Engineering Students Convert Moped into a Race Bike/Is India's IT Supremacy at Stake?-T B Vema

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siliconindia Daily dose Friday, June 24, 2011
Top news Engineering students convert moped into a race bike A group of engineering students have converted a moped into a race bike that can match the world standards. Is India's IT supremacy at stake? The Indian IT industry that enjoys a healthy supremacy in the world market seems to be at stake due to the alarming deficit of engineers - both in number and quality. Top 10 global acquisitions by Indian companies Forbes Asia list out the heroes of Indian Philanthropy	Business No tax returns on salaries up to Rs.5 Lakh Employees who earn up to Rs.5 lakh need not file income tax returns from assessment year 2011-12, an official statement said. Indian IT industry in talks with U.S. on visas The Indian IT industry is in dialogue with the U.S. on the use of visas by companies providing software services to American and global enterprises. 8 HR firms form Indian staffing industry apex body General Motors shelves small car project in India
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Technology Nokia N9 challenges iPhone The launch of Nokia's latest innovation N9 has been sending thunder waves among its primary competitors 'Apple' and 'Google's Android.' Winklevoss twins give up Facebook claim Facebook founder Mark Zuckerberg's former Harvard classmates Cameron and Tyler Winklevoss have decided not to pursue their legal battle against the billionaire CEO. A tap of finger to charge your iPad Tata Technologies opens a global engineering centre in Bangalore	Real estate city 2 & 3 BHK homes, western corridors of Bangalore Sobha Aspire Price starts at Rs. 41.15 lakhs, just 500 meters from metro railway station World's largest apartment complex with 100% natural AC Flats ranging from 700 to 2500 sq.ft. Just 7 min drive from Yelahanka Circle towards Doddaballapur road. 2/3 BHK apartments near Electronic City,Bangalore Premium luxury apartments off. Bellary road, north Bangalore view more Properties
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Finance Indian MF industry needs strong distribution networks: PWC Indian mutual fund industry needs a strong distribution network in order to expand their horizon, says a report by PWC and CII. ICICI Direct enables customers to file I-T returns online ICICI Direct today unveiled a feature that enables customers to electronically file their income tax returns online. Hemani Industries files DRHP for 40 lakh shares IPO IST shares rise by 9.42 percent	Training & Courses IBM Mainframe training from ProEd Training ProEd is an industry leader in providing IBM Mainframe training to retail as well as corporate customers. SOFTDOT Excellence Academic Education Institution New Delhi SOFTDOT offers educational programs in management, Information technology, Diploma Courses, Hardware & Networking Courses Knoture facilitate business and recruitment process Best training institute for Mobile Phone & Laptop Repairing courses
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Humor of the day How to make breakfast. A wife was making a breakfast of fried eggs for her husband. Suddenly her husband burst into the kitchen. "Careful. CAREFUL! Put in some more butter! Oh my goodness! "You're cooking too many at once. Are caterpillars good to eat? Johnny: Daddy, are caterpillars good to eat? Father: Have I not told you never to mention such things during meals! Mother: Why did you say that, Junior? Why did you ask the question? Johnny: It's because I saw one on daddy's lettuce, but now it's gone.	Magazine Vedicsoft: Creating and Delivering Happiness 1999 founded Vedicsoft is setting a strong footprint in the IT services industry with a combination of a strong technology focused offerings and an employee friendly management. SHOSHAA.com: Show Off Now! An online Social & Collaborative Commerce Platform for branded consumer durable products, Shoshaa.com, encourages its consumers to Show Off their purchases. In two months of its launch, the company has 12,000 plus registered users and 19,000 fans.
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Featured institutions International School Of Management Excellence - Bangalore ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management, Major Specialization in Marketing, Finance, HR and Information Technology. IIBS - International Institute of Business Studies The International Institute of Business Studies aims to prepare a global talent engine, capable of bringing success in any business environment.	Startup city Janalakshmi raises $14.4 Million in Series C Funding Bangalore-based Janalakshmi Financial Services, a micro-lender, raises close to 650 million ($14.4 million) in series C funding, led by Citi Venture Capital International (CVCI). Other existing investors also participated in the funding. CaratLane raises $6 Million from Tiger Global Management Chennai-based CatatLane, a jewellery e-commerce business, has raised $6 million from New York-based Tiger Global Management. The fund will be used to supplement its business to develop a larger national and international presence of the company.
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CXO Insights The Changing Role of Small & Medium Enterprises in Aerospace Industry Nihar Samantaray, CEO, Ignis Technology Solutions There is a need to mitigate the common challenges faced by SMEs, like credit shortage, through urgent policy interventions by government to support SMEs, which in turn will sustain and enhance the business competitiveness. India: Where Lies the Next Big Investment Opportunity? Rajesh Subramaniam, Managing Director (India), Walden International A vibrant economy, 1.1 billion people, a burgeoning middle class, 8 percent sustainable growth, robust legal and regulatory framework, and an entrepreneurial community continuingly looking to innovate make India an extremely promising investment destination	Featured questions What do you mean by Entrepreneurship? Entrepreneur is a person who starts an enterprise. The process of creation is called entrepreneurship. The entrepreneur is the actor and entrepreneurship is the act. The outcome of the actor and the act is called the enterprise. Do social media helps business? The era of Madison Avenue style of marketing is over. How m any of you really watch advertisements in the TV and flashing banners on the web page? Customer is no more be hypnotized by "Just Do It" from Nike or "One Drive" from Ford. Now people are living as tribes virtually on the internet and they talk or tweet and engage into before make a decision to buy any gadgets.
Blogs: Editor's choice TEDtalk on Moral Operating System How to choose between business benefits vs Morally correct Technology? I came across a nice TEDtalk for which you will need to visit TED.com How to invest in Indian stock market? Investing in Indian stock market is the best way to build wealth. However, many people are wary of the stock market as they think stock investment is a risky investment. Stock investments are risky, but if investment is made in the right stocks and in a proper manner.	Featured communities Technology in Education Today technology is important for life. To get them more knowledge about technology this community has created. Science and Technology Welcome to the realm of science. It is the only place where we can find the answer to the most difficult question asked ever-what is the Ultimate Truth? Well, answering that is still a long way but at least we should start with the basic route.
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