Summit Notebook

from Abhiram Nandakumar:

Stories of intuition and hope

November 23, 2011

Infosys’ head honcho S.D. Shibulal revealed he is an INTJ type.  It is hardly surprising then that Shibu, as he likes to be called, was one of the pioneers of the Global Delivery Model – corporate speak for outsourced IT services.

from Abhiram Nandakumar:

A garage, a beaker and a Bunsen burner

November 23, 2011

Kiran Mazumdar-Shaw, one of India’s most influential businesswomen and among the world’s most powerful women, says she’s an accidental entrepreneur.

from Sakthi Prasad:

Real Estate – To invest or not

September 29, 2010

Abhijit Mukherjee of Dr Reddy'sEveryone of us has our own ideas about a dream home and usually wonder if it makes a good investment or not. 

from Sakthi Prasad:

The brave new world of Ideas

September 29, 2010

Rostow Ravanan of MindtreeThe world was built on ideas and in the absence of innovation, mankind would have continued to live in stone age.

from Sakthi Prasad:

New Contracts are like honeymoon

September 29, 2010

L.Ravichandran of Tech MahindraAs the old adage goes, it is easy to build a new house as compared to remodeling an old one. If one would like to extend this adage to the new-age IT industry, then we could use what L. Ravichandran, president, IT Services of Tech Mahindra, told the Journalists at Reuters India Investment Summit in Bangalore: it is easy to negotiate new contracts with the clients rather than renegotiating old ones. He likened the new contracts to that of a honeymoon -- both the customer and the service provider are happy. But, of course, he did not extend his metaphor to old contracts by likening it to a marriage gone vinegary.

from Sakthi Prasad:

Old business in New bottle

September 29, 2010

J.C. Sharma of Sobha DevelopersWhen the term “real estate” is mentioned, people immediately get images of bricks, cement, sand, gravel, dusty construction sites and so on. And the business is rightfully termed as “brick-and-mortar” or categorized as “old economy.”

from Sakthi Prasad:

India Investment Summit comes to Bangalore

September 28, 2010
After completing the Mumbai leg, the 2010 India Investment Summit is set to arrive in the garden city of Bangalore on Wednesday. Long known as the pensioner’s paradise, Bangalore is fast morphing into a global, multicultural city. The city is also emerging as a favourite destination among young Indian professionals aspiring for a blue-chip career in the information technology business. But despite Bangalore’s success in the IT industry -- the showpiece of a rising India -- the city’s infrastructure has not been able to keep pace with its phenomenal growth over the last decade or so. Frequent power cuts, traffic-choked roads and lax urban planning often leave city dwellers and foreign investors in mute frustration. However, despite these issues, multinational companies have kept their faith in the city.

Executives of real estate, technology and pharmaceutical firms will be exclusively talking to Reuters journalists about their companies’ growth plans, challenges they face and business opportunities that are available within the wider context of India investment story.

A bubble in the real estate market?

September 27, 2010

INDIA-URBANISATION/Have you tried buying or renting a house in Mumbai recently? If so, then I won’t be surprised if you think real estate prices are plain expensive, and incredibly so. But that’s almost always been the case in India’s commercial capital. After all, when was the last time someone told you they got a cheap house in the city?

Paranoid governments and conspiracy theories

September 27, 2010
Adi Godrej

Adi Godrej

Adi Godrej, who marshals his namesake $2.5 billion diversified group, believes the Indian government is “paranoid” about the possible effects of allowing more foreign investments into sectors such as airlines.

Infrastructure still top-of-mind in India

September 24, 2010

INDIA/
On Monday, we kick-off the 2010 India Investment Summit. We’ll have exclusive interviews in Mumbai and Bangalore. In 2006 we held the first Reuters India Investment Summit. It was my first time in India. I’ve had the privilege to return every year. How time flies. Here we are four years later. Some of the key players may have changed but the big, over-arching theme is still the same: Infrastructure. It’s the key to realizing the country’s potential but bureaucracy, tough financing and hesitant overseas investment have slowed development in the sector, calling into question the future of India as a powerhouse.