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Google announced that their Unique Visitor traffic to all their sites combined in March 2007 was 528 Million. 1 Million more than Microsoft.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/04/25/GOOGLE.TMP&feed=rss.news

In Its Match With China, India Penalizes Its Own Team
By NICHOLAS D. KRISTOF

Published: April 24, 2007, NYT

Until India’s economic boom becomes much more broadly based, the country won’t achieve a fraction of what it should.

You can watch the video at this link: http://video.on.nytimes.com/?fr_story=111c852f7c4c8dfef62dca3a791df9a4aa9ba49d

To read the column or post a comment, you need to be a NYT TimesSelect subscriber http://select.nytimes.com/pages/timesselect/index.html?mkt=tstdytb

As a Web 2.0 (huh?) company, I am frequently asked by people what Web 2.0 is all about. The people in India ask me in Hindi (as in the title of this post).

Web 2.0 is many things - the second coming of "the web" after the fascinating "no revenue, lot of funding" bust of 2001, a platform , a connected network of applications that on their own and collectively transform how we do what we do - and none of these things.

Perhaps the most comprehensive and satisfying (ahh) explanation is Tim O'Reilly's from his Web 2.0 conference in 2004.

Here is a Link - http://www.oreilly.com/lpt/a/6228

TiE Boston is creating a new Special Interest Group (SIG) to focus on Outsourcing, Offshoring, IT Services and BPO. The official announcement will be made in a week.

Yours truly will chair the SIG, and we hope to create some interesting networking, education and thought sharing forums under this SIG. Watch this space

by Anand Giridharadas, in The International Herald Tribune of April 3, 2007

An Absolute Must Read for everybody who wants to see where ITO/BPO and the Offshore movement is headed

BANGALORE, India: Outsourcing is breaking out of the back office. Until recently, the migration of service industry jobs from the West to places like India seemed to obey an unwritten law: Low-skill clerical and programming tasks would leave the developed economies, while high-end careers requiring graduate degrees and commanding six-figure salaries would stay behind.

While call centers and software houses closed in the West, often leaving their workers scrounging for employment, professionals in fields like aeronautical engineering, investment banking and drug research likely believed they had nothing to worry about.

Quietly, but steadily, that is changing. High-skilled jobs in those very fields, which once epitomized the competitiveness of Western economies, are flowing to India. The pool of jobs once thought to be impossible to outsource is gradually evaporating.

Boeing and Airbus now employ hundreds of Indians on critical tasks, including the design of next-generation cockpits and systems to prevent airborne collisions. For about one-fifth the cost, investment banks like Morgan Stanley are hiring Indians to analyze U.S. stocks, a job that can pay $200,000 a year or more on Wall Street

Eli Lilly, the U.S. drug maker, recently handed over a promising molecule it discovered to an Indian company, Nicholas Piramal, which will be paid $500,000 to $1.5 million a year per scientist for at least two years of work readying the drug for commercial use.

And with multinationals employing tens of thousands of Indians, some are beginning to treat the country like a second headquarters, sending senior executives with global responsibilities to work from India.

Cisco Systems, a maker of communications equipment, has mandated that 20 percent of its top talent be in India within five years. The company recently moved one of its five highest-ranking executives, Wim Elfrink, to Bangalore as its chief globalization officer.

"There is no job that is done in Cisco that a guy in India can't do," said Samu Devarajan, a Cisco managing director in Bangalore. "If this theater becomes successful and grows the way we want it to grow, I see no reason why the CEO of Cisco couldn't sit in India."

Accenture, the global consulting giant, has its worldwide head of business-process outsourcing in Bangalore. By December, it will have more employees in India than in the United States.

.... continue to read the rest of the article here