Harish Baliga
The alliance uses Microsoft technologies instead of challenging Gates in his own game. Wipro is just a servant of Microsoft facilitating Indian cyber slavery under the American corporate banners.
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According to International Monetary Fund (IMF) India’s gross domestic product (GDP) growth rate will drop to 7.9% in 2008
Babu Ghanta
India faces hyperinflation in commodities and wages. The commodity inflation, shortage of water and lack of cheap talent will restrict India’s growth plans.
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Malaysia refuses to release Hindu activist member of the Malaysian Parliament detained without charge – time for UN Security Council to intervene
Kartik Punaskar
The Malaysian Government has showed no regard for democratic voices in the country. The human rights abuse is blatant and pathetic. Malaysia refuses to release Hindu activist member of the Malaysian Parliament detained without charge.
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Will India stand up against America on slave-like treatment and human trafficking abuse on Indian workers at a Mississippi shipyard?
Harish Baliga
Signal knew it was recruiting cheap slave labor from India. They just followed what other American companies are doing. It is the mindset of ‘using others who are less fortunate’ that has to change.
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High end consumers in Europe and America plan to dump Jaguar – Land Rovers – Tatas may have made the worst investment in pursuit of feeling at par with Ford and GM
Tina Shekharan
Overnight Land Rover and Jaguar took the status below Hyundai, some think tanks believe. For the same reason Volvo is not desirable either because only God knows where Ford will dump this one.
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