25 Business Capsules

Date : 15th May, 2008

1. In 2006 the total revenue from IT services worldwide was $677 billion.

2. Revenue from IT services all over the world in 2007 was $748 billion.

3. India’s top six IT companies are:

TCS
Infosys
Wipro
Satyam
HCL
Cognizant

4. Market share of these six Indian IT companies in the global IT service sector grew from 1.9 percent to 2.4 percent.

5. Market share of US IT companies in the world IT service sector is 55.4 percent.

6. Research in Motion, provider of BlackBerry services, may allow the Indian government to monitor non-corporate e-mails.

7. The present row started when the revenue intelligence of India where not able to track the deal between the terrorists and the hawala dealers because of the use of BlackBerry devices.

8. RIM, a Canada based firm, operates in 135 countries.

9. In India RIM has around 1, 14,000 customers.

10. BlackBerry services in India are provided by Bharti Airtel, Vodafone, Reliance Communications and BPL Mobile.

11. India has been ranked 29th among the list of 55 countries assessed for competitiveness by IMD, a business school of Switzerland.

12. There were 331 competitiveness criteria set up by IMD with 4 basic parameters viz. government efficiency, economic performance, infrastructure and business efficiency.

13. India fares worst in infrastructure but fares well in the other three parameters.

14. The demand for natural gas in India will increase to 270 million cubic metres daily by 2020-a three fold increase.

15. 200 million cubic metres will be met from the existing domestic and foreign reserves.

16. At present India has contract with Qatar for the supply of natural gas.

17. Some of the other alternatives being explored by India for the supply of natural gas are:

· Iran-Pakistan-India Pipeline,

· Turkmenistan-Afghanistan-Pakistan-India Pipeline

· Imports from Myanmar

18. There are 15.65 lakh frozen demat accounts (April, 2008) in India for want of PAN card details.


19. Low plantation of sugarcane crops in the Indian states of Uttar Pradesh and Maharashtra may hamper the supply of sugarcane to the sugar mills in 2008-09.

20. Farmers prefer wheat, paddy, pulses and cotton to sugarcane as the return on these crops are higher.

21. Moreover sugarcane mill owners have soon apathy in the past in the payments to the farmers, so there is no incentive for the farmers to go for cane plantation.

22. Ready Mix Concrete (RMC) business of Larsen and Toubro (L&T) has been acquired by Lafarge for $349 million.

23. The deal will make Lafarge India’s number one RMC maker.

24. Lafarge is the second largest cement maker of the world.

25. The company is based in France.



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