Showing posts with label India rising. Show all posts
Showing posts with label India rising. Show all posts

Saturday, January 9, 2010

Next Bill Gates could be from India!

Washington : A sizeable number of Americans believe that the next Bill Gates would come from India or China as the two Asian giants are fast marching ahead on the global platform, a new US survey has revealed. "When asked where the 'next Bill Gates will come from,' 40 per cent of Americans predicted either India or China," said a national survey released by the Consumer Electronics Association (CEA) on the sidelines of the world's largest consumer technology tradeshow at Las Vegas.

The vast majority of them, about 96 per cent, believe that innovation was critical to the future success of the US as a world economic leader but they were concerned that the rising federal deficit would jeopardize prosperity of future generations, the survey said.

The economic survey, conducted by Zogby International, found that 68 per cent of Americans think innovation was key to the future success of their place of employment, with 50 per cent maintaining that innovation was important for their job remaining in the US.

After the World Economic Forum reported that the US has lost its global competitiveness ranking while India, China and Brazil have gained, 74 per cent of Americans said it was unlikely the US would regain its status next year.

Monday, October 19, 2009

RIL among top 25 Global Champions

India's most valued company, Reliance Industries, has been named among the top 25 global champions for 2009 which managed to outperform the competition in midst of meltdown in the financial markets. Reliance Industries is the only Indian company in the 25 A T Kearney Global Champions for 2009 list, which has been topped by Japanese firm Nintendo, followed by US-based Google and Apple at the second and the third positions respectively.

Even as the proportion of companies headquartered in emerging countries has dropped from 40 per cent in 2008 to less than a third (33 per cent) in this year's list, Reliance Industries along with Mexico's America Movil managed to maintain their status as Global Champions, A T Kearney said. RIL has been ranked in the 11th position ahead of global biggies like Jacobs Engineering, World Fuel Services, ABB, Amazon.com and America Movil.

The list includes firms which managed to outperform the competition in the midst of the meltdown in the financial markets, as they combined long-range strategic planning with nimble execution. "The financial crisis has greatly accelerated the rate of change in underlying global business conditions. Companies that were able to align a disciplined growth-oriented strategy to the transformed economic landscape were the ones that dominated," A T Kearney chairman and managing officer Paul Laudicina said.