A recent Wall Street article suggested that there is a bubble in micro finance in India. Though it may sound counter intuitive, it is true. Micro finance began as an non profit, trust based system where poorest of poors pay back because one, they believe that help was provided to them when most needed and two, they did not want to be shamed in front of their other community members So, the borrower returns the money assuming that this money could be used to help others. Now comes private equity.… Continue
Posted on August 20th, 2009 at 5:17pm —
It’s an unprecedented trend and a far cry from the days when B-schools students would change jobs a mere six months after being placed by their institutes. The graduates of the 2009 batch from top B-schools, including the premier Indian Institutes of Management (IIMs) and even the Indian School of Business (ISB), have a different story to tell this year as they continue to upload their resumes on portals even after they have secured jobs during the recently-concluded placements. Not happy with t… Continue
Posted on April 26th, 2009 at 3:00pm —
An interesting article from Patrick Thibodeau in ComputerWorld President Barack Obama has signaled interest in taking up comprehensive immigration reform. And any push for immigration reform is almost certain to include an increase in the H-1B cap. One year ago, I outlined five reasons why the cap will be increased; this is a revised assessment. One: H-1B opponents have no friends in the White House. President Barack Obama has appointed an all-star cast of H-1B and offshore outsourcing support… Continue
Posted on April 16th, 2009 at 6:50pm —
From Christian Science Monitor, Vijaysree Venkatraman writes: When India opened its markets, nearly two decades ago, international media dubbed the developing nation an emerging economic superpower. So visitors to India’s financial capital may be forgiven their confusion when they see shantytowns right next to high-rise buildings. And the sight of grimy children peddling glossy magazines at intersections can be bemusing, to say the least. But the numbers indicate that India is the second fastes… Continue
Posted on April 1st, 2009 at 7:23pm —
IBM is laying off 5000 people in the US and the chances are they are going to hire more people in India. Though H1 visas has been the biggest cause of concern for many unions, the job impact due to H1 is very less compared to off shoring. One of the reasons being that hiring of H1-B visa employees does not lead to cost savings directly whereas the primary purpose of offshoring is cost savings. Having said that, there are other jobs within US that lead to cost savings but are instrumental for US… Continue
Posted on March 29th, 2009 at 8:07am —
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Happy New Year once again!
Cheers!
Deepesh
I actually am enjoying working with you all. I'm glad you liked what we have done so far.
Cheers,
-b