Comments on: Riots break out in India again, Obama slams Bombay, firms losing revenue… what's next for IT in India? http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/ Musings on technology, startups and software Tue, 07 Feb 2012 11:56:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Fresher Wipro http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/comment-page-1/#comment-1489 Fresher Wipro Sat, 13 Jun 2009 14:40:07 +0000 http://techlahore.wordpress.com/?p=670#comment-1489 Pl. read more about 'Applying Thought' <a href="http://science-in-future.blogspot.com/2009/06/applying-thought.html" rel="nofollow">here</a>. Pl. read more about ‘Applying Thought’ here.

]]> By: NewsOfTheTimes http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/comment-page-1/#comment-1488 NewsOfTheTimes Fri, 05 Jun 2009 02:42:47 +0000 http://techlahore.wordpress.com/?p=670#comment-1488 Here is some more news on the continuing troubles of Indian software companies. This one is from Times of India. Infosy's US share to shrink 4 Jun, 2009, 1729 hrs IST,AGENCIES BANGALORE: Infosys Technologies Ltd, India’s second-largest software-services provider, plans to raise its share of sales from Europe and emerging markets by half as US clients cut spending and lawmakers seek tougher hiring rules. this is in contrast to the US and Europe both further opening up markets to Pakistani goods: Cabinet satisfied over state of economy in Pakistan 'Pakistan Times' Special Correspondent ISLAMABAD: The Federal Cabinet on Wednesday expressed satisfaction over the state of the economy of the country which despite global recession has shown signs of improvement. The minister said that by the grace of God, the country has bumper crops of rice and wheat. He further said that the support price for cotton would be announced soon. He said that the cabinet decided to take fast track steps to increase growth rate of the country. For this purpose steps would be taken to boost industrial sector. Qamar Zaman Kaira said that with grant of access to US and European markets, the country’s industrial sector would be revived and job opportunities would be created. In this connection he mentioned likely cut in bank interest rate which would prove a positive step for industrial revival in the country. Here is some more news on the continuing troubles of Indian software companies. This one is from Times of India.

Infosy’s US share to shrink
4 Jun, 2009, 1729 hrs IST,AGENCIES

BANGALORE: Infosys Technologies Ltd, India’s second-largest software-services provider, plans to raise its share of sales from Europe and emerging markets by half as US clients cut spending and lawmakers seek tougher hiring rules.

this is in contrast to the US and Europe both further opening up markets to Pakistani goods:

Cabinet satisfied over state of economy in Pakistan
‘Pakistan Times’ Special Correspondent

ISLAMABAD: The Federal Cabinet on Wednesday expressed satisfaction over the state of the economy of the country which despite global recession has shown signs of improvement.

The minister said that by the grace of God, the country has bumper crops of rice and wheat. He further said that the support price for cotton would be announced soon. He said that the cabinet decided to take fast track steps to increase growth rate of the country. For this purpose steps would be taken to boost industrial sector.

Qamar Zaman Kaira said that with grant of access to US and European markets, the country’s industrial sector would be revived and job opportunities would be created. In this connection he mentioned likely cut in bank interest rate which would prove a positive step for industrial revival in the country.

]]> By: nautilus http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/comment-page-1/#comment-1487 nautilus Sun, 31 May 2009 16:09:42 +0000 http://techlahore.wordpress.com/?p=670#comment-1487 "Any one of these can very easily hit a $100+M in revenue in the next couple of years and drive a $1B valuation. It will seem revolutionary then…" -that's what I'm waiting and hoping for. “Any one of these can very easily hit a $100+M in revenue in the next couple of years and drive a $1B valuation. It will seem revolutionary then…”

-that’s what I’m waiting and hoping for.

]]> By: techlahore http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/comment-page-1/#comment-1486 techlahore Sun, 31 May 2009 03:33:25 +0000 http://techlahore.wordpress.com/?p=670#comment-1486 There was no IT revolution anywhere in the world. It is a process that unfolds over years and years. When the first big success happens, it seems 'revolutionary'. There are many very exciting product companies out of Pakistan that are in the double digit millions of $ revenues. Any one of these can very easily hit a $100+M in revenue in the next couple of years and drive a $1B valuation. It will seem revolutionary then... There was no IT revolution anywhere in the world. It is a process that unfolds over years and years. When the first big success happens, it seems ‘revolutionary’. There are many very exciting product companies out of Pakistan that are in the double digit millions of $ revenues. Any one of these can very easily hit a $100+M in revenue in the next couple of years and drive a $1B valuation. It will seem revolutionary then…

]]> By: nautilus http://www.techlahore.com/2009/05/26/riots-break-out-in-india-again-obama-slams-bombay-firms-losing-revenue-whats-next-for-it-in-india/comment-page-1/#comment-1485 nautilus Sun, 31 May 2009 03:28:56 +0000 http://techlahore.wordpress.com/?p=670#comment-1485 I wonder what this means for Pakistan? I was hoping Pakistan would go through an "IT revolution" similar to india, but I guess that died down a year ago. I wonder what this means for Pakistan? I was hoping Pakistan would go through an “IT revolution” similar to india, but I guess that died down a year ago.

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