American IT firms fight anti H1 B visa stance of Obama-R s

SiliconIndia Daily dose

Thursday, June 11, 2009
Top news
U.S. President Barack Obama's 'Say no to Bangalore, yes to Buffalo' rhetoric, which has gained strong ground after the introduction of the Durbin-Grassley's anti H-1B visa bill, has failed to accrue support of the American companies.
Internet Services companies in India are one of the largest venture capital [VC] funded companies in India. However, these firms have not delivered as per the expectations of the VCs.
Troubles for scam-hit Satyam Computer Services are far from over. Three of the companies that Satyam had acquired in past are asking for termination of the asset purchase pacts or guarantees on payments due under the agreements.
The usage and benefits of High Speed Packet Access (HSPA) technology was the prime focus at the roundtable press conference conducted by GSMA, the global trade association for the mobile communications industry.
Register for Experience Technology Job Fair on 13 June
Indian equities markets continued their rally for the second consecutive day Wednesday, with a key index shutting shop 339.81 points above its last closing figure.
Tata Power (TATAPOWER) ended the day at Rs 1213.65 gaining by 73.35 after opening at Rs 1160. Yesterday the stock had closed at Rs 1140.30.
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High end luxury Apartments 90 Lakhs onwards
3/4 BHK, BBMP approved, project completed HRBR Banaswadi, off ring road Kalyan Nagar, Bangalore.
Value-added application provider SabSe Technologies, an audio conferencing service provider has acquired Jaxtr, a company that allows users to make free international phone calls via a PC.
More than 700 venture capitalists plan on investing in fewer companies because of the global financial crisis, a global survey said. However many of them plan to increase their funding for cleantech companies.
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