The first indoor (enclosed and air conditioned) shopping mall in India, Ansal Plaza New Delhi, opened in 1999 and since then approximately 250 other such malls have sprung up across the country. Compared to United States, an interesting thread is the development of specialized malls. In Vasant Kunj, New Delhi...
IT employs 2.8 million Indians today and expects revenues of $225 billion by 2012
My friend Som Mittal used to run Hewlett Packard's India operations from Bangalore. Upon "retirement" he took over as the President of India's National Association of Software and Service Companies or Nasscom and moved to New Delhi. Som was three years ahead of me in undergraduate school and I've met...
India Fighter Contract, Gunjan Bagla quoted in the Financial Times and Aviation Week
The Financial Times of London carried a full length feature story (February 6 and 7) on how the Eurofighter Typhoon lost the bid to the French-made Rafale in a contest that has lasted over five years and will cost between $10 billion and $20 billion over the life of the...
President Obama appoints Hindi speaking Ambassador to India
Former Congressman Dr. Tim Roemer is returning to the USA from his two years as the US Ambassador to India. Replacing him in New Delhi will be Los Angeles native and bow-tie wearing Dr. A. Peter Burleigh. A distinguished career U.S. Foreign Service officer who served as Ambassador and Deputy...
Amorphous Silicon based solar plant commissioned in Tamil Nadu
The world's second largest maker of blank CDs and DVDs is an Indian company named Moser Baer; it has recently diversified into selling (and some instances producing) movies and also launched a solar photo-voltaic business. Located near New Delhi the company is venture and private equity funded. Its unit, Moser...
CIA Chief Panetta spends week in New Delhi, after visiting Pakistan
Leon Panetta, Director of the United States Central Intelligence Agency (CIA) was in India for nearly a week during which he met India's Union Home Minister P. Chidambaram and senior officials ahead of the visit of American President Barack Obama next month. He was accompanied by U.S. Ambassador Timothy J. ...