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Archive for June 8th, 2008

BRICs helped by Western finance crisis: Goldman

Posted by Yogesh on Sunday, 8 June, 2008

ST PETERSBURG, Russia (Reuters) – The Western financial crisis means the fast-growing economies of Brazil, Russia, India and China will grow their share of the world economy even faster than originally forecast, the founder of the four-nation BRIC concept told Reuters.

The term BRIC was coined by Wall Street bank Goldman Sachs to describe how the four rising economies are likely to rival and overtake many of the West’s leading economies over the next half century. Read the rest of this entry »

Posted in Indian Economy | Tagged: , | 1 Comment »

SAP may pick up 15% stake in Newgen

Posted by Yogesh on Sunday, 8 June, 2008

NEW DELHI: Enterprise Resource Planning (ERP) solution provider SAP Labs is likely to pick a strategic 10-15 per cent stake in Newgen Software, a product company based in New Delhi.

The funds raised would enable Newgen to roll out its services in countries in Western Europe. According to sources, Newgen is looking at raising funds before it goes public in 2010. Read the rest of this entry »

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Hottest Desi open source software

Posted by Yogesh on Sunday, 8 June, 2008

Open source software is breeding entrepreneurships worldwide. Playing a key role in this blooming industry are several Indian developers. With their open source software solutions, these developers are taking computing to millions of people across the country and globally.

In fact, many of these have emerged as best with names like Hindawi, Zmanda and Dhvani or KDE Hindi. These products are helping an entire new generation of software developers. Source Indiatimes

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What is new in Firefox 3.0?

Posted by Yogesh on Sunday, 8 June, 2008

The closest rival to Microsoft’s Internet Explorer is ready to get an upgrade. Browser developer Mozilla has announced June release for its popular browser, Firefox.

Firefox 3 promises to add several new features that will enhance the users browsing experience as well as make it for secure. In fact, Mozilla claims that Firefox 3.0 will run twice as fast as the previous version while using less memory.

So, here’s a peak into all the added features users will find in Firefox 3.0. Source Indiatimes

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