Moving first in Tier II
Business Today has an interesting article on companies that have successfully launched their operations in Tier II cities rather than the metros. It’s not just in China that global retailers…
Going for broke
Business Today has an article on the flurry of deal activity in the stock broking sector. Underlying the frenetic deals in the industry is the realisation that the traditional model…
FirstSource’s acquistion of MedAssist
Businessworld has some numbers on the $330 million acquisition of the US-based healthcare BPO. Louisville-based MedAssist is one of the largest revenue management service providers to the US healthcare industry.…
Can you build a product company in Bangalore?
Riya.com’s winding up of its Bangalore development center has created a lot of discussion online. Now, there’s going to be a interesting panel discussion on the same topic offline at…
Nasscom, ICICI Knowledge Park to launch early-stage fund
NASSCOM and ICICI Knowledge Park have promoted the NASSCOM ICICI Innovation Fund (NIIF) to stimulate technology innovation in India through providing seed capital funding for opportunities in emerging technologies. The…
Old Lane’s performance
Bloomberg has an article on how the Vikram Pandit-founded Old Lane (which was acquired by Citigroup recently) has performed post the sub-prime crisis. Old Lane LP, the hedge-fund firm acquired…
A new model of outsourcing?
Helion Ventures-backed Anatara Solutions has attracted a lot of media buzz including in a Businessweeek column around its “second generation” outsourcing model. Extract from the Businessweek column: They call their…
Filling the “makaan” need of BPO workers
I recently came across an interesting angel-backed company, Woodstock Ambience, which has launched a residential hostel in Bangalore to provide accommodation specifically to bachelors who work at BPO/IT Services companies.…
Organized retail vs. the middlemen
Businessworld has an article providing a spirited defense of organized retail against the violent protests and lobbying by the middlemen. Traditional traders and middlemen are angry about the way organised…