Subj: Die
Hard Indian newsletter - 30 Nov 2000
Date: 11/30/2000 8:53:12 AM Pacific Standard Time
From: webmaster@diehardindian.com (Die Hard Indian)
To: subscribe@diehardindian.com
For
the Die Hard Indians!
Here's the latest Newsletter from
http://www.diehardindian.com/news/news.htm your source for the latest
summarized worldwide news reports on India. Please click on
http://www.diehardindian.com for more regular news updates.
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TABLE OF CONTENTS
1. Global Entrepreneurship Monitor (21 Nov, Babson/London Business School)
2. Reliance Industries top chemical firm in Asia (20 Nov, Asiaweek magazine)
3. Forbes International 800 (16 Nov, Forbes magazine)
4. Will Tech Boom Again? Have We Hit Bottom? (27 Nov, Fortune Cover)
5. Ideas.com draws attention of Coke and others (10 Nov, Wall Street Journal)
6. A Maharajah's Festival for Body and Soul (26 Nov, New York Times)
7. As Leaders, Women Rule (20 Nov, Business Week)
8. India's New Incarnation (27 Nov, TIME magazine)
9. The man who sold Silicon Valley on Giving (27 Nov, Fortune magazine)
10. $30 b IT-enabling market seen for Indian firms (26 Nov, Goldman Sachs)
11. Oh? Calcutta? (19 Nov, Los Angeles Times)
12. In Corner Of County, A Passage To India (23 Nov, Washington Post)
13. Satyam creates an online learning centre using ISOPIA (8 Nov, PRN)
14. Tide of U.S. Collegians Studying Abroad Swells (14 Nov, LA Times)
15. Other news in brief
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1. Global Entrepreneurship Monitor 2000 (21 Nov, Babson School/ London
Business School)
http://www.diehardindian.com/news/news2111.htm#Global
India ranks as the eight most Entrepreneurial country in the world,
according to the Global Entrepreneurship Monitor 2000 study, conducted by a
prestigious group of researchers. India has significant entrepreneurial
assets: a strong educational base, a strong tradition of family business
and a growing respect for first-generation entrepreneurs driven largely by
the growth in the information technology sector.
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2. Reliance Industries top chemical firm in Asia (20 Nov, Asiaweek magazine)
http://www.diehardindian.com/news/news3011.htm#Reliance
Reliance Industries has emerged as the highest profit-making chemical
company in Asia, according to Asiaweek's annual survey of Asia's 1000
largest companies!
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3. Forbes International 800 (16 Nov, Forbes magazine)
http://www.diehardindian.com/news/news3011.htm#Forbes
In the list the 800 largest non-U.S. public companies based on revenues -
India has six companies and China (and Hong Kong) has seven companies.
Japan has 285 companies on this list. Germany has 53 and South Korea has 33
companies in the list of 800 companies.
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4. Will Tech Boom Again? Have We Hit Bottom? (27 Nov, Fortune Cover)
http://www.diehardindian.com/news/news2711.htm#Tech
We got a wide range of opinion from some of the top minds in the business
including Kanwal Rekhi - the godfather of Silicon Valley's Indian community
who was one of the key backers of Exodus. Fortune's stock expert Panelists
pick 12 stocks for the future, out of which 4 are Indian-owned.
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5. Idea marketplace draws attention of Coca-Cola and others (10 Nov, The
Wall Street Journal)
http://www.diehardindian.com/news/news2711.htm#idea
The company, founded by Sanjay Goel, was funded by three Indian-born
entrepreneurs who founded Junglee Corp., a Web comparison-shopping service
sold to Amazon.com Inc. in 1997.
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6. A Maharajah's Festival for Body and Soul (26 Nov, New York Times)
http://www.diehardindian.com/news/news2911.htm#Festival
As an American theater director who has studied Ramlila since 1976, I am
fascinated by its scale, by the attention to detail in its staging,
lighting, scenic design and costuming, by the acting and singing, and by
the convergence of narrative, spectacle, devotion and politics. I have seen
all 31 episodes twice.
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7. As Leaders, Women Rule (20 Nov, Business Week)
http://www.diehardindian.com/news/news2111.htm#Women
"I know I'm going to get a certain quality of work, when I recruit a
female" says Anu Shukla, who recently sold her Web software company RUBRIC
for $390 million
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8. India's New Incarnation (27 Nov, TIME magazine)
http://www.diehardindian.com/news/news3011.htm#Incarnation
As the Internet bridges distances, a protectionist nation seizes the chance
to deliver skills to the world market.
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9. The man who sold Silicon Valley on Giving (27 Nov, Fortune magazine)
http://www.diehardindian.com/news/news2711.htm#Giving
Peter is now trying to tap the wealth of Silicon Valley's 200,000-member
Indian community, with an estimated combined net worth of more than $50
billion. Many immigrants want to support causes in their homeland. Hero
says, but don't have a vehicle for doing so.
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10. $30 b IT-enabling market seen for Indian firms (26 Nov, Goldman Sachs)
http://www.diehardindian.com/news/news2911.htm#IT
THE GLOBAL market for infotech-enabling services is estimated at $585
billion by 2004, of which 5 per cent, or about $30 billion, could go to
Indian companies, according to a Goldman Sachs Global Equity Research
report. The growing deficit of knowledge workers in the US is cited as a
large opportunity for the Indian IT services sector. The number of bachelor
degrees in Computer Science awarded by US universities fell 41.7 per cent
in 1995 to 24,404 from 41,889 in 1986.
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11. Oh? Calcutta? (19 Nov, Los Angeles Times)
http://www.diehardindian.com/news/news2111.htm#Calcutta
The No. 2 city, unjustly overlooked by travelers, is surprisingly enjoyable
as a chapter in an epic human story
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12. In Corner Of County, A Passage To India (23 Nov, Washington Post)
http://www.diehardindian.com/news/news2911.htm#Passage
The first bank in the United States to be owned and operated by the Indian
community, First Liberty's "purpose was to meet the need of the Indian
community because we used to feel a lot of problems getting car or home
loans. So a bank of our own would solve the problems."
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13. Satyam creates an online learning centre using ISOPIA (8 Nov, PRN release)
http://www.diehardindian.com/news/news3011.htm#Satyam
ISOPIA Inc., a leading provider of e-learning infrastructure software, and
Satyam Infoway Limited, India's premier Internet and eCommerce company,
today announced a partnership to launch the first online learning site in
India. Under the partnership agreement, ISOPIA will provide its Integrated
Learning Management System (ILMS™) to Satyam Infoway, India's pioneer in
Business-to-Consumer (B2C) and Business-to-Business (B2B) Internet and
e-commerce solutions.
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14. Tide of U.S. Collegians Studying Abroad Swells (14 Nov, LA Times)
http://www.diehardindian.com/news/news2111.htm#Collegians
The 129,770 American students who got credit for studying abroad last year
constitute a record number. Several factors drive the trend: a search for
ethnic heritage, a wider array of programs, a booming economy and strong
dollar that make living overseas cheaper, and a growing international job
market.
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15. Other news in brief
U.S. FDA approves two Ranbaxy drugs (28 Nov, Reuters)
http://www.diehardindian.com/news/news3011.htm#Ranbaxy
eFunds Opens Major Call Center in India (16 Nov, Morningstar)
http://www.diehardindian.com/news/news3011.htm#eFunds
$2.3b Tellabs establishes R&D Center in India (28 Nov, PRNewswire)
http://www.diehardindian.com/news/news3011.htm#Tellabs
Pigeon 911 (27 Nov, The Washington Post)
http://www.diehardindian.com/news/news2911.htm#Pigeon
Rhythmic Musical Cycles of India Spiced With a Dab of Africa (15 Nov, NY
Times)
http://www.diehardindian.com/news/news2911.htm#Rhythmic
Amazon Elves Are Organizing (20 Nov, Forbes magazine)
http://www.diehardindian.com/news/news3011.htm#Amazon
Karthikeyan to be first Indian to drive Formula 1 - Reuters
India sets ambitious growth rate - New York Times
Indian films flavor of Australian festival - Reuters
India to launch weather satellite - CNN
Shell to invest in retail petrol business - Dow Jones Newswire
ICICI-Prudential to start insurance business in India - Business Wire
http://www.diehardindian.com/news/snippets/snippt11.htm
Best Regards from Die Hard Indians,
Gaurang and Jayshree Damani
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