Word: mehtas
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...Maharashtra, which guaranteed the deal, defaulted on a $30 million bill, and that bounced the debt to the national treasury. The one certainty is that Enron is going to get paid: the national government pledged as collateral all government resources apart from military and diplomatic assets. "This," says Abhay Mehta, a columnist and author of the book Power Play, a critique of the deal, "is a financial earthquake...
...able to set up shop at home. Those engineers' underemployed sisters and cousins have proved willing to work cheaply at a new crop of labor-intensive jobs made possible by the distance-bridging technology of the Net. "Finally, India has something to show to the world," says Dewang Mehta, president of the National Association of Software and Service Companies (NASSCOM...
...fact, the software lobby got the government to remove import duties intended to protect local firms from software products sold in India by Western companies. "We said that if we can't compete with multinationals in India, how will we ever be able to compete outside," says NASSCOM's Mehta. It was a winning strategy. The Software Engineering Institute of Carnegie Mellon University in the U.S. gives a "top-quality" ranking to only 32 software companies around the world; 17 of them are based in India...
...able to set up shop at home. Those engineers' underemployed sisters and cousins have proved willing to work cheaply at a new crop of labor-intensive jobs made possible by the distance-bridging technology of the Net. "Finally, India has something to show to the world," says Dewang Mehta, president of the National Association of Software and Service Companies (NASSCOM...
...fact, the software lobby got the government to remove import duties intended to protect local firms from software products sold in India by Western companies. "We said that if we can't compete with multinationals in India, how will we ever be able to compete outside," says NASSCOM's Mehta. It was a winning strategy. The Software Engineering Institute of Carnegie Mellon University in the U.S. gives a "top-quality" ranking to only 32 software companies around the world; 17 of them are based in India...