Start 2010 on a positive note
I feel like starting 2010 on a positive note.
TCS reported a third quarter profit of $384m on revenue of $1.64bn for its third financial quarter 2009. This represented 38.9% and 10.3% increases on the previous year respectively. It also recruited almost 13,000 workers. Complete story at Tata results confirm Indian strength.
We are seeing a recovery in the US market to be followed by Europe. The downturn has shown the following:
- Companies using offshoring services have increased the number of Indian consultants than the consultants from local market.
- BRIC countries i.e. Brazil, Russia, India and China are a strong market despite the downturn.
2009 hasn’t been all downhill with exception of Satyam mess. This was of course recovered under new brand Mahindra Satyam. I found a great list – “That was IT in the Year 2009″ with a lot of Indian news.
Media portrait India differently in Sweden today than for 5 years ago. A number of strong business women have been mentioned.
- http://www.e24.se/kvinna/karriar/har-ar-indiens-mediedrottning_1778667.e24
- http://www.e24.se/kvinna/karriar/banbrytaren-nadde-toppen_1764179.e24
India and China will dominate global 2010. We will also hear a lot of the Indian companies opening in China and vice-versa during 2010.
A great year to look forward to.
