We remember it all as if it happened just yesterday. But it was actually 1992. IBM reentered India through a joint venture with the Indian conglomerate Tata called Tata Information Systems Ltd (subsequently changed to Tata-IBM and later to IBM after Tata and IBM parted ways in 1999). And Mike Klein, the Bullet motorcycle-riding IBM expat, […]
Vikram Pandit is the favorite to be named as CEO of struggling financial giant Citigroup. Reporting that Citigroup would name a CEO soon, the Wall Street Journal (subscription required) said in its Saturday edition: The front-runner is Vikram Pandit, who currently oversees Citigroup’s investment bank and alternative-investments businesses, the people said. That would fill the […]
U.S. Jaguar car dealers are opposed to selling the premium Jaguar brand to an Indian company saying that it would screw the brand’s luxury image. Two Indian companies Tata and Mahindra have expressed interest in acquiring the Jaguar brand from Ford. Ken Gorin, Chairman of the Jaguar Business Operations Council, a group representing Jaguar car […]
India’s active Internet user base in 2007 is still a pathetic 32 million, according to a new survey report put out by the Internet and Mobile Association of India (IAMAI). This represents a growth of 10.9 million active users over 2006. The IAMAI is also throwing out a figure of 46 million Internet users in the […]
They say that even the rats desert a sinking ship. While Padmasree Warrior is certainly no rat, this shrewd corporate warrior has abandoned the sinking Motorola and sought refuge in the safe harbor of networking leader Cisco. Padmasree is joining Cisco as CTO, the same position she held at struggling Motorola where she was responsible for […]
Your free lunch days are over, Microsoft is telling software pirates and their cheapo customers. Make no mistake, Microsoft is aggressively going after pirates of its software these days. And to prove that it means business now where piracy of its software is concerned, the software company’s been throwing around some impressive numbers. Just the other day, […]