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Showing posts from October, 2008

Beyond the Obvious!

In the latest issue of Business Today, a leading business magazine in India, Shalini Dagar and Nitya Varadarajan looks at two Tier II cities making it big in the IT/BPO domain. The first city is Lucknow and the second, as most of you would have guess by now is our very own Coimbatore. In a story titled "Weaving a new story", Nitya notes that Coimbatore has got off to a blazing start, but feels that it needs to maintain its pace over the long-term. Over to the finer details of the article now. "Three years after IT came to Coimbatore, Cognizant Technology Solutions already has 2,200 people in the city in southern Tamil Nadu and is now expanding its presence with a 23-acre techno-complex near Saravanampatti, the town’s IT corridor. “We had the fastest ramp-up in a Tier-II city compared to any other company. In just two years, we grew from zero to 2,200,’’ boasts Vishnu Potty, Vice President & Head of Operations in Coimbatore. Cognizant was the first large IT company to

"False Rumors" - ICICI files FIR

ICICI Bank, whose shares fell more than 10% on Friday amid rumors of its insolvency and going kaput, has lodged an official FIR with the Coimbatore and Mumbai Police. Apparently, a Tirupur based sub-brokerage is behind the rumors!! Never thought the rumour mongers were in my city itself! According to ET reports: "A Tirupur sub-broker associated with a well-known Mumbai-based retail broking firm and a group SMS-sending website are suspected to have generated the malicious rumours that battered the share price of ICICI Bank and unsettled its depositors. ICICI Bank, which filed a police complaint in Coimbatore and Mumbai on Sunday, said a bear cartel of certain high-profile BSE brokers, who have been actively selling the bank’s shares for quite sometime, may have also been behind the rumours. The bank mentioned that the group SMS website www.smsgroupshup.com and another Kerala-based entity called Maya News were active in spreading incorrect information and inducing investors to sell

Spheris Inks Agreement

Spheris, a leading medical documentation company with deep roots in India, announced it has entered into an exclusive, five-year agreement with Community Health Systems Professional Services Corporation (CHS), a subsidiary of US' leading operator of community-based hospitals, to provide medical transcription technology and services to all of its affiliated hospitals. The system-wide transition of the 118 CHS facilities to Spheris' Clarity(TM) suite of technology and services is expected to take place over the next 36 months. This means that by the end of the implementation roll-out, CHS will be outsourcing all of its medical transcription to Spheris, one of the leading global providers of clinical documentation technology and services. Read more

Economics of Smoking Ban!

Kudos to Mr. RamDOSE for bringing about the much needed change that we were all looking for! From October 2, it's a full blanket ban on Smoking at all places! Now, I know a lot of you support and oppose it. Ah, don't bother about my opinion! Let's come to the economics behind this... All the "petty" shops in and around Saravanampatti (where I live & work) which sell Ciggies were closed today or were banned from selling ciggies. The tea shop owners have already started complaining that their Tea/Snack sales have gone down (as people usually tend to smoke when they go for a tea)! But I've just one simple question.. Why not ban ITC from making Ciggies in India?? And when Ciggies are not available, people will automatically transform to other forms, a.k.a dopes (be it hash, gang, or grass). And no one will dare dope in public! See, that's what you call "one stone and two birds"... Are you listening Mr. Dose? PS: What you read above was just frust

Onam Snaps!

From Onam @ Office - 2008 Geez, I guess I should be kicking myself for this... I forgot to link the Onam Celebrations snaps that we had @ KGiSL in Peak Day Blues. And as usual, this time also we had a "Pookalam Competition"... Going by the pictures, the competition was pretty tough this time around! Here's the link!! PS: I was on leave on Onam and hence you can't locate me in the snaps ;-)