Looking back at the Tata's Singur experience, they not only suffered financial losses but also lost trust in West Bengal's government & politicians. And this has blotted West Bengal's image very badly in corporate world, so the state which is already in bad shape (thanks to CPM's rule for so many years) should stop thinking about any progress being made in coming years. All credit goes to Mamata di, she has put in a lot of efforts and ensured that Tata's move out of the state. This again proves that politicians can stoop to any levels, to gain political mileage. God have some mercy.
Nano travels to Gujarat
Finally !! Tata's are going to produce Nano at Sanand in Gujarat. After so many months of political fallouts, agitations & discussions Ratan Tata choose Gujarat to move his pet Nano project, cheapest car in the world. This will further boost Gujarat's image to attract more corporates to set up their shops, indeed a nice & quick move from Narendra Modi and his team to arrange allocation of about 11,000 acres of land for Tata Nano plant. This brings in a lot of vendors alongwith Tata's, and should generate significant number of job opportunities for local population. Entire Gujarat (specially Sanand) burst into celebration after Ratan Tata & Narendra Modi held a joint press conference to declare this partnership.
"CHROME" not just another browser..
Google launched a new browser in the market called "Chrome" recently without too much hype & fanfare. They are pushing it slowly via their various products (Orkut, blogspot..) to the end users. Nice strategy !! I started using Chrome around 10 days back and can swear that it's good & cool, no less than other browsers in the market when compared for mostly used features. On launching Chrome, the home page which displays thumbnails of most visited websites is a great new feature and I am finding it very useful from usability perspective. Chrome loads webpages faster than IE 7, so I prefer using Chrome. Less buttons, no menu bars..so more space for the realestate on the web pages. From my perspective, I see Chrome's market growing rapidly in coming months specially when it's free to download and use. Hats off to Google, another great product from their factory.
This post is publishig using Chrome :-)
Can Indian market survive the US effect ?
With a number of banks/financial institutions in United States declaring bankruptcy, looking for buyers; money of investors have gone down the drain. Experts are saying there won't be any respite from the situations very soon so all are advised to be cautious with their investment. The current situation in US has also affected a lot of business IT companies used to get. There has been indications of getting less business as compared to past which means less revenue and that would ultimately lead to putting into effect certain cost cutting measures. There are talks in the industry & media to expect around 25,000 jobs getting affected..now that's a big number.
Talking about Indian IT market, people are really worried about US scenario and almost everyone is religiously following what's happenning in US ecenomy. Most of the business Indian IT giants generate is from US markets, and if economy at US is showing signs of decline that's going to impact revenues here also without any second thought. So, people in IT sector who have been enjoying an extended honeymoon period for past few years should get ready to face the heat. I am just hoping that Indian economy survives the US effect because our Government might not be able to pump in big money to boost economy as Bush Government is trying to do now.
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