AP Falls for Hoax that GE Will Donate $3 Billion Tax Refund
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Lixiaona
Global arms sales passed $400 billion in 2009: think tank
A US soldier patrols in the mountains of Nuristan Province, Afghanistan, in 2009. The world’s 100 largest arms dealers, excluding Chinese vendors, sold weapons for $401 billion in 2009, with US vendors …
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Singapore Earns S$18.8 Billion From Tourism In 2010
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De La Rue rejects $1.4 billion approach from Oberthur
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The Indian IT Sector: The evolutionary path and the US$50 billion domestic opportunity
The Indian IT sector has traversed a long path from an age of stringent and inefficient regulatory control to two decades of favourable policy. An often overlooked aspect of the Indian IT sector is the domestic market, which Ovum believes, is poised for significant growth, propelled by massive e-governance projects and the private sector which is rapidly acquiring scale. ( http://www.bharatbook.com/detail.asp?id=134298&rt=The-Indian-IT-Sector-The-evolutionary-path-and-the-US-50-billion-domestic-opportunity.html )
Scope
* Assesses the role of policy in the Indian IT sector’’s success, the current challenges, and government and private sector initiatives
* Assesses the domestic IT services market with a focus on public sector projects
* Presents Ovum’’s outlook on the domestic market and opportunities for packaged software providers
Highlights
Policy, in the form of tax incentives and infrastructure build up, forms a key pillar of the Indian IT success story. The industry now plays an important role in the Indian economy and has acquired sufficient clout to ensure that government policy continues to remain conducive to ensuring talent supply and a favourable tax regime.
The Indian government has budgeted for and is currently implementing e-governance projects on a massive scale. Public-private-partnerships is the dominant model of project execution and Ovum believes that while challenges exist, the success rate of public sector projects would be higher than in the years past.
The public sector, together with sectors such as telecommunications and financial services, will propel the domestic IT sector to US$24 billion in revenues by 2013. Ovum agrees with the industry body, NASSCOM’’s projection of US$50 billion in domestic IT services revenues, with a few caveats.
Reasons to Purchase
* Gain in-depth knowledge of the role of government policy in the Indian IT sector’’s success and the role policy must play to sustain growth
* Vendors will be able to assess the opportunities that the domestic IT services market presents
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=134298&rt=The-Indian-IT-Sector-The-evolutionary-path-and-the-US-50-billion-domestic-opportunity.html
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Reliance Industries Said to Plan $3.4 Billion Power Plant Bid
June 16 (Bloomberg) — Reliance Industries Ltd. , India’s biggest company by market value, plans to build at least one large power plant in India, marking the oil company’s entry in commercial electricity generation, two company officials said.
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Reliance Pays $3.8 Billion to Enter Wireless Market (Update2)
June 11 (Bloomberg) — Reliance Industries Ltd. will pay about $3.8 billion to enter India’s wireless Internet market, pitting billionaire owner Mukesh Ambani against brother Anil for the first time since they ended a non-compete accord a month ago.
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India raises US$8.2 billion from wireless broadband auction
India’s auction of wireless broadband spectrum ended on Friday, after 16 days of bidding, with Qualcomm winning coveted slots in the cities of Mumbai and Delhi, according to data released Friday by the country’s Department of Telecommunications (DOT).
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