Shruti Speak's

I was reading an article in Economic times Economic Times . It said in 2000, application development was dominating Indian industry, after that three new ideas, each of them billion dollar plus ideas came up. One was engineering outsourcing, second was BPO led largely by small entrepreneurs outside IT and the third was remote infrastructure management. We have to admit that the world has changed, and there are significant threats and significant amounts of opportunities. So instead of waiting for the golden old days we need to adapt to the changing world.

While reading economic times I found that the Italian professor has come up with Volunia which he hope will challenge the US technology giant. The same computer prifessor came up with the "Hyper Search" algorithm in 1990's. It has been told that this new site allows users to view the components of particular websites to find the subject of interest more quickly and to interact with registered users who might be looking at the same web pages. I have added my e-mail ID to the list of power users. Lets c if I am able to get chance to use it as power user before it gets public.

Source:Economic Times Status if Indan e-commerce industry While reading a article in e-conomic times (http://articles.economictimes.indiatimes.com/2012-02-21/news/31083025_1_e-commerce-letsbuy-online-retailers) titled " India's e-commerce industry braces for consolidation as stronger online retailers gobble up minnows" I found that Indian e-commerce industry has reached 10 million mark. The world's largest online retailer, Amazon, is preparing for entry into India and the market separating the strong from the weak. India's best-known and stronger online retailers are taking the lead in the consolidation race. There will be couple of multi-product generalists said Prashanth Prakash, a partner at venture capital fund Accel Partners, whose investments include Flipkart and Letsbuy. Online stores in India sell from books to travel experiences. There is price wars and high customer acquisition costs. Leaders which have been able to the raise ...