Hello youngs, it's your Uncle Drunky. Today, I'd like to talk about my various experiences with the three (country), Inc., as the western press seems to like to 'brand' these folks. First, I'll talk about the granddaddy, Japan, Inc. and how they were going to overrun us in the mid 80s to early 90s, how they fizzled, and where they are now. Then I'll do the same with the other two. So sorry for any oversimplifications, but hey this is the 20,000 foot view-- look all this stuff up yourself if you don't believe me.
**
Japan rose from literally NOTHING after the war to an economic powerhouse literally by force of groupthink will. It also didn't hurt that their people having a 40%+ savings rate gave them what continues to be a strong currency against everything else in the world -- second only to the Euro. With this strong currency, in the 90s they 'outsourced' their auto operations and started snapping up US property at bargain basement (to them) prices. Remember Crichton's 'Rising Sun' and all that hoo-haa?
But this boom wasn't built to last. A good chunk of their money was derived via uh, 'collaboration' with the Japanese Mafia, aka the Yakuza. You have to understand that the Yakuza are integral to Japanese society. And they are REALLY intertwined in the banking and construction industries. And probably the other ones as well. Anyway, Japan blew an economic bubble, their real estate and stock markets crashed, and most Japanese these days are living on a combination of their savings reserves and underemployment. This is their lost decade. And they're crawling out of the muck. The fact that all that overwork and 'economic animal' competition cratered their birthrate is another problem they're trying to recover from.
Despite all this, you have to have some respect for a country that has half the population of the USA crammed into the size of California. That's mostly mountainous. They kicked ass before, they'll do it again.
**
China is actually TWO CHINAS (actually more if you include the other Dragons). Taiwan ROC (Republic of China) is something the Mainland (the PRC, the 'People's Republic of China, what a misnomer) treats with kid gloves, basically because there are a lot of relatives on either side of the strait. Both of these Chinas consider the other the subordinate part of itself. The PRC still kinda can't get their act together, but as long as the smaller brother doesn't get too uppity it doesn't care to. There's also the same question with the other 'special economic zones' that it doesn't want to kill the goose that lays the egg.
Taiwan, believe it or not, is a lot like Japan. And yes, they are as cutting edge as the Japanese are. Did I mention that the Nationalists (ROC) and the Communists (PRC) fought the Japanese for over 10 years from the 30s? And won?
Mainland China is the world's manufacturer, even of tech hardware. Their currency is stupid cheap which is why the west outsources to them. The have a number of problems with consumer safety (lead paint, mercury etal), but their main problem is intellectual theft. If you employ the Chinese, you'll get good productivity, but expect your technology to be stolen, because employees are EXPECTED to report to the government what they are working on and 'transfer' that tech to the government. The Google.CN thing is NOTHING NEW to old asia hands. So is your random guy working on proprietary hardware taking a balcony dive when prototypes go missing. There's much hidden in China that will come to light as more Americans go East. 50% of their quality productivity is spying should tell you something, especially when compared to our Indian friends.
But make no mistake: like the Japanese before them the Chinese are in this for the long term and they're in it to win.
It also helps and is to our detriment that they hold about 25% of the US national debt. So we're long term partners unless our (the United States) politicians do something insanely stupid. Like 10 years ago... Regardless, all this stuff in the press about China running out of steam is poppycock. China has depth, and more importantly, the population to power out of anything, economic or otherwise. Just bear in mind all of your 'Intellectual Property' are belong to THEM.
**
Now we get to the bottom of the pile, the Indians. By the bhagwan, where do I start? India is a country that's NEVER gotten its act together, even after independence from the British. They have now, more than 3x the population of their nearest contentious neighbor, Pakistan, and despite that, have been fought to a standstill. Most of their country isn't even controlled by the government in the way the United States or China really is, and hasn't since the Brits left.
But what control there is is exerted by the disingenuous upper caste Desis. The Upper Caste is the face and conduct of India. Never forget that.
Basically, Indians have the reputation of being the con men of the Asias (NE, SE, South). Even in their own country corruption and graft rule. In other countries in NE or SE Asia, they're marginalized into ghettos and basically ply some trade other than 'Informations Technology' -- tailor comes to mind, I saw a lot of those in SE Asia --and if they keep a low profile then they don't get expelled, as they have been from NE Asia from time to time..
The whole caste system of light skin good, dark skin bad has allowed them to alternately exploit their 'lower castes' for thousands of years, or be exploited by lighter skinned westerners.
Most of their 'educational institutions like University of Hyderabad, despite what the Desi upper caste types say, are no better than the average community college in a small town in the American midwest. There's the common practice of 'if you know what the acronym means, it goes on your CV' that leads to a ream of CVs of 22 years old having 20 years of 'experience'. Or, that conning the rich, stupid invariable white manager is an innovative business system.
Up until recently, outsourcing and offshoring to India was stupid cheap, and the rash of copypasta'd resumes really didn't matter to the equally corrupt Boomer middle managers in the private sector. But now, from what I've been hearing, the Indians are beginning to cost 'clients' money, and the recent actions by the corrupt judges in New Jersey to stifle 1st (and 2nd) Amendment rights is bringing to light the common practices of bribery and graft that has been prevalent not only back east in the USA, but equally so in India for as long as India has been India. Nice perfect storm of corruption, no? But getting back to our Desi friends...
In short, the upper caste Indians are doing what they've done with every country they've tried to 'overrun' -- wearing out their welcome. I really can't blame the lower caste folks because they really don't have the will to cross those in power, the 'fair & white' Desis.
Their weakness is the same weakness they've always had. Lower caste groups get bossed by the upper caste types until they're collectively bashed on or kicked out of the host country. The whole 'Indus Superiority' complex doesn't help.
**
As you kinda figured out, there are two nationalities that I just WILL NOT do business with. One is Nigerians, and the other is Desi Indians. Seriously, the Desis are the 419 scammers of all Asia. That's why when they came in in the late 90s to early 00s cutting deals, I was in disbelief, because most of the CVs that I saw read like these 419 scam emails in resume format. Heck, they still do. Sorry Indian folks, but just because you know what HTML stands for doesn't mean you get to put it on your resume.
**
So how do the 'Incs' regard each other? Japan and China have a big love/hate on each other. Memories are LONG. That's what you should take away from any dealing with NE Asia. China looks to Japan for IT guidance, a lot of their data processing was invented in Japan and has been adapted to Chinese use.
Japan and China kind of regard India with disdain. India tried to make a play at China in 1962, and China squished them like a BUG. And of course, China is now mediating the India - Pakistan thing.
I see China and India in a conflict within 5-10 years. You don't build up two former enemies (one financing your debt, the other you just hand over your tech industry to) unless there's some punchline at the end of the joke. And I see a lot of wealth and human life being destroyed in South Asia in the 2010s, in much the same way it was destroyed in Europe in the 1910s for much the same reason.
It really doesn't help that India thinks they're the equal of everyone. Or, should I say, the Desis do, and they're the face of India. Until the lower castes figure out that this is what's been holding India back for 100s of years, India will be in the same or worse shape 10 or even 100 years from now.
Where does the USA figure into this? Well, right now we're displacing a couple million Americans with offshore / outsourcing by paying these yobs pennies on the dollar while most of the American people are oblivious to the drop in overall quality. Truly a you get what THEY (US Businesses) pay for. This is recouping a LOT of M1 and M2, and also destroying a LOT of wealth in the US. But who cares about the middle class? Certainly not the public or private sectors in the USA. Why *wouldn't* the Desis come in and skim off this? They were invited.
This'll go on for awhile until there's enough cultural leakage from the old country to make it unpalatable for the US government or the private sector to continue these practices. It's kinda like how the whole 'Global Warming' -> Climate Change -> Climategate thing is unraveling.
Make no mistake: this perfect wave of corrupt Boomer managers and Desi Bodyshoppers won't last. It was very smart to enlist shills like Vivek Wadhwa and Don Tenant. And you'd be right to say that Americans are gullible. And their memories are short, compared to Asia. And it's working. For now....
Though probably not beyond the next presidential election. So, my Desi friends: You'd better steal what there is to steal, because, as you know, history will invariably repeat itself. And then we get to rebuild. And remember.
Mentok out.
[Pretty much a primer on the Yakuza and Japanese Society]
"Yakuza: Japan's Criminal Underworld, Expanded Edition" (David E. Kaplan, Alec Dubro)
"The Eagle and the Dragon: Chinas Economic Ascent: China's Economic Ascent" (Quincy Krosby)
21 comments:
It was amazing to read what you have written here. I am not going to discuss Japan as it does not concern me so much here in this discussion, even though Japan and India have always had a cordial relationship.
Now lets come to your comments about India and its people. To start with, India is a 5000 years old civilization, which means we were civilized when America was nothing more than a jungle and a land of tribal. Look into the books of Indian history and you will realise that India was far more developed than the west at one stage. Our ayurveda and homeopathy developed centuries before, west understood that their is something called a disease. India has major contribution in mathematics and now in information technology. You can be sure that majority of software you are using, were developed in India. Our economy is booming with an 8.5% growth rate even though we are the world's largest democracy. Your language English, owes its origin to Sanskrit amongst other languages. Look it up if you don't believe me. In fact India has got the world's highest number of English speakers. When your economy was facing the downturn, we showed a growth rate of 8%.
Our country has got nth number doctors, engineers and other professionals than in your country. Our medical services are being availed by people around the world and India's increasing medical tourism is not unknown. No software company can think of its existence without having links in India. Our pharmaceutical industry is also booming supplying drugs worldwide. This is just an overview, look into the facts and you will know how India's service sector is booming. Also please look into and give you comments on India's export of iron ore, jute, textiles, etc. Out of 10 richest people in this world, more than four are Indians. Indian companies have been acquiring companies worldwide. See Arcelor Mittal, Tata Corus etc etc.
India had got the 4th highest GDP purchase parity index wise which is a great figure shown by a country which has just seen 63 years of independence unlike US which got independence centuries ago. Ironically both India and US were ruled by British as one point of time.
Like I have already mentioned, India is the world's largest democracy, corruption was inevitable like in most countries. In fact please bother to look up forbes according to which India is much less corrupt than United States. In a communist country like China, strong hold of government is inevitable but in democracies, India is still ranked as one of the less corrupt countries.
Yes we have faced caste issues in past but then you should not forget the discrimination, blacks faced in your country. Our country provides reservation for underprivileged in every sphere i.e. education, employment etc. and please get your information verified, castiesm was a problem of past in India, and now at all, it is limited to rural areas. Colour bias is also not as exaggerated as you have portrayed it to be in your post.
We Indian's live a free life and a life worthy of living. Yes there are our own problems of poverty, lack of infrastructure in rural areas, etc. but we are fighting with them well.
As far as our relationship with China and Pakistan are concerned. I believe that you make statements without verifying the facts.
India is a peace loving country and has always been non aligned. Even during world war, we were not fighting and India was the founding country for non aligned movement.
India's wars with Pakistan were never standstill, in fact India, even after winning a war, decided to resolve dispute at United Nations. Pakistan was our integral part at one time and some conflicts led to a divide and we now wish and work towards a friendly relationship.
China is our neighbour and we have some border disputes. Also we have lost a war from them but you should not forget that today even US will never dare to fight with China. Both India and China are now working towards growing and none of the countries intend to fight. Today priorities of India and China are not to fight but to develop and give a better life to its citizens and fight the poverty and other related problems. Your assumption that their will be a conflict is nothing more than your imagination.
At last we all should remember that we are humans and states were only an instrument to come out from the barbaric form of society. It was the wish of all humans to civilize and live a life, of dignity and security. Their is no reason to think of wars as the only reason a state should exist is for benefit of its people and not for ego hassles and love for power in a few people who make states as instrument for their wants. Love for the land of your origin is natural, but it should be limited to love.
At the end, we are all HUMANS.
Pranav Srivastava
This Pranav clown is just rebarfing the same old Indian lies. let's take him apart piece by piece.
"Now lets come to your comments about India and its people. To start with, India is a 5000 years old civilization, which means we were civilized when America was nothing more than a jungle and a land of tribal."
What do you mean by civilized? Burning Dalits, running people over in the road, sexual perversion (which you spread to USA in the 60s), and 600,000,000 people taking a dump in the open every day? Yeah - real civilized.
"Look into the books of Indian history and you will realise that India was far more developed than the west at one stage. Our ayurveda and homeopathy developed centuries before, west understood that their is something called a disease."
The rest of the world doesn't agree with Indian history books - only Indians do. Your books are full of lies saying you're the greatest people on earth. If you're so great then why haven't you done anything in 5000 years? We did in 235 what you haven't been able to do in 5000. That's a pretty bad track record for you. If you were far more developed than the west then why didn't you build ships and come to America first? Or fly first? Or get to the moon first? Developed, my ass. India has always been a mud puddle. Please provide some actual proof of your CLAIMS. Mere boasting doesn't count.
"India has major contribution in mathematics and now in information technology. You can be sure that majority of software you are using, were developed in India."
Can you please NAME the contributions Indians made to IT - not just claims, but actual facts? No, you can't.
Apple CLOSED their R&D center in India in 2006 and still employs mostly Americans in the U.S. India is still unable to produce its own commercial operating system or even one major software application. Why do Indians keep saying all software comes from India despite these facts? And the stuff you do work on doesn't work - like HCL's ES software for Boeing's 787 airplane. The FAA refused to approve that work. In fact, the FAA told Boeing to fire HCL and they did.
"Our economy is booming with an 8.5% growth rate even though we are the world's largest democracy."
According to whom? To you? Of course your economy is "booming" - 10 million of you are in USA sneding money home. But what are you actually producing? Don't mistake mere weath transferrence and robbery for a "booming economy". Bank robbers are rich too.
"Your language English, owes its origin to Sanskrit amongst other languages. Look it up if you don't believe me. In fact India has got the world's highest number of English speakers. When your economy was facing the downturn, we showed a growth rate of 8%."
No, you've got it backwards - USA is facing a downturn becuase 10 million Indiots are here sending our wealth home. Before you got here and started robbimg us, WE were booming. Anyone can claim "success" by stealing. And Indians' Hinglish is terrible - "maths" instead of math, you omit the participle all the time, and mess the language all over the place. Don't delude yourselves that you know English my friend.
"India has major contribution in mathematics and now in information technology. You can be sure that majority of software you are using, were developed in India."
Can you please NAME the contributions Indians made to IT - not just claims, but actual facts? No, you can't.
Apple CLOSED their R&D center in India in 2006 and still employs mostly Americans in the U.S. India is still unable to produce its own commercial operating system or even one major software application. Why do Indians keep saying all software comes from India despite these facts? And the stuff you do work on doesn't work - like HCL's ES software for Boeing's 787 airplane. The FAA refused to approve that work. In fact, the FAA told Boeing to fire HCL and they did.
"Our economy is booming with an 8.5% growth rate even though we are the world's largest democracy."
According to whom? To you? Of course your economy is "booming" - 10 million of you are in USA sneding money home. But what are you actually producing? Don't mistake mere weath transferrence and robbery for a "booming economy". Bank robbers are rich too.
"Your language English, owes its origin to Sanskrit amongst other languages. Look it up if you don't believe me. In fact India has got the world's highest number of English speakers. When your economy was facing the downturn, we showed a growth rate of 8%."
No, you've got it backwards - USA is facing a downturn becuase 10 million Indiots are here sending our wealth home. Before you got here and started robbimg us, WE were booming. Anyone can claim "success" by stealing. And Indians' Hinglish is terrible - "maths" instead of math, you omit the participle all the time, and mess the language all over the place. Don't delude yourselves that you know English my friend.
"This is just an overview, look into the facts and you will know how India's service sector is booming."
So far all you have done is made wild claims with NO FACTS to back them up. You people are all delusional.
"Also please look into and give you comments on India's export of iron ore, jute, textiles, etc. Out of 10 richest people in this world, more than four are Indians. Indian companies have been acquiring companies worldwide. See Arcelor Mittal, Tata Corus etc etc."
You had to buy an EU steel company because before that India was incapable of making its won steel that works. Everything you have now came from the west.
"India had got the 4th highest GDP purchase parity index wise which is a great figure shown by a country which has just seen 63 years of independence unlike US which got independence centuries ago. Ironically both India and US were ruled by British as one point of time."
PPP is a joke. WIthout an equivalent exchange rate, PPP means nothing. In real GDP, USA produces 7 times more every year than India. SEVEN TIMES despite having a labor force only 1/4 as big. India's workers are ranked 54th in world productivity in a 2008 ILO/UN report. Americans are ranked #1.
"Like I have already mentioned, India is the world's largest democracy, corruption was inevitable like in most countries."
India is the most corrupt country in the world. Amazon.com will not even ship orders to India because everything they ship GETS STOLEN AT THE POST OFFICE. That doesn't happen in America or Japan. Stop trying to hype that shithole India.
"In fact please bother to look up forbes according to which India is much less corrupt than United States. In a communist country like China, strong hold of government is inevitable but in democracies, India is still ranked as one of the less corrupt countries."
NASSCOM paid Forbes to say that. India is the most corrupt in the world by far. Go look at Transparency International's corruption Index and see how USA compares to India.
"Yes we have faced caste issues in past but then you should not forget the discrimination, blacks faced in your country."
You still have a caste system to this day. You hate blacks. Go to YouTube and search on "The Unhappy Traveller: A New Yorker in India"
http://www.youtube.com/watch?v=jg1DvLrjYOw
"Our country provides reservation for underprivileged in every sphere i.e. education, employment etc. and please get your information verified, castiesm was a problem of past in India, and now at all, it is limited to rural areas. Colour bias is also not as exaggerated as you have portrayed it to be in your post."
Come on, who are you trying to kid. Rich people in India run homeless people over on the sidewalks. You people are violent, angry, selfish whores.
Companies ruined or almost ruined by India, Inc:
PeopleSoft
Sun Micro,
Bell Labs (Arun Netravalli - head, closed, turned into a shopping mall)
Quark (Alukah Kamar CEO, fired)
Skype (Madhu Yarlagadda fired)
MIT Media Lab Asia (canceled)
Intel Whitefield processor project (cancelled, Indian staff canned)
Apple R&D CLOSED in India in 2006
ComAir reservation system
Boeing Dreamliner ES software (written by HCL UNAPPROVED by FAA)
Lehman (Spectramind software bought by Wipro, ruined, trashed by slumdog programmers)
Dell, United, Delta call centers (closed in India because Premji's conmen don't even know how to use telephones, let alone computers)
HSBC ATMs (software taken over by Indians, failed in 2006)
AIG (signed outsourcing deal in 2007 in Europe with Accenture Indian frauds, collapsed in 2009)
State of Indiana $867 billion FAILED IBM project
World Bank (Indian fraudsters BANNED for 3 years because they stole data).
I could post the whole list here but I don't want to crash any servers.
Shri. (Mr.) James, you sound like an idiot who is insecure of growing might of Asian countries. Both China and India have grown and are the world fastest growing major economies. And it’s not me saying this, its CIA World Factbook which is a reference resource produced by the Central Intelligence Agency of the United States. It is the same Factbook which states that India’s estimated growth is 8.8% in 2010 while United States has reduced by 2.5% in 2009. In fact, according to IMF’s World Economic Outlook report, Indian economy will expand 9.7% this year. I suggest that you should be sure about the statements that you make otherwise you will end up sounding like an ignorant idiot.
You should stop your bull shit about Burning Dalits, running people over in the road, sexual perversion etc. etc. Name a country that is free from problems. Your country has discriminated against blacks for years and although you have abolished slavery but have not really levelled the playing field. For a Nation that loves to talk in high moral tones about Human Rights and all Men being “created equal” you seem to have a tough time walking the walk. For 100 years after the Civil War blacks are still being mistreated, isolated, underpaid, overworked, abused, and treated as sub-human in a million ways. And it’s a long way from being fixed even now.
How many women presidents have you seen in USA in over 200 years of your independence? We have had both, a woman president and a woman prime minister. Our previous president was of Muslim religion and our present is a woman. Our prime minister is a Sikh by religion and the chairman of UPA i.e. a post as strong as that of prime minister in India is a Christian catholic of Italian origin, governing a country which has a majority 80% population of Hindus. And please do not forget that we are the world’s largest democracy with people who speak as many as 29 languages with more than a thousand dialects, differ in colour ranging from fairer skinned Kashmiris to darker skinned people in south and have varied culture. That is what India is all about “Unity in Diversity”. I am happy that USA has at least seen its first black president in over 235 years.
How many women presidents have you seen in USA in over 200 years of your independence? We have had both, a woman president and a woman prime minister. Our previous president was of Muslim religion and our present is a woman. Our prime minister is a Sikh by religion and the chairman of UPA i.e. a post as strong as that of prime minister in India is a Christian catholic of Italian origin, governing a country which has a majority 80% population of Hindus. And please do not forget that we are the world’s largest democracy with people who speak as many as 29 languages with more than a thousand dialects, differ in colour ranging from fairer skinned Kashmiris to darker skinned people in south and have varied culture. That is what India is all about “Unity in Diversity”. I am happy that USA has at least seen its first black president in over 235 years.
We have strong laws preserving the rights of people who were at some point of time under privileged. Seats are reserved for them in schools, colleges, public employment etc. etc. What we are trying to do is first build a level playing field for all citizens of India and then talk about equality. Many of them have held posts as important as that of Chief Justices, Principal Secretaries to Government etc.
I am amused by your low intelligence quotient in claiming that we should have done better in 5000 years than what you did in 235 years. You have yourself talked about Japan loosing strength over the years and you will find a number of instances in world’s history which show that after every growth, there is a downfall and same happened with India. Your land was also in existence 5000 years ago and people on your land were living an uncivilised barbaric life unlike in India where humans had settled in cities. Read about Indus Valley Civilization, Major cities of the civilization included Harappa (3300 BC), Dholavira (2900 BC), Mohenjo-Daro (2500 BC), Lothal (2400 BC), , and Rakhigarhi. The Indus Valley Civilization was mainly centred in what is now Pakistan and western India. Streets were laid out in grid patterns along with the development of sewage and water systems. This civilization of planned cities came to an end around 1700 BC either through external invasion and perhaps due to drying of rivers flowing from the Himalayas to the Arabian sea and geological/climatic changes in the Indus valley civilization area which resulted in the formation of the Thar desert. All this information is not from Indian history books but Britannica online encyclopaedia (http://www.britannica.com/EBchecked/topic/254846/Harappa). Only thing permanent in this world is change and at present India’s change is towards growth with an 8.8% growth rate and change for USA as on date is 2.5% depreciation. A 2007 Goldman Sachs report projected that "from 2007 to 2020, India’s GDP per capita will quadruple," and that the Indian GDP will surpass that of the United States before 2050 .
You had asked for evidence of India’s contribution in Information Technology so here it comes. As per Wall Street Journal (28 May 2009). "Outlook for Outsourcing Spending Brightens". Seven of the world's top 15 technology outsourcing companies are based in India and the country is viewed as the second most favourable outsourcing destination after the United States. Talking about individual incidents like HCL and Apple is not difficult for anybody in any country of this world.
Most amazing of all coming from an idiot like you was "maths instead of math” ha hah. You have devised your way of speaking English. Both in Britain and in India Mathematics is written as “Maths” in short. Look up the Oxford dictionary. It’s only in US that you write “Math” instead of “Maths” not in India or in Britain. It’s a common joke that persons who speak two languages are bi lingual, the ones who speak multiple are multi lingual and the ones who speak only one are “Americans” and the irony is that even that language is borrowed!!!
You have failed to counter growth of India’s corporate sector.
1. Mittal after acquiring Arcelor is the world’s largest steel producer.
2. Tata had acquired Tetley tea way back in 2003.
3. Tata Steel took over the Anglo-Dutch firm Corus Group in 2006 to create the fifth largest steel company of the world.
4. Aditya Birla Group’s Hindalco Industries Limited, India’s largest non-ferrous metals company, acquired the Canada based firm Novalis in an all-cash transaction for $6 billion. Following the transaction Hindalco, along with Novelis, was the world’s largest aluminium rolling company, one of the biggest producers of primary aluminium in Asia, and India’s leading copper producer.
5. Tata shook the automobile market once again in 2008 when it snapped Britain’s most famous automobile manufacturers, Jaguar and Land Rover, in a $2.3 billion deal with Ford, their American owners. The deal showed India’s growing global ambition in owning the best brands.
6. Subhash Chandra’s Essel Packaging Ltd (EPL) acquired the Swiss tube packaging major Propack, and joined hands to become the world’s largest in laminated tubes. This deal was made way back in 2000 and an Indian MNC became the World No.1 because of it.
7. In 2007, Pharmaceutical and biotechnology major Wockhardt bought the fourth largest independent, integrated pharmaceutical group in France, Negma Laboratories. At a deal of $265 million, Wockhardt became the largest Indian pharmaceutical company in Europe with more than 1500 employees based in the continent.
8. Bennett Coleman & Co Ltd, India’s largest media group and the holding company of the Times of India group, bought Virgin Radio in the UK in a £53.2 million deal with SMG Plc. in 2008.
9. Mahindra & Mahindra acquired 90% stakes of Schoneweiss, a leading company in the forging sector in Germany.
10. Sterlite Industries, a part of the Vedanta Group signed an agreement regarding the acquisition of copper mining company Asarco for $ 2.6 billion in 2008. The deal surpassed Tata’s $2.3 billion deal of acquiring Land Rover and Jaguar. After the finalization of the deal Sterlite would become third largest copper mining company in the world.
11. Oil and Natural Gas Corp. Ltd (ONGC) took control of Imperial Energy Plc. for $1.9 billion in early 2009. About 96.8% of London-listed firm’s total shareholders accepted the takeover offer.
In your words “I could post the whole list here but I don't want to crash any servers.”
"Pranav": Sending me 3 copies of the same comment or fragments thereof does not help your case at all. I was sorely tempted to just delete your whole barrage of copypasta.
Ah, but that's what you Indians are all about: quantity over quality.
This is why, like the Russians, Indians, as a people are simply going to lose in the long term to everyone else. Either figure out that quality (in everything you do) matters, or join the dustbin of history.
Drunky out.
In fact, moderating comments from the *.in domain really reminds me of how you folks work in the IT realm:
* Lots of useless content, spewed 2-3 times,
* That has to be cleaned up by either a Chinese or an American, or even a script,
* That never gets to the point, because there is none.
We can all see by what's in the news these days that the worm has turned, and, true to what I wrote at the beginning of the year, what's happened in NE Asia & the EU is now happening in North America: Indians are wearing out their welcome and are being sent packing.
And now come the 'sour grapes' that Indians are so famous for. The world over, soon to be well-known in the US.
Who will replace India? In the near term, the Chinese, who are much more capable and who (at least) understand QUALITY. Something that has escaped India for "5000 years of their 'rich' history."
-Drunky
"We have had both, a woman president and a woman prime minister."
Cicero once said "Do not let your women rule you".
There is no strength in diversity. Just look at what a little diversity has done to America. Ruined it. India is a shithole of open-defecators and total chaos. No one wants to live there and fewer would want to travel there.
Your economy is growing only because you are protectionist which is about to change big time. You are now being blocked from getting H-1Bs because you are so unwanted in the U.S. now. And the USA is about to slap huge tarriffs on Chinese products. Let's see how well they can 'grow' when THEY are forced to play on a level playing field and stop manipulating their currency.
Our economy can grow too if we ban Wipro, Tata, HCL, etc the same way you ban Wal-Mart and Target to protect your local workforce.
Stop deluding yourself: the only reasons you are 'growing' is because you are cheating and you are in the USA siphoning wealth. You're not producing anything.
Where is India's commercial operating system?
So basically Pranav, what you are saying is that India is booming because it bought up a bunch of western companies in order to create industries that it is unable to invent on its own.
Thanks for proving my point - everything you have comes from the west. Pathetic losers.
"You had asked for evidence of India’s contribution in Information Technology so here it comes. As per Wall Street Journal (28 May 2009). "Outlook for Outsourcing Spending Brightens".
Oh You must mean another one of those paid NASSCOM PR articles masquerading as "news" - just as the NYT's Tom Friedman was paid by Wipro to write his 2 books praising outsourcing.
"Seven of the world's top 15 technology outsourcing companies are based in India and the country is viewed as the second most favourable outsourcing destination after the United States."
Then why are companies bailing out of India? Why did Delta and United bring their call centers back from India last year. Indians can't even handle call centers, let alone write software. You may have "top" IT outsourcing company, but can you name one product they have ever actually written? No, you can't. It's all a huge fraud. They're just siphoning $ while producing nothing.
"Talking about individual incidents like HCL and Apple is not difficult for anybody in any country of this world."
It's not an individual incident - it's HUNDREDS of incidents caused by India, Inc. You cannot deny the unbridled success of Apple AFTER CLOSING its R&D in India and still hiring mostly American workers in the U.S. Apple is going to overtake Microsoft soon. It's about to overtake Exxon as #1. And India had nothing to do with it. Meanwhile Microsoft is dying. Face it - India is a failure at IT. In the end no one will be left but Apple and you can't get your hands on that. Too bad for you. HAHAHA.
"Most amazing of all coming from an idiot like you was "maths instead of math” ha hah."
I hardly think you can call someone who co-invented the $100-million a year anti-spam market + worked at Apple + was instrumental to PlayStation's success at Sony an "idiot". Care to tell us what IT companies you have worked at? What's that? NONE? Why, then you're not even qualified to speak on the subject as no one wants you.
"You have devised your way of speaking English. Both in Britain and in India Mathematics is written as “Maths” in short."
Both Britain and India are irrelevant. Who cares about India or Britain? No one. Face it: your country wasted 50 years on communism and now all of a sudden you're all angry at us because we chose capitalism and suceeded and you didn't. Go back to your open defecation and quit destroying the west and polluting our country and language.
"Look up the Oxford dictionary. It’s only in US that you write “Math” instead of “Maths” not in India or in Britain."
Well, we're #1 and the best in the world so we get to decide what is used and what isn't. No one looks to India to learn English. HAHAHA. You, as the little 600,000,000 open-defecator country that you are doesn't get to decide anything. Get it? Go back to the U.S. consulate there and beg us for a visa you turd.
"It’s a common joke that persons who speak two languages are bi lingual, the ones who speak multiple are multi lingual and the ones who speak only one are “Americans” and the irony is that even that language is borrowed!!! "
Who cares? We invented the PC, software, the internet, and everything else. Who cares what jokes people make about us? India is the laughingstock of the world. While you talk shit about others, WE CREATE. It's a sad testament to India that you have to come beg the USA for jobs and live off us like parasites. What a bunch of pathetic losers. I heard Japan won't even let you in. Too bad for you. No one wants you in their countries. Go rob someone else you IQ81 moron.
Um.... you didn't list any actual contributions to IT that India has made - products, companies, and things people want to buy.
All you did was refer to some vague NASSCOM-paid-for PR article in the shill NYT listing India as some "vague outsourcing destination".
Can you name one software product produced and sold by Tata, HCL, or Wipro? No you can't - because those companies are incapable of producing software. All they can do is PRETEND to program, get their workers into American companies, rob them blind, produce nothing, and the collapse the companies.
Can you name one IT company in the U.S. founded entirely by Indian founders that anyone has heard of? No, you can't because there are none.
Can you name one IT invention created by Indians anyone uses? Don't say Pentium because that was a 5th generation chip. Don't say hotmail because webmail had been in use by universities long before that Indian guy stole it. Don't say USB because it wasn't created by Ajay Bhat. It was created by a multi-company consortium. Don't say HDTV since it was invented by the Japanese.
Sorry, but the facts just don't measure up to your claims. One more Indian boaster who loves to talk but has nothing to back it up with.
Sorry - India is the biggest IT failure in the world and Americans have woken up to your fraud.
Face it Pranav - India, Inc. ruined the American economy and you know it. America's economic blood is all over India's hands. India has stolen at least 1/2 a trillion from the U.S. if not 4 or 5 times that much. How do you intend to compensate us for your theft? Unlike when we had the capital, you are not producing anything with it and therefore don't deserve it. Now give it back before you do any more damage to the world economy.
Maybe Pranav can tell us why Indiots use "learnt" in news articles when it's not even a real English word.
http://www.channelnewsasia.com/stories/afp_asiapacific/view/1087468/1/.html
But like with everything else in India, there are no rules when it comes to butchering English.
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