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Old 5th February 2008, 22:05   #106
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Originally Posted by gkrishn View Post
I am not sure i can tell the name... but i was positively shocked when i heard this. Its a very very nice gesture, but numbers where in low hundreds.
Why is the name secret ? It is an open forum after all and we are discussing IBM, TCS, Baan and all. Plus you do mention that it was a nice gesture.
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Old 5th February 2008, 22:15   #107
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Sad truth! ill effects of globalization
nah,

just business. you gotta change to survive.
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Old 5th February 2008, 22:55   #108
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May be not !
Cisco to hit 360,000 in next 5 years cheers:!!!
Cisco to increase employees six fold in India - Yahoo! India News
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So is the IT honeymoon in India over?
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Old 5th February 2008, 23:15   #109
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May be not !
Cisco to hit 360,000 in next 5 years cheers:!!!
Cisco to increase employees six fold in India - Yahoo! India News
what are they gonna do with so many ppl? i guess sooner or later, they will be laying off ppl some of these 360k folks..
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Old 5th February 2008, 23:47   #110
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I hate this 'n' fold increases promised everywhere.

not so long ago, indian ministries were going ga ga over expected 2 million IT jobs.

brainless, senseless hypes creating unnecessary hopes for young students.
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Old 7th February 2008, 22:17   #111
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For this doomsday scenario to become realistic, other countries have to buy more goods than US and have to use Euros. US can and will arm twist other countries who trade with US to not use Euros.
But first they have to arm twist the New yorkers...

"Euros Accepted" signs pop up in New York City - Yahoo! News
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Old 7th February 2008, 23:36   #112
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But first they have to arm twist the New yorkers...

"Euros Accepted" signs pop up in New York City - Yahoo! News
That too in Manhattan, of all the places!
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Old 8th February 2008, 11:56   #113
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That too in Manhattan, of all the places!

The biggest threat to USD to come from China and Mid -East. The currently launched Iranian Petro bourse is going to trade on Euros. The chinese holding a huge amount of American Treasury Bonds which they may encash under pressure if the USD goes further on lower levels and others include middle-east, india may follow the suit.

As of today Indian exporters are also started quoting Euros.
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