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Facebook opens office in Hyderabad, India

Facebook has become the latest to join the list of companies who have opened office in India. Last month, popular social gaming company Zynga opened up office in Bangalore. The main motive will be to tap the skilled workforce that provides quality services at relatively cheap wages. Facebook’s office in the southern Indian city of Hyderabad will support users, advertisers and developers in India and around the world, the company said in a statement on 28th March 2010 according to Reuters.

Hyderabad also houses other foreign firms, including Internet powerhouse Google and software giant Microsoft, whose Indian employees work on everything from writing software codes to providing customer services at cheaper salaries than in developed nations such as the United States. Facebook counts around 400 million users and has had large investments from Microsoft and from Russian investment company Digital Sky Technologies. More than eight million of Facebook’s total users are in India, the company’s director of global online operations, Don Faul, said in a post on the Facebook blog.

“By having multiple support centers in a variety of time zones, we can provide better round-the-clock, multi-lingual support,” Faul said. Facebook will initially recruit a small team in India, and anticipates further growth as the office expands. It is hiring people to join the online sales and operations teams that it is forming in the Hyderabad and Austin offices, Faul said.

Source: SiliconIndia.com

March 29, 2010 Posted by | Business, India Related, IT, Software, Technology, World News | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ex-skipper Mohammad Azharuddin to contest on Congress ticket

COUNTERING AP ALLIANCE: With the TDP-TRS alliance looking strong in AP, Azhar’s entry will boost Cong’s confidence.

With the TDP-TRS alliance looking strong in AP, Azhar

Former cricketer Mohammed Azharuddin may contest the coming Lok Sabha polls on a Congress ticket. The Congress leadership has been in touch with him for the past few months.

With the TDP-TRS alliance looking strong in Andhra Pradesh, Azharuddin’s entry will boost the confidence of the Congress.

Azharuddin will be used by Congress to counter the powerful MIM influence on Muslim voters in Hyderabad.

The batsman might stand from his hometown Hyderabad. He has a huge fan-following there despite his premature exit from the world of cricket following allegations of match fixing in the late 90s.

Azhar has kept a low profile since his exit from the Indian cricket scene and runs a successful event management firm.

Speculation was rife in February last year that he may either join or campaign for the Telangana Rastra Samiti in the Greater Hyderabad Municipal Corporation polls. The talk was sparked by the hour-long luncheon meeting he had with TRS president K Chandrasekhar Rao.

January 20, 2009 Posted by | Cricket, Elections, General, India Related, Politics, Sports | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Sania Mirza enters round 2 of Australian Open

Indian ace Saniza Mirza  moves to second round

Making a successful return to the grand slams, India’s Sania Mirza cruised into the second round of the Australian Open on Monday (January 19, 2009) after defeating aside Poland’s  Marta Domachowska.

Sania won the match 6-1, 6-4 in a convincing display of form. However, she will have to continue in the same tempo as she may have to face Nadia Petrova, a top-10 player.

Sania raced away with the first set in just 25 minutes, breaking the Polish player thrice. The Indian led 2-0 in the second set before Marta stepped on the gas, winning four games on the trot, breaking Sania in the third and fifth games.

From a comfortable 2-0, Sania found herself trailing 2-4 in no time. Under pressure, the 22-year-old Hyderabadi got her act together and went on to win the next four games to seal the issue.

Sania broke Marta in the eighth and 10th games in the process. Sania had lost to Marta in 2003 in their first meeting and now the face-to-face record stands 1-1.

Sania, playing her first singles match of the season after a long injury-lay off, was happy with her comeback  match. “It was a great way to begin after such a long break. I’ve not played a match in almost six months now. I’m just happy to have come through,” she said after the match.

Sania’s best show so far in the Australian Open has been reaching the third round in 2005 and 2008.

January 19, 2009 Posted by | General, India Related, Sports, Tennis, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ramalinga Raju is hit over Obama in Internet search

He may be popular for all the wrong reasons, but Satyam’s disgraced founder Ramalinga Raju has beaten US President-elect Barack Obama on internet popularity charts in India, and is closing the gap abroad too.

By now infamous IT czar Raju shot to limelight earlier this month after disclosing what has emerged as the country’s biggest ever corporate fraud in India and has been called

‘India’s Enron’ right from the word go. Google’s search volume index shows Raju and Obama were generating almost equal searches from India during the first six days of the year, with Obama leading by a small margin. However, Raju jumped up the charts on January 7, when he admitted to a massive fraud of about Rs 7,800 crore.

The search volumes for Raju are estimated to have been over 10 times more than that of Obama on January 7, after which it has been declining consistently but Raju is still holding an edge over the US President-elect.

In terms of search volumes generated from various regions, Raju’s own state Andhra Pradesh is on top, followed by Tamil Nadu, Karnataka, Gujarat, Maharashtra and Delhi. In terms of cities too, the maximum search volume has been from Hyderabad, where both Raju and Satyam are based, followed by Chennai, Bangalore, Pune, Mumbai, Mahape and Delhi.

As regards searches for Obama, Tamil Nadu has been on the top, followed by Maharashtra, Karnataka and Delhi among the regions. For cities, the maximum search volumes for Obama has come from Chennai, Mumbai, Navi Mumbai, Bangalore and Delhi. Outside India too, Raju has generated significant search volumes from UAE, Singapore, Finland, US, Poland, Australia, UK, Canada and Germany, but has lagged Obama. Raju has been searched for in Abu Dhabi, Singapore, Dallas and San Fransisco, while search queries have come in Polish language too, other than English.

January 19, 2009 Posted by | General, India Related, IT, Software, Technology, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Top Ten Cities for Outsourcing in India

India has 35 major cities. Not all of them are good offshore outsourcing hubs.

In the recent past, several studies have been carried out to identify the best or most attractive cities in India. Gartner Inc, National Association of Software and Service Companies (NASSCOM) and KPMG, neoIT, Mercer, A T Kearney, Merrill Lynch and several others have carried out city studies for a wide range of objectives.

Important parameters that were considered when developing the rankings in these studies include:

  • Availability of Infrastructure (Power, Transport, Telecommunication, Housing)
  • Cost of Living
  • Real Estate Costs
  • Availability of Skilled Manpower
  • Attrition Rates
  • Quality of Living
  • Political Climate
  • Educational Institutions

Urban infrastructure in India is not the best in the world. Indian cities are facing overpopulation, indiscriminate growth and shortage of urban services like public transportation, water supply and sanitation. It is important to point out that the 2006 World-wide Quality of Living Survey by Mercer for 350 global cities has the top Indian cities Mumbai and Delhi ranked at 150th place. Not impressive at all. On the networking front, India ranks 40th out of 115 countries with the network readiness index of 0.23.

Despite the constrains imposed by the infrastructure or lack thereof, availability of skilled manpower and the low cost advantage continues to drive investment into urban India.

An analysis of city rankings by different surveys and study of recent outsourcing trends reveals that the top 10 outsourcing destinations in India are:

1. Chennai was the poor cousin of Bangalore and Hyderabad during the initial years of the IT boom in India. Today it is the lead outsourcing destination due to the low cost advantage, improving infrastructure, international connectivity, availability of land, skilled manpower and lower attrition rates compared to Bangalore and Hyderabad.

2. Hyderabad continues to woo investors by focusing on improving its urban infrastructure. The Governments, both past and present, have been very clear in their focus and support to the IT industry. The city has been among the most favored destinations due to the infrastructural improvements and the planned growth phased in by the governments in the twin cities.

3. Bangalore is the technology hub of India. It is increasingly becoming a global melting pot of cultures. The original garden and pub city of India has a comfortable climate compared to the other Indian cities that are happening in terms of outsourcing. However, the city’s infrastructure is inadequate to meet the demands of the exploding population. There is a growing feeling that other cities will overtake Bangalore if it continues to suffer due to political bickering, skyrocketing real estate prices and poor urban planning. According to a recent survey, it still ranks as the top city for living, earning and investing.

4. National Capital Region (NCR) includes Delhi and its surrounding suburbs. Delhi is expensive and not as popular for outsourcing. It is the suburbs, Gurgaon and Noida that have become important outsourcing destinations due to their proximity to the capital. They continue to be a major draw due to improving transport connectivity with Delhi, good international linkage and availability of skilled manpower.

5. Pune is Maharastra’s response to Bangalore. Its proximity to India’s financial capital, Mumbai and availability of trained manpower has led to the development of a thriving hi-tech outsourcing industry in this erstwhile retirement and education haven. Apart from other infrastructure components, the city is focusing on township projects to improve housing facilities.

6. Chandigarh and Mohali are twin cities. Chandigarh is one of the few planned and good cities of India. Mohali is its twin. Together, they have the space as well as the intellectual and financial capability to become India’s best outsourcing destinations. It does not yet have an international airport, but is well connected to New Delhi by road and rail.

7. Kolkata, the capital city of the state of West Bengal is high in intellect and has an advantage in terms of low costs. However, the city is famous for its traffic snarls and trade union shut downs. The current state government under chief minister Buddhadeb Bhattacharjee is making the right noises to encourage investors. Early indications are that it may actually emerge as a good outsourcing destination.

8. Mysore is one of India’s smaller cities, which have joined the outsourcing bandwagon. Its proximity to Bangalore and presence of companies like Infosys and Wipro has helped the cause. It is emerging as a preferred choice over Bangalore as India’s silicon city is now congested, expensive and has higher than average attrition rates.

9. Thiruvananthapuram in Kerala is well known for some of the leading science & technology research organizations in India. The city has the infrastructure and skilled workforce to attract IT investments. It is early days yet and remains to be seen whether Thiruvananthapuram can woo investors away from Bangalore, Hyderabad and Chennai.

10. Coimbatore is the emerging engineering outsourcing hub located in the state of Tamil Nadu. The government of Tamil Nadu is keen on developing Coimbatore as a major IT destination in the state. Coimbatore’s strength is its rich engineering tradition and young graduating engineers to meet the manpower demands of the growing industry.

January 7, 2009 Posted by | Business, General, India Related, IT, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

India’s 40 Richest Persons – 2008

Source: Forbes.com

Rank

Name

Net Worth ($mil)

Age

City

1

Mukesh Ambani (Reliance Industries Limited)

20,800

51

Mumbai

2

Lakshmi Mittal (Mittal Steel Company Ltd.)

20,500

58

London

3

Anil Ambani (Reliance Communications, Reliance Energy)

12,500

49

Mumbai

4

Sunil Mittal (Bharti Airtel Group)

7,900

51

Delhi

5

Kushal Pal Singh (DLF Limited)

7,800

77

Delhi

6

Shashi & Ravi Ruia (Essar Group)

7,600

64

Mumbai

7

Azim Premji (Wipro Technologies)

7,000

63

Bangalore

8

Kumar Birla (Aditya Birla Group)

5,000

41

Mumbai

9

Adi Godrej (Godrej Group)

4,000

66

Mumbai

10

Gautam Adani (Adani Enterprises Group)

3,900

46

Ahmedabad

11

Dilip Shanghvi (Sun Pharmaceutical Industries)

3,100

53

Mumbai

12

Savitri Jindal (O.P. Jindal Group)

2,900

59

Delhi & Hisar

13

Malvinder & Shivinder Singh (Ranbaxy Laboratories Limited)

2,800

36

Delhi

14

Anil Agarwal (Vedanta Resources Corporation)

2,400

55

London

15

Shiv Nadar (HCL Group)

2,200

63

Delhi

16

Micky Jagtiani (Landmark Group)

2,000

57

Dubai

17

Indu Jain (Bennett, Coleman & Co. Ltd.,)

1,800

72

Delhi

18

Cyrus Poonawalla (Poonawalla Group, Serum Institute of India)

1,600

67

Pune

19

Uday Kotak (Kotak Mahindra Bank)

1,550

49

Mumbai

20

Chandru Raheja (K. Raheja Corp.)

1,500

68

Mumbai

21

G.M. Rao (GMR Infrastructure Group)

1,470

58

Bangalore

22

Vivek Burman (Dabur India Limited)

1,300

71

Delhi

23

Anurag Dikshit (PartyGaming)

1,250

36

Gibraltar

24

Kalanithi Maran (Sun TV Network)

1,200

43

Chennai

25

Venugopal Dhoot (Videocon India)

1,100

57

Mumbai

26

Yusuf Hamied (Cipla Pharmaceutical Laboratories)

1,060

72

London & Mumbai

27

Ramesh Chandra (Unitech Group)

1,000

69

Delhi

28

Subhash Chandra (Zee TV Entertainment)

970

58

Mumbai

29

N.R. Narayana Murthy (Infosys Technologies Limited)

965

62

Bangalore

30

Rajan Raheja (Rajan Raheja Group)

950

54

Mumbai

31

Brijmohan Lall Munjal (Hero Honda Motors Limited)

940

85

Delhi

32

Baba Kalyani (Bharat Forge)

935

59

Pune

33

Tulsi Tanti (Suzlon Energy)

930

50

Pune

34

Jaiprakash Gaur (Jaypee Group)

890

77

Delhi

35

Niranjan Hiranandani (Niranjan Hiranandani Group)

885

58

Mumbai

36

Murali Divi (Divis Laboratories)

870

57

Hyderabad

37

Hemant Shah (Akruti City Limited)

830

55

Mumbai

38

Gracias Saldanha (Glenmark Pharmaceuticals Ltd.)

825

70

Mumbai

39

Anand Jain (Jai Corporation Ltd.)

810

51

Mumbai

40

Rahul Bajaj (Bajaj Auto Ltd.)

760

70

Pune

November 13, 2008 Posted by | Business, General, India Related, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Injury almost pushed me into depression: Sania

The Indian ace has been out of action since the Beijing Olympics.

OFF COURT: The Indian ace has been out of action since the Beijing Olympics.

Forced to stay away from courts for almost half the season, a fit again Sania Mirza is eyeing a comeback at January’s Classic tennis tournament in Hong Kong and revealed that she almost sunk into depression while struggling to recover from a wrist injury.

The Indian ace has been out of action since the Beijing Olympics, where her wrist injury flared up again and she had to concede her first round singles match.

Sharing the trauma she faced when she ran out of options to get her wrist healed, she said it was difficult to cope with the situation at that time.

“It was scary. It was career threatening. I was almost going through depression. I think the post-injury period is more difficult to cope with and I am happy to be back. But I never doubted that I cannot make a comeback ,” Sania, who is in Capital for the treatment, said.

Sania said she was keen to make a comeback but was not in a hurry. She confirmed that she will play a team tournament in Hong Kong in January before resuming her Tour activities.

“It is a big honour to represent Asia. It is great to be a part of such a large field, where you have players like (Jelena) Jankovic and (Maria) Sharapova. But we still have two-and-a-half months to go and it is very long period in tennis,” she said after spending about an hour on the DLTA courts, practicing with Radhika Tulpule.

Talking about the next season, she said she was approaching it cautiously.

October 21, 2008 Posted by | General, Sports, Tennis | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment