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Indian stock market plunges to 800 points
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Excuse me, it not the policies .. the policies are fine .. its just the work culture in the research labs that cheeses people off and if Infosys is able to provide something thats not a part of the PSU work culture and that is precisely why people like it!

Posted by: Malakpet Rowdy At: 8, Jun 2006 1:53:52 PM IST
read it again.. *this much* FIIs would not have worried so much ,and not withdrwan their money in so haste.THAT is the point. US stock xchanges do not witness so much volatility as ours.It is due to the stregnth of US economy and needless to say the strenght of our economy which is dependent so much on foreign debt and foreign direct investment. Got it?

Posted by: Mr. Siri Siri At: 8, Jun 2006 1:49:52 PM IST
Take this stockmarket meltdown,which the title of this thread. If India is self reliant in all sectors-energy/banking/agri/etc, whould this much meltdown occur on our BSE n NSE? Definitely not. We want self reliant super power ,that is India. Tell me how can this be achieved.

Posted by: Mr. Siri Siri At: 8, Jun 2006 11:00:47 AM IST
Petty minds do not understand serious issues.Do they? If some country attacks India overnight who would defend us and with what technology? bug-free software programs alone ? Our coal reserves are limited. We want to explore nuclear options for energy production to meet our demands.Who would do that research ? These are just few areas where competent work force is missing. That is the concern here and not the term "brothel".

Posted by: Mr. Siri Siri At: 8, Jun 2006 10:55:41 AM IST
How else can India become super power? Just one more example. In the year 2002 India exported lakhs of tons of wheat at loss to other countries coz of food surplus. Presently India is planning to import lakhs of tons of foodgrains due to stagnant agricultural production and increased consumption.Isn,t it due to lack of research in agricultural sector?Who would do this research? USA for us? or IBM for us?

Posted by: Mr. Siri Siri At: 8, Jun 2006 10:48:27 AM IST
If high caliber engineers from IITs and other top institutes continue to migrate to software industry,the techonological future of India in Defence,space,Nuclear and agricultural technology would continue to be pathetic.That is the concern expressed here,People who dont have such concerns would continue tomiss the mainpoint and continue to hang on to the term "brothel" I spoke of in which people work day n night for some "clients" to get some good bucks.Like I said before it is not the fault of such people per se,but it is the govt policies which are driving away high caliber engineers to alternative non-core professions.The gov spends lakhs of rupees to make an IITianand this IITian works in someother field than which is he trained in.This situation must change and the gov musttake proper measures for that. ============no use of even this,if the situation continue to be like this=========== --> BANGALORE: While the Indian ITES/BPO industry continues to ride the path of growth, it is worried about improving the levels of education in the country to keep its knowledge and labour pool advantage . Industry leaders feel that both companies and government should work together in this aspect. Speaking at Nasscom’s India ITeSBPO Strategy Summit 2006, Nasscom president Kiran Karnik said tie-ups with state governments and educational institutions were the need of the hour with emphasis on changing curriculum at school levels and improving language, computer and soft skills. “China has said that it plans to build 50 Harvard Universities. Even if they build half the number, they can compete with us. India needs to build not 3-4 but 100 IIMs and IITs to ward off competition. The industry is ready to help in this endeavour,” was the view of Pramod Bhasin, chairperson, Nasscom BPO Forum and CEO of Genpact. Industry experts think that the BPO industry is going through a “mid-life crisis” . “As the market has become older, there is a bit of frustration among companies, including MNCs like IBM and Accenture that the growth hasn’t met expectations. The BPO companies are grappling to find the right strategy and business models in the face of stiff competition and consolidation in the industry,” said John C McCarthy, V-P , Asia Pacific, Forrester Research. He added that future BPO success will require serious technological and marketing investments by suppliers. Stating that a recent Forrester survey had come out with findings about a fair amount of angst among clients about offshore BPOs, he said that several of them are putting in more audits, reevaluating offshore plans and renegotiating SLAs to put in more security measures. Mr McCarthy said that the call centre scramble between 2002-2006 has played out and now the focus is on vertical build out. “Increasingly, there will be deals to build out skills and depth. We are also seeing IT firms including Infosys and Wipro, moving to leverage software products as a common platform,” he said. Hubert Giraud, CEO, Capgemini Global BPO services, said price was no longer the only driver for customers. “Cost is important but it is increasingly becoming secondary to operational efficiency and processes,’’ he added.

Posted by: Mr. Siri Siri At: 8, Jun 2006 10:38:49 AM IST
That is serious thinking about our nation's scientific future .

Posted by: Mr. Siri Siri At: 8, Jun 2006 10:16:39 AM IST
Posted by: Mr. Indian Indian At: 8, Jun 2006 8:30:40 AM IST That's what thick skinned boneheads understand who never come out of brothels,whatelse can they think of? STUPID.

Posted by: Mr. Siri Siri At: 8, Jun 2006 10:14:29 AM IST
gatlanaa siri siri, so seriously joking, nuvve brothel house lo pani jestunnav? brothel lekkana? pimp lekkana? enta mandi customers ni satisfy jesinav? thoo adaganeeki naaku siggaitundi. dimaag undaaraa neeku? gatla polustaare? ee lekkana nee illu kooda brothel house lekkana? ey, gadi serious joke. neeku samajaitadi kadane. ide maatani siggu eggu unnodi daggara ante oka peeku peekutaadu vaadiki siggu kappi untadi kada tolu mandam. neelaanti siggulenodu ayite tolu sannam kadaa isonti jokes manchiga samajautay.

Posted by: Mr. Indian Indian At: 8, Jun 2006 8:30:40 AM IST
Posted by: భాస్కర్. బి At: 7, Jun 2006 12:44:08 PM IST Good points about Japan. Post sth abt China too! Posted by: Mrs. shaloo At: 7, Jun 2006 1:14:45 PM IST You were refering to toilet and such social PBs. //half knowledge,overpopulation,different religious ideas and superstituous minds and above all selfishness.// I thought we were discussing about situation in research labs in India.Though all the ills mentioned by you are prelevant in India, the causes for "internal brain drain" of talent from labs to pvt industry are different(they were mentioned belwo in earlier posts)Please discuss that.

Posted by: Mr. Siri Siri At: 7, Jun 2006 1:50:35 PM IST
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