Saturday, June 01, 2013

Spotlight: Did Infosys Get It Wrong With Its 3.0 Strategy?

By M H Ahssan / Hyderabad

The strategy that is supposed to cement its future is hurting its performance today. As you drive on the flyover to the sprawling Electronic City from Bangalore, you can’t miss the shiny, glass buildings on the Infosys campus. One is a pyramid, another looks like the bow of a ship and yet another has a big hole right in the middle. 

What lies inside this building, which goes by the number 44, holds a key to the future of the 32-year-old software company. Inside, Infosys Experience Centre showcases a range of new products that its engineers developed in the last few years, some of them a direct outcome of its Infosys 3.0 strategy.

What H1B Visa Proposals Mean For Indian IT Firms?

By Sarah Williams / New York

New US proposals regarding H1B visas are being branded as bad for Indian IT firms. But there might be a silver lining. Some of the proposals related to H1B visas in the US Senate’s comprehensive immigration bill have triggered a sense of panic among Indian IT services companies. If passed, the IT companies fear they will have to spend more, sacrifice margins and perhaps even lose the competitive advantage. Nasscom, the lobbying body of software companies in India, has argued that the proposals are discriminatory and go against the idea of free markets. Its officials hint about a trade war between India and the US over this issue. The truth, as always, is more complex.

Crisis Call: Infosys Brings Back 'Murthy as Chairman'

By Sanjana Shetty / Bangalore

Heeding calls for market analysts and other observers for reversing Infosys’ weak performance over the last several quarters, Infosys founder NR Narayana Murthy has been re-appointed Executive Chairman of the company – and unusual recall in the Indian context.

The Infosys board announced the appointment after a meeting today. Murthy, under whom Infosys rose to great heights, has been appointed additional director of the board with immediate effect.

Murthy’s elevation will be seen as a vote of no-confidence in the current CEO SD Shibulal, whose term ends only in March 2015.

Health Focus: Surgery Is The Best Way To Treat 'Hernia'

By Dr.Rashmi Sanyal / Delhi

Hernia is generally described as a swelling where abdominal contents protrude out through an abnormal opening. It is commonly seen in the groin area in men and women, explained Dr Thirumurty Satish Kumar, Specialist General Surgeon.

However, it is also very common in women where the hernia occurs through a previous scar (incisional hernia). Hernia occurring in and around the umbilicus (umbilical or paraumbilical hernia) is another commonly seen condition. There are other varieties of hernia that are seen in clinical practice, but they are rare.

Congress Dilemma: Focus On Maoists Or 2014 Elections?

By Sarat Chandra / Bangalore

"If terrorism is uncontrolled, if left-wing extremism continues to flourish in important parts of our country which have tremendous natural resources of minerals, that will certainly affect the climate for investment." 

This is Prime Minister Manmohan Singh on June 9, 2009. His position has remained unchanged. Finance Minister P. Chidambaram is yards ahead of him. The Congress and the BJP have the same economic policies, he says. It follows therefore that the Congress join hands with Raman Singh, the BJP chief minister in Chhattisgarh, and hammer the Maoists. But on the eve of the assembly elections, the Congress sought to make tactical adjustments to the strategic vision and got hammered in Bastar.

Focus: The Contrasting Tale Of Two Indian 'Sons-In-Law'

By S Gurumurthy (Guest Writer)

Known as ‘Mappillai’ in Tamil and ‘Damad’ in Hindi, all sons-in-law have high standing in Indian families -- religion, caste, region and language regardless.

No surprise therefore that sons-in-law of wealthy, powerful families make news, mostly for wrong reasons. Some months ago, Robert Vadra, son-in-law of Sonia Gandhi, was in the news for building, in just four years, real estate empire worth couple of billion Dollars [Rs 11,000 crore], according to California’s Celebritynetworth.com, which even the media that adores Sonia Gandhi had to confess as reeking of corruption.

Actor Tusshar Kapoor Accused Of 'Spot-Fixing In Films'

By Paagal Patrkaar / Mumbai

After Cricket, it’s now Bollywood’s turn. In a shocking turn of events, following from the spot-fixing scandal in IPL, Tusshar Kapoor has been caught guilty in a spot-fixing scandal – a first in Bollywood.

Mumbai Police have arrested a bookie Tinda Kumar in a late night raid on his house. He was watching Tusshar Kapoor scenes from the movie Shootout at Wadala and making calls to various people from two dozen different mobile phones when the arrest was made.

He confessed to offering 50 lakhs to Tusshar Kapoor to “underact” for 5 minutes in the movie “Kya Super Kool Hai Hum”.

Saudi Arabia A Home To Many Indians For Over 40 Years

By Fauzia Arshi / Jeddah

The deadline – of July 3 — for Indians and other expatriates to either meet legal requirements to continue staying in the Kingdom of Saudi Arabia or exiting is fast approaching. There are no indications about an extension. 
    
Of the total of about 2 million Indians in Saudi Arabia (who contributing to its development process) at least 100,000 are counted as ‘illegal aliens’ living in contravention of immigration and labour laws. There are reports of long queues of workers outside the Indian diplomatic missions in Saudi Arabia who have come to seek relief braving the scorching desert sun.