Prominent US-based IT businessman and philanthropist Romesh Wadhwani doesn’t have a high opinion of Indian research. In India last week to inaugurate a laboratory that he is funding, he expressed delight with the talent available in the country but was unhappy about the poor infrastructure and the quality of research resulting from it. “Much of the research happening is not just boring, but outright depressing,” he was heard saying. That prompted one researcher to comment that, hopefully, Wadhwani’s high opinion of researchers won’t change — at least for the five years over which he is providing the Rs 7.5 crore towards research at the lab.
After inaugurating the Centralised Processing Cell (CPC) for Tax Deducted at Source in Ghaziabad last week, Finance Minister P Chidambaram planted a ...
Dollar revenue up 4% q-o-q, with a number of new big deals
Performance, lower than expected, needs to be looked at in the context of a challenging environment