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Tag Archives: wal-mart

India Inc shining again!

Things are suddenly looking for bright for India Inc. A delegation from Ohio is here to invite Infosys to set up a shop in Cincinnati. TCS has already set up a development centre in Cincinnati. Their intention is to bring Americans back to the technical fields, create employment and boost the economy. I think the world has come full circle. Not too far back in the memory lane, everybody in the US is crying about outsourcing. There is also a popular slogan “you have been Bangalored” in the US. Now Indian IT companies are coming to rescue the US markets. By opening up new development centers and winning their outsourcing contracts India is indispensable to the US and the world. A US bank, Union bank of California has awarded a contract worth $15 bn to Infosys. Infosys has to race with one more vendor to win the contract. That vendor is TCS. When Obama is talking against outsourcing, this California bank has invited only two vendors (both Indian) and reached an agreement. Why did this bank not invite more bids? Is it the reputation of the Indian companies that sent other companies into the oblivion? Whatever it is, this is one more reassurance that outsourcing and India are inseparable.

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Reliance Retail winning battle against Bharti- Walmart !


Last year I had written about interesting Test match between 2 retail giants who had announced their plans to open hundreds of stores across India.

Reliance Industries logoBharti LogoWalmart Logo

Bharti Wal-Mart had announced their wholesale cash-and-carry and back-end supply chain management operations in India. Close to their heels, Reliance Retail has announced their plan of entering the same business segment with plans of supplying to kirana stores and institutional buyers.

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