//Dil Se Desi// BizNews - 18 October, 2006

18 October, 2006 Edition: 58 Vol: II   A fortnightly news digest on India, covering important economic and business developments High Commission of India, London Printable Format Outsourcing | Investments | Economics | Spotlight | Upcoming Events | Comments & Opinions Outsourcing Indian e-tutors click with American kids Boston : Private tutors are a luxury many American families cannot afford, costing anywhere between $25 to $100 an hour. But California mother Denise Robison found one online for $2.50 an hour - in India. Source : Economic Times Full Article : Click Here Global majors warm up to Indian architects New Delhi : Even before India realises its potential in technical services, a fast-emerging niche is poised to make the long-term outsourcing promise much more attractive. Source : Economic Times Full Article : Click Here After BPO, it's the turn of ESO New Delhi : "Educational Services Outsourcing (ESO) definitely seems to be the next 'in-thing. Education is a growing sector and the demand for Indian educators is on the rise. Source : Financial Express Full Article : Click Here Dolphin Offshore to set up JV with German based co Mumbai : The city-based Dolphin Offshore Enterprises India Ltd on Friday said it will set up a Joint Venture company with Germany-based IMPaC Offshore engineering, GmbH. Source : Economic Times Full Article : Click Here   Investments POSCO to join in Indian railway project Seoul/Bhubaneshwar : South Korea's POSCO Co Ltd said on Wednesday it will invest $6.1 million in an Indian railway project, connecting its steel plant in Orissa to a nearby port. Source : Financial Express Full Article : Click Here British aviation industry eyeing business with India New Delhi : Eyeing the growing aviation sector in India, a delegation of British aviation industry representatives is on a four-day visit to the country to establish new business relationships. Source : Hindustan Times Full Article : Click Here Genisys Software keen on buyouts in UK, India Bangalore : Genisys Software, the ITeS unit of $65 million, UK-headquartered Genisys Group, is scouting for buyouts in UK and India. It is targeting SMBs with revenues of $5-10 million. Source : Times of India Full Article : Click Here Mallya eyes tie-ups with Scotch lobby Bangalore/Mumbai : The UB Group chairman is seen jetting into meetings with the top echelons of the global drinks giants to take the Scotch lobby on his side. Source : Economic Times Full Article : Click Here Economics    Economic reforms in India on course New York : Stressing that economic reforms in India are on course, Commerce and Industry Minister Kamal Nath has said the process is driven by political consensus and global realities. Source : Financial Express Full Article : Click Here    Infosys on a roll, up 51% in Q2 Mumbai : IT major Infosys Technologies Ltd on Wednesday posted a 51.35 per cent increase in net profit after tax and exceptional items at Rs 896 crore for the quarter ended September 30. Source : Financial Express Full Article : Click Here Spotlight India's incredible tourism story only gets better India : Global recognition is evident from the rising number of India-bound tourists. From just 17,000 international arrivals in 1951, the number has grown to 39 lakh in 2005. Source : Hindustan Times Full Article : Click Here Fat cats: India has 83,000 millionaires Mumbai : Buoyant economic conditions and robust domestic stock market performance over the last couple of years has resulted in a rapid growth of India's population of high net worth individuals. Source : Economic Times Full Article : Click Here   Upcoming Events Intermediate Concepts of CMMI 6 - 10 November 2006 Venue - Bangalore Click Here For More Comments & Opinions    Indian women power rules Fortune list London : Three Indian women-- ICICI bank's Executive Director Chanda Kochhar, HSBC India CEO Naina Lal Kidwai and Biocon head Kiran Mazumdar-Shaw have been named among the world's 50 most powerful businesswomen. Source : Financial Express Full Article : Click Here    Indian businesses going global India : Global business finally accepts Indian companies can acquire and successfully manage global assets. This is based on one premise. "India is slowly emerging as an economic superpower." Source : Hindustan Times Full Article : Click Here

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