Firms not prepared for bigger financial crisis/ Fraudulent Wipro employee commits suicide-D Thakkar

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SiliconIndia Daily dose Tuesday, February 23, 2010
Top news Firms not prepared for bigger cost challenges: Survey Even though cost containment remains a high priority, many executives worry about the sustainability of the cost reductions and are not confident that their firms are prepared for bigger cost challenges, which they expect in the coming year. $1 Billion outsourcing deals may come to India As firms in verticals like retail, banking, telecom and utilities try to manage the renewed demand for their services and also lower their operational costs, large outsourcing contracts worth nearly $1 billion may come to India. Indian firms outline succession plans as economy improves Wipro employee involved in embezzlement case commits suicide	Business 3G spectrum auction bid notices by next week India appears to have resolved the contentious issues surrounding the auction of the third generation (3G) spectrum with the notices inviting bids for auction expected next week. HCL Tech inks a deal with Electrolux IT major HCL Technologies has signed a five-year IT infrastructure management contract with home appliances maker Electrolux. Sterlite wins $160 Million power project for northeast AOL to create Tech 'Newsroom of the Future'
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Technology Data thefts cost firms $2 Million a year Trade secrets and customer information thefts costed firms an average of $2 million each last year, according to research conducted by security software maker Symantec. Developing countries may face e-waste crisis: UN If proper electronic-waste recycling is not established in developing countries, they will face serious environmental and public health consequences, says a report by United Nations. Chipmakers next stop: Smartphone market Internet will make you smart or dumb?	Real estate city Buy world's largest 100% fresh air mist air conditioned apartments Super built up area from 800 sqft for 1 BHK & 2800 sqft of 4 BHK villa located at Yelahanka, North Bangalore BMRDA approved Lakeview villa plots at affordable price 30x40, 40x40, 40x60 ranging Rs. 11.70 lakh, ready for registration, Electronic city Bangalore. Residential villa plots at just Rs. 315 per sft 2 BHK villas starting from 10.9 lakhs at Hosur, Ready for registration. Now property buying made easy. Propertykhazana.com (properties at your finger tips)
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Finance HDFC Bank hikes fixed deposit rates by 50-100 bps To bring its deposit rates in line with other market participants, HDFC Bank has increased its fixed deposit rates in the range of 50-100 basis points. Before HDFC Bank, IDBI had hiked the deposit rates. DSP BlackRock World Mining Fund tops MF schemes last week In the week ended February 19, 2010, the open ended DSP BlackRock World Mining Fund has topped MF schemes with a growth rate of 5.33 percent. As on February 19, the net asset value (NAV) of the company is Rs.9.74. Emmbi Polyarns to list on bourses on Feb 24 EdServ Softsystems shares soar 9 percent	Featured communities Health and Fitness association Community for Health and Fitness association, it is the Professional platform to share your knowledge and thoughts about the Health and Fitness. This is the place where you can express your views, thoughts and importance of Health ... Adequate Online Marketing and SEO Its a group of SEO professionals is viewing to establish their on line presence in more areas. Focused on the integration of sponsored and organic search marketing like SEO & PPC which are relevant to the on line marketer.
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Featured institutions International School Of Management Excellence - ISME, Bangalore ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM IBS Icfai Business School - Hyderabad IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.	Magazine Cover Story Building centers of excellence within India, with aggressive acquisitions and partnerships Hanns Windele has laid the genesis for Mentor Graphics to emerge as the top EDA player in the country. Long live the domain, said the Enterprise! A good domain model amplifies re-usability. When we say domain object or entity we are really talking about a context for rules to operate within.
Featured questions How many CEO can work at a time in company? CEO are the brain behind any organization who can take it new heights at any given point of time... Can anybody have their account in RBI? I don't think any individual or firm can open their account with it, its a bank which support...	Humor of the day It's a Small World! George decides to take his boss Sam to play 9 holes on their lunch. While both men are playing excellent they are often held up by two women in front of them moving at a very slow pace. "Who will be the lucky one?" Goldie, a middle aged Jewish woman goes to see a fortune teller. "Two men are madly in love with me!" Goldie says. "Who will be the lucky one?"
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Startup city Remindo: Enhancing Communication siliconindia news bureau Remindo.com which belongs to the Orios group was founded by Rehan yar Khan (CEO, Flora2000.com). Rehan who sits on the board for Druvaa another VC backed IT product firm, is also the founder of the Mumbai chapter of the Indian Angel Network. Trackspends: Tracking personal expenses siliconindia news bureau Trackspends is a Bangalore based startup looking to solve personal finance problem in Indian space mostly around tracking and analyzing personal expenses.	CXO Insights Cloud, Collaborative Apps to Rule the Roost Pradeep Rathinam, CEO of Aditi Technologies The last 12-18 months have made businesses realize the need for better collaboration, greater agility in operations , and better insight into their cost and revenue models. The Collaboration Tipping Point Sudha Valluru, CEO of ViVu Today's business environment is becoming increasingly complex and virtual, making the days of holding office meetings with everyone in attendance, sitting around the conference room table a thing of the past.
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Featured mentors Jitendra Shah CORPORATE STRATEGIST Srinath Krishna CEO Prof Aurnob Roy management consultant world bank	New updates in your account 1 new Communities invitation(s) Your profile is 20% completed The chances of receiving offers and contact requests that match your profile are far higher if you keep all your details on your SiliconIndia profile up-to-date. Profile:Edit
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