Mexico leader visits India's tech hub
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Mexican President Felipe Calderon visited India's technology hub of Bangalore on Tuesday to get a feel for the success of its outsourcing companies, and to encourage them to invest more in Mexico.
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BANGALORE: Itâs taken nine years for the current Microsoft CEO Steve Ballmer to visit India, and heâs stunned by what heâs seeing.
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Mr Kapil Sibal, Minister for Science and Technology; Mr Kenneth I. Juster, Under Secretary of Commerce, Bureau of Industry and Security, US Department of Commerce; and Mr Harris Miller, President, Information Technology Association of America; at The India
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The networking giant announces plans for its first research center in China and for a venture investment program in India.
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NEW DELHI  - Russian President Vladimir Putin headed Saturday to India's vibrant software hub of Bangalore in hopes of expanding ties in information technology, a day after vowing to deepen strategic co-operation between the Cold War-era allies with deals in defence, space and energy.
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A soaring economy and crumbling trade barriers are making India a âmust visitâ destination for foreign politicians and executives.
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German chancellor Angela Merkel starts a four-day visit to India aimed at boosting economic ties.
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Legendary Silicon Valley firm, Intel Corp. signed a raft of agreements with India's department of technology and three state governments to spread computer literacy in the country.
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BANGALORE, INDIA - Microsoft Corp. is setting up a research lab in Bangalore, India, that will focus on areas including computing technologies for emerging markets, according to a company executive.
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AMD launches the $185 Personal Internet Communicator(PIC) in partnership with Tata Indicom to tap the Indian market. MUMBAI: The Austin, TX-based chip vendor AMD calls it the 50x15 initiative : the move towards
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Hyderabad is the latest technology center to be a target. But so far, India's grim security situation hasn't hindered its  boom
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Microsoft Corp. will expand its software development operations in India , according to the companyâs statement. Microsoft&#39;s chief executive Steve Ballmer has formally opened the first building of the campus near Hyderabad .
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Cisco Systems plans to have one-fifth of its top executives in India by 2012, in line with its plan to make India the hub for the development of technologies and new business models for emerging markets.The company expects 60 to 70 percent of its growth to come from emerging markets, John Chambers, the company&#39;s chairman and CEO, said in Bangalore at the inauguration of the company&#39;s Globalisation Centre East campus. The new center will work with partners in the Middle East, Africa, China, Asia, and Latin America on developing technologies for these markets.While emerging markets are growing at between 5 and 10 percent, markets in developed countries are growing at just 1 to 4 percent, according to various estimates, Chambers said.The company&#39;s plan to have senior vice presidents, vice presidents, and directors, cutting across all corporate functions, in India is not aimed at cutting costs, but at nurturing talent in India, said Wim Elfrink, chief globalization officer for Cisco, who also heads the new center.Cisco currently employs about 3,000 staff in India, which it plans to increase to 10,000 by 2010. The new center, which currently has 900 staff, is expected to grow to 3,500 staff by October next year, said Elfrink. Some of the technologies developed in India will be rolled out in other emerging economies, and also in developed countries, he added.Cisco also announced Tuesday a collaboration with Indian outsourcer Satyam Computer Services, of Hyderabad, to focus on software for handling medical distress situations and other health management applications. Cisco plans to take a minority interest in the venture, details of which were not disclosed. Health care is one instance of Cisco&#39;s strategy to use India as base for technology and applications that can be deployed worldwide, Chambers said.The company announced in 2005 that it would&#160;invest $1.1 billion in India&#160;over three years, including $750 million in research and development (R&amp;D), $100 million in customer support, and $100 million in a venture fund. The planned investment is on track, Chambers told reporters in Delhi on Monday.Chambers announced Tuesday that the company was increasing the size of the venture fund by $100 million. The venture fund will be focused on &quot;disruptive technologies,&quot; Chambers said.
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MEXICO CITY &#151; The world's third-richest man, Mexican telecom magnate Carlos Slim, poked gentle fun at the philanthropy of Bill Gates and Warren Buffett, and said businessmen can do more good by building solid companies than by "going around like Santa Claus" donating money.
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Russian President Vladimir Putin headed Saturday to India&#39;s vibrant software hub of Bangalore in hopes of expanding ties in information technology, a day after vowing to deepen strategic co-operation between the Cold War-era allies with
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BANGALORE, INDIA -- IntelÂ is evaluating India as a possible location for a new chip manufacturing facility, the company's chief executive officer, Craig Barrett, told reporters Thursday in Delhi.
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Trying to retain Microsoft's dominance in the Indian software market amid increasing competition, company CEO Steve Ballmer brought his campaign Tuesday to the country's leadership.