A week after B. Ramalinga Raju made his famous confessions of committing a US$1.
India: Its size, its people, its coming of age.
Swati Prasad is a New Delhi-based freelance journalist who spent much of the mid-1990s and 2000s covering brick-and-mortar industries for some of India's leading publications. Seven years back when she took to freelancing, India was at the peak of its "outsourcing hub" glory and the world of Indian IT, telecom and Internet fascinated her. A self-proclaimed technophobic, Swati loves to report on anything that's remotely alien to her--be it cloud computing, telecom, BPOs, social media, e-government or software and hardware, and also how high-tech sectors impact the Indian economy.
In Sanskrit, Satyam means truth. But what we saw today was quite the contrary.
We are left with very few hours of 2008--a rather volatile and difficult year for most of us. I have been meeting quite a few people of late--business tycoons, fund managers, senior executives at multinational firms, consultants and lots of ordinary salaried workers belonging to varied industries.
The world is today talking about Mumbai and the 60 hours of terror the whole of India lived in last week. It's truly shaken us as a nation.
Over the years, I have realized that when it comes to technology, the world can be divided into two kinds of people (no, I am not referring to the digital divide): One, the gadget freaks (who will save, beg or borrow to buy their dream gadget); and two, the wiser ones--who want value for money, and couldn't care less about brands and the latest gizmos in town.If you invest in expensive gadgets, you are exposed to threats from the 3Ts-–tumbling value, thieves and technology.
This has been the quietest Diwali that I can recall. Maybe the one in 1929 was equally bad, but then, I don't know anyone who was alive then to recall "Diwali in the year of the Great Depression".
The U.S. of A has had a special place in the hearts of urban Indians.
Now that it's proven that Uncle Sam is in poor financial health, everyone's been wondering what this means for India. Even when India was a protected economy, whenever something happened in the United States, we felt the ripples (if not the tremors) back here.
The new media is growing mightier by the day, and bloggers are the new pressure group in the virtual world. That's also true of a country like India where both Internet penetration and literacy rates are comparatively low.
Nine months back, when the Tata group chairman Ratan Tata unveiled the US$2,500 small car--Tata Nano--all eyes had turned to India. His Indica, branded as Rover in the U.