He cannot kick with his left foot, he cannot head a ball, he cannot tackle, and he does not score many goals. Apart from that, he’s all right – Football legend George Best on David Beckham. David Beckham is considered as God’s Gift to Soccer in Britain and a celebrity even in his new home, the […]
In an op-ed piece in today’s Wall Street Journal (subscription required), economist Arvind Subramanian questions the wisdom of providing foreign aid to poor countries. In a piece titled Farewell to Alms (borrowing from Hemingway’s famous Farewell to Arms), Subramanian, a senior Fellow at the Washington DC think tank Center for Global Development argues that foreign aid […]
It seems like there’s no end in sight to Dell’s problems. Just after disclosures of fraud in its accounting, Dell’s having serious problems shipping some of its laptops and desktops. The problems couldn’t have come at a worser moment for Dell because the lucrative Back to School season is getting started in the U.S. The […]
U.S. venture major Greylock Partners has invested in Indian electronic payment processing outfit TechProcess Solutions (formerly BillJunction). The size of the investment has not been disclosed. Greylock executives Asheem Chandna and Ganesh Rengaswamy are managing the investment in TechProcess. TechProcess was originally backed by ICICI Ventures. TechProcess’ CEO Bikramjit Sen was an ICICI executive in the […]
This is straight out of Ripley’s Believe it or Not. Remember those clowns in the U.S. intelligence services who failed to see the 9/11 attack coming but managed to see non-existent weapons of mass destruction. Yes, those dodos now want to launch an internal communication tool called A-Space modelled on the popular social networking sites MySpace and Facebook. […]
Following in the footsteps of its larger rival TCS, Indian IT services provider Infosys has crossed the U.S. border to set up its first Latin American subsidiary in Monterrey, Mexico as part of its nearshoring strategy. The Mexican subsidiary, which includes a development center, will let Infosys provide services in time zones that are more […]