Summit Notebook

Audio – Meltdown Melodrama

November 25, 2008

Hollywood and Bollywood screenwriters must beware. Their creativity stands no chance against the “cataclysmic” global financial crisis’ talent for script writing if Infosys BPO’s Anantha Radhakrishnan is to be believed.

Audio – Still holding out

November 25, 2008

One would expect a top executive of the world’s largest software services provider to hang out with the latest gadgets. Sandip Patel, Managing Partner for IBM Global Business Services in South Asia, seems to be quite the contrarian.

Audio – Bitter-sweet flavors

November 25, 2008

As the global economic turmoil rages on and shows no sign of abating, Genpact Chief Executive Pramod Bhasin believes “wait and watch” is the flavour of the season for business process outsourcing firms.

Audio – Opportunistic youth and the works

November 25, 2008

It’s not just the global economic crisis that is weighing on Genpact Chief Executive Pramod Bhasin’s mind, but also several home-grown concerns.

Welcome to the 2008 India Investment Summit

November 24, 2008

India has seen 9 percent-plus economic growth for the past three years and many thought it would remain relatively immune to the global financial crisis and the subsequent slowdown. But its stock market has tumbled 50 percent this year and all the signs point to a sharper slowdown than most were anticipating.
Corporate expansion plans, capital raising and partial privatisations by the government have all had to go on hold as investors, foreign and domestic, have run scared before the storm which has ripped through financial markets worldwide. Politicians too face a tough year, with national elections due in early 2009 and millions of voters for whom a first car, apartment or refrigerator is once again moving out of reach. 
What does all this mean for India’s transformation into an Asian powerhouse? Will it set the country’s infrastructure and commercial development back several years or is it just a blip?
Some of the country’s most influential figures will discuss these topics and their own firms’ plans to ride out the slowdown at the Reuters India Investment Summit, which will generate a package of exclusive stories, online videos, blogs and analysis.

No recovery seen for former high-flyer India

November 13, 2008

By Tony Munroe

When markets boomed, India’s star was shining bright and deals were plentiful, but the hard landing means any recovery will be painfully slow.

Exotic trades? No way!

November 13, 2008

By Jeffrey Hodgson

Increasingly risk-averse hedge fund managers are in no mood to chase exotic trades as they scramble to boost returns.