The master statesman stood alone against fascism and renewed the world’s faith in the superiority of democracy
The avatar of fascism posed the century’s greatest threat to democracy and redefined the meaning of evil forever
He led a mass struggle for racial equality that doomed segregation and changed America forever
Brazenly defying the West, he revived Islam’s faithful and authored a new form of religious government. The prescriptions were often chilling
Driven by ideological zeal, he reshaped Russia and made communism into a potent global force
As the world’s most famous prisoner and, now, his country’s leader, he exemplifies a moral integrity that shines far beyond South Africa
The most tireless moral voice of a secular age, he reminded humankind of the worth of individuals in the modern world
December 10, 2008 Posted by Bala | General, Politics, World News | 10, 1945, 1993, Adolf, Adolf Hitler, Africa, Age, Ali, All India Muslim League, America, Ayatullah, Ayatullah Ruhollah Khomeini, Bala, Balamurugan, Balamurugan R, Balgates, Candidate, Century, Chi, Churchill, Colonialism, Communism, Communist, Communist Party, Country, Democracy, Democratic, Democratic Republic, Famous, Force, Founder, Freedom, Gandhi, Gandhiji, Global, Government, Governor, Governor-General, Great, Great Leader, Greater, Greatest, History, Hitler, Ho, Ho Chi Minh, Human, Humankind, Independence, Independent, India, Indian, Iran, Islam, Jinnah, John, Karamchand, Khomeini, Leader, Leaders, Leadership, Left, Lenin, London, Luther, M K Gandhi, Mahatma, Mahatma Gandhi, Man of the Year, Mandela, Martin, Martin Luther King, Minh, Mohandas Gandhi, Mohandas Karamchand Gandhi, Muhammad, Muhammad Ali Jinnah, Muslim, Nelson, Nelson Mandela, North, Pakistan, Paul, Politician, Pope, Pope John Paul, Pope John Paul II, President, Prisoner, Quaid-e-Azam, Religion, Religious, Republic, Revolution, Revolutionaries, Ruhollah, Russia, Russian, Secular, Social, South, South Africa, Spinning, Spinning Wheel, St.Paul's, St.Paul's Cathedral, Struggle, Tehran, Ten, Time, United States, US, USA, V I Lenin, V.I.Lenin, Vietnam, War, Welfare, West, Winston, Winston Churchill, World, World War II | 2 Comments
COMPANY FORECAST: S Gopalakrishnan, CEO and MD of Infosys, speaks at the Reuters India Investment Summit.
Infosys Technologies Ltd will freeze recruitment after meeting this fiscal year’s target of hiring 25,000 staff, a telling sign the global downturn is hitting India’s $52 billion outsourcing sector.
The country’s second largest software services firm however has no plans to cut jobs and is sticking with its third quarter outlook, CEO Kris Gopalakrishnan told reporters.
He said the outsourcing sector’s growth rate would halve next year as some customers delay orders. “Last year the IT industry grew more than 30 per cent, this year it is looking at somewhere in the region of 15 per cent,” Gopalakrishnan said.
India’s export-driven IT sector, used to a scorching pace of growth, has been hit by the financial crisis and recession in the United States, which contributes more than half their revenue. In the last few years, the outsourcing industry has created tens of thousands of jobs, mainly attracting young workers, as global companies look to trim labour costs.
Infosys hired 16,000-17,000 employees in the first half of the fiscal year that began in April and would honour commitments to 6,000 under training, Gopalakrishnan said. Infosys, which counts Goldman Sachs and Philips Electronics among its clients, cut its full-year dollar revenue outlook in October due to the worsening global downturn.
Gopalakrishnan said on Dec 04, 2008 the company would freeze fresh recruitment, apart from meeting specific skill needs. “We will have to look at controlling our cost, controlling our expenses making sure that we run an optimised business. We will have to look at what are things we need to do in order to prepare ourselves for the recovery.” “Growth is coming more and more from emerging markets so hese are the things we need to prepare ourselves. We should not lose momentum in this slowdown,” he said.
But Infosys still expects its strong client base and a weakening rupee to help it meet a forecast for December quarter earnings of $0.57 a share. The Indian rupee has fallen nearly six per cent so far this quarter against the dollar.
“Infosys is seeing further degradation of the demand environment, with headwinds from leadership changes at customers, a shrinking large deal pipeline …. Pricing pressure has emerged,” CLSA Asia-Pacific said in a report this week.
December 4, 2008 Posted by Bala | General, India Related, IT, Software, Technology | $52, $52 Billion, 16000, 17000, 25000, 6000, America, Asia, Asia-Pacific, Attract, Attracting, Bad, Bala, Balamurugan, Balgates, Bangalore, Base, Billion, Business, CEO, Chief, Chief Executive Officer, Client, Clients, Commitment, Commitments, Company, Controlling, Cost, Costs, Country, Crisis, Cut, Degradation, Degrade, Director, Downturn, Earning, Earnings, Electronics, Employee, Employees, Environment, Executive, Expenses, Export, Export-Driven, Fall, Fallen, Financial, Financial Crisis, Forecast, Freeze, Fresh, Fresher, Freshers, Further, Global, Goldman, Goldman Sachs, Good, Gopalakrishnan, Growth, Hire, Hiring, Hit, Hitting, India, Indian, Infosys, Infosys Technologies Limited, Infosys Technologies Ltd, Infy, Invest, Investment, IT, Kris, Kris Gopalakrishnan, Labour, Largest, Leader, Leadership, Limited, Lose, Ltd, Managing, Managing Director, MD, Meet, Meeting, Momentum, Officer, Optimised, Outsource, Outsourcing, Pacific, Philips, Philips Electronics, Plan, Pressure, Quarter, Rate, Recession, Recruit, Recruitment, Reporters, Reuters, Rupee, S Gopalakrishnan, Sachs, Second, Sector, Services, Sign, Signs, Skill, Software, Specific, Staff, Strong, Summit, Target, Technologies, Third, Training, United States, United States of America, US, USA, Workers, Year, Young | 1 Comment
US President-elect Barack Obama on Dec 01, 2008 named former Democrat rival Senator Hillary Clinton as the Secretary of State in his incoming administration and retained Robert Gates as the Defence Secretary.
The team of Obama and Vice President-elect Joe Biden also officially announced other key members of their cabinet, nominating Eric Holder as Attorney General, Arizona Governor Janet Napolitano as Secretary of the Department of Homeland Security, Susan Rice as Ambassador to the United Nations and General Jim Jones as the new National Security Adviser.
“In this uncertain world, the time has come for a new beginning – a new dawn of American leadership to overcome the challenges of the 21st century, and to seize the opportunities embedded in those challenges,” Obama said in a statement issued by his transition team.
To succeed, a new strategy should be pursued that skillfully uses, balances, and integrates all elements of American power — military and diplomacy, intelligence and law enforcement, economy and the power of “our moral example,” the country’s first African-American President said.
“The team that we have assembled here today is uniquely suited to do just that. They share my pragmatism about the use of power, and my sense of purpose about America’s role as a leader in the world,” Obama, who will be taking office as the 44th US President on January 20, 2009, said.
December 2, 2008 Posted by Bala | General, Politics, USA Related, World News | Administration, African, African-American President, Ambassador, America, American, Arizona, Army, Attorney General, Barack, Barack Obama, Biden, Cabinet, Challenge, Challenges, Clinton, Country, Defence, Defence Secretary, Democrat, Department, Diplomacy, Economy, Enforcement, Eric Holder, Former, General, Governor, Hillary, Hillary Clinton, Homeland, Intelligence, Janet Napolitano, Jim Jones, Joe, Joe Biden, Law, Law Enforcement, Leadership, Military, National Security Adviser, Nations, Nominate, Nominates, Nomination, Obama, Power, President, President-Elect, Retained, Rival, Robert Gates, Secretary, Secretary of State, Security, Senator, State, States, Susan Rice, Team, Uncertain, United, United Nations, United States, United States of America, US, USA, Vice President, Vice President-Elect, World | Leave a comment
Mahendra Singh Dhoni’s leadership has changed the face of Indian cricket, according to Pakistan’s pace legend Wasim Akram who believes it is a matter of time before India upstages Australia as the number one team in the world.
Akram said Dhoni has completely transformed the team ever since he took over the mantle of captaincy and that Indian cricket was on the right track with a number of talented players in their ranks.
“Dhoni has changed the face of Indian cricket, there is no doubt about that. He leads from the front, he has charisma and players like him. You can’t ask for anything more,” Akram said in a telephonic interview.
“He has given the team the confidence. The players now believe that they can go and beat any team and it is this confidence that has helped India to bring about the desired results,” the former Pakistan captain said.
Akram, regarded as one of the finest left-arm speedsters with 414 Test and 502 ODI wickets to his credit in a career spanning nearly 17 years, said Dhoni had also brought about a refreshing change in his attitude and approach to matches.
“It does not matter whether Sachin Tendulkar is resting or some other players are injured, the Indians are so confident that they go out and do the job. It was not the case about six or seven years ago, India did not have that confidence,” he observed.
“If the captain leads from the front, half the job is done. That is what I like about Dhoni. He is cool, comes out with few quotes and gets the best out of his players,” Akram said.
“Leading the Chennai team in the upcoming Champions League will be a good challenge for him since there will be a lot of international teams,” he said.
Asked whether India would be able to topple Australia as the number one team in the near future, Akram said “India is the new Australia. I think they are on the right track to achieve that”.
Akram also lavished praise on India’s new pace sensation Ishant Sharma saying the Delhi youngster had improved by leaps and bounds in the last few months.
“Ishant has been a revelation. He has really improved in the last few months and I think he is a real asset to India,” Akram said about the paceman who emerged as the man-of-the-series in the recent Test series against Australia.
“After the Australian tour late last year, his length was slightly short. But he has now rectified that and was simply brilliant in the recent series against Australia. The way he bowled, it seemed he had been around in Test cricket for five years or so,” he said.
The cricketer-turned-commentator said Ishant will only get better with time but also cautioned that the youngster needed to be handled well to prolong his career.
“He (Ishant) will get quicker and better with time, there is no doubt about it. He just has to keep himself fit as fast bowling is hard work,” Akram pointed out.
He said the Indian bowling line-up looked quite balanced at the moment and the presence of an in-form Zaheer Khan has provided a lot more sting.
“Zaheer has been fantastic. He has bowled the reverse swing well, got the ball to swing in and out… he has become a complete bowler now. He really provides that cutting edge to the attack,” he said.
“India always had good spinners but I am happy to see these pacemen developing. They are winning matches for India”, Akram said.
The ex-pacer said Harbhajan Singh was capable enough to shoulder the responsibility in the spin department following the retirement of champion leg spinner Anil Kumble.
“Harbhajan is a good spinner. It is now upto him to take upon the responsibility in the spin department. I think he is capable of doing it and also has the experience”.
Akram also credited India’s rise as a cricketing nation to the planning done by the BCCI over the last few years.
“Credit must also go the BCCI for India’s rise in recent times. They have planned and implemented everything well. The results have started coming now,” he added.
November 24, 2008 Posted by Bala | Cricket, General, India Related, Sports | Achieve, Akram, Anil, Anil Kumble, Approach, Attitude, Australia, Batsman, BCCI, Board, Board of Control for Cricket in India, Bowler, Captain, Captaincy, Challenge, Champ, Champions, Champions League, Chennai, Chennai Super Kings, Confidence, Control, Cricket, Delhi, Fantastic, Former, Harbhajan, Harbhajan Singh, India, Indian, International, Ishant, Ishant Sharma, Khan, Kumble, Leader, Leadership, League, Legend, Mahendra, Mahendra Singh, Mahendra Singh Dhoni, MS, New, Number One, One, Pace, Pakistan, Pakistani, Sachin, Sachin Tendulkar, Sensation, Sharma, Singh, Skipper, Spin, Super Kings, Talent, Team, Tendulkar, Wasim, Wasim Akram, Youngster, Zaheer, Zaheer Khan, Zak | Leave a comment
I’m Bala – The so called BALGATES 🙂
This blog is to express my thoughts to the World: blogging, which I do when I’m bored.
Mr.Bill Gates is my role model & inspiration. Hence, My Friends call me as Balgates 🙂
I’m a die – hard fan of Indian Cricket & Sourav Ganguly. U can expect a lot of updates from Cricket.
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