Ad Here  
May
June
July
August
September
October
 
 
Wouldn’t the Mahatma like clean restrooms in our cities! Global Investors Meet Post Poned Infrastructure to the FORE Vedanta to close Lanjigarh refinery Monsoon fury Green crimes galore Miners asked to pay more Bringing magic of Rajasthan alive An industrious idea Mango Diplomacy Power for all Homestays, a budding tourism industry Winds of change... Promise of a productive year Come to Tamil Nadu where the action is... KNPP with the grid Deputy Collector Sindhu! MOUs worth Rs.10.54 lakh crore signed Tasks for the new government Pioneering education model KCR’s I-day bonanza With agriculture at its heart... Enchanting and enterprising Tamil Nadu Enticing pest traps Technology has raised the bar... ODISHA Illegal mining of sand A giant push for millets Land scams rock AP & TS Bus services hit Hype on Hyperloop More government apps Global meets galore Divide & Prosper Flurry of collaborations inked by AP SIPB clears big proposals Why the Congress won in Karnataka Benevolent businessthan... Municipal Elections Development depends on land availability... CII to set up tourism bureaus Kochi Metro Rail Project States - Odisha Thalaivaa Strike over salary hike ‘E’ for enterprise Doubling production and tripling farmers’ income... Bifurcation yet to end water wars Fanciful Rao and tech-savvy Naidu It indeed is attractive for investments A neta at it again! Inter-State boundary AP in better shape States - Kerala City of foaming lakes and fire Land acquisition policy is ahead of national policy... Bhubaneswar IIT cries for completion TN can leverage NLC’s strengths... State of the States TN to suffer serious loss Stirring the political cauldron A year of Telangana A blueprint for the future States Roundup Reducing carbon footprint... MCL has a taste of judicial activism! Time to wake up State Forward State under siege Info-Park, more space Nod to cow slaughter bill KTR releases Annual Report Waste disposal model Infra boost to the new capital Leaky old lorries, mini cabs for techies... Oh, la la. Launch of ins vikrant, India’s first indigenous aircraft carrier It’s Karnataka chalo for Amit Shah? Industrial corridors to boost economy Lingayats get a reminder: it’s poll time Competing for good: Tale of two states Of development and welfare When business flocks to MP... All these happened in TN… TN to suffer serious loss
 
Leaky old lorries, mini cabs for techies...
If you happen to be a morning walker in Bengaluru, two things are un-missable this summer. One, leaky old water lorries rattling their way along the dusty, garbage-strewn lanes. Two, mini-cabs and maxi-vans waiting at designated spots, under street lights in the semi-darkness to pick up and rush young information technology employees to their offices. These sights may become rare next summer if things move in the current direction. The desperate need for the water lorries may end if the predicted near-normal monsoon arrives. And, if the crisis that has hit the IT industry plays out as feared, many of the young professionals from other parts of India may have to return home. There is little that the administration can do about these two issues. The next few weeks will decide if Karnataka’s man-made woes will be compounded again by nature. We can call this a summer of strife – with unprecedented drought across the state, unusually hot temperatures in the plains and the mountains and shortage of water even in the Coorg region marked by a drying Cauvery bed. Dry river beds greet travellers across the state and reservoirs are at their lowest reserve. The website of the state government’s water resources department fully reflects the grim situation; the statistics on the water levels tell the reality in cold numbers. Statistics clearly show that after a fairly good 2015 monsoon the state has had a serious deficit in rainfall in the next two years. Thus, the behaviour of monsoon this year is critical for the state. The Met department has begun to whisper of a near-normal monsoon. According to experts, there is every reason to hope that last year’s disaster will not be repeated. For a rainbow among dark clouds... It is not only the farmers looking up at the skies, the political community isn’t lagging behind, looking for a rainbow among the clouds. The ruling Congress, received a needed boost to its morale in recent by-elections in Mysuru. Its main opponent, the BJP, is impatient to return to power amidst the warring factions within. The leadership of both parties at the Central level appear helpless to curb dissidence as different factions jockey for positions. The Congress, under a newly-appointed Pradesh Congress committee chief, seems a more cohesive unit though it lacks a charismatic national leader to campaign for it, in contrast to the BJP with Modi’s leadership as a major crowd puller. Small wonder that Chief Minister Siddharamiah made the bizarre claim that his government had given four years of scam-free governance. If this is true, it will be quite an achievement in Karnataka. Techie - town hit hard by US visa policy To add to the state of uncertainty and suspension of governance, the turmoil in the information technology sector has come as a shattering blow, despite the fact that the disaster had been in the making for nearly a year. US President Donald Trump gave visible hints when he launched his campaign slogan, “American jobs for Americans.” The catch was that no sane observer ever believed at that time that Trump had a chance to win the elections last November. The new regime’s visa policy has hit the Global Techies Town hard where it hurts most. All the biggies have been impacted and layoffs have already begun and are expected to continue. With Australia, New Zealand, Singapore and UK joining the US to tighten work permit regulations, companies such as Infosys and Tech Mahindra have come up against protectionist walls in their areas of overseas operation. The US visa restrictions infact undermine the very basis on which Infosys launched the outsourcing revolution. That foundation on which others also built up has been shaken and shattered. IT needs a new model, one that is resilient and capable of quick adaptation to keep pace with the mind blogging changes taking place in the field of automation and cloud technology. n

If you happen to be a morning walker in Bengaluru, two things are un-missable this summer. One, leaky old water lorries rattling their way along the dusty, garbage-strewn lanes. Two, mini-cabs and maxi-vans waiting at designated spots, under street lights in the semi-darkness to pick up and rush young information technology employees to their offices. These sights may become rare next summer if things move in the current direction. The desperate need for the water lorries may end if the predicted near-normal monsoon arrives. And, if the crisis that has hit the IT industry plays out as feared, many of the young professionals from other parts of India may have to return home. 

There is little that the administration can do about these two issues. The next few weeks will decide if Karnataka’s man-made woes will be compounded again by nature. We can call this a summer of strife – with unprecedented drought across the state, unusually hot temperatures in the plains and the mountains and shortage of water even in the Coorg region marked by a drying Cauvery bed. Dry river beds greet travellers across the state and reservoirs are at their lowest reserve. The website of the state government’s water resources department fully reflects the grim situation; the statistics on the water levels tell the reality in cold numbers. 

Statistics clearly show that after a fairly good 2015 monsoon the state has had a serious deficit in rainfall in the next two years. Thus, the behaviour of monsoon this year is critical for the state. The Met department has begun to whisper of a near-normal monsoon. According to experts, there is every reason to hope that last year’s disaster will not be repeated. 

 

For a rainbow among dark clouds...

It is not only the farmers looking up at the skies, the political community isn’t lagging behind, looking for a rainbow among the clouds. The ruling Congress, received a needed boost to its morale in recent by-elections in Mysuru. Its main opponent, the BJP, is impatient to return to power amidst the warring factions within. The leadership of both parties at the Central level appear helpless to curb dissidence as different factions jockey for positions. The Congress, under a newly-appointed Pradesh Congress committee chief, seems a more cohesive unit though it lacks a charismatic national leader to campaign for it, in contrast to the BJP with Modi’s leadership as a major crowd puller. Small wonder that Chief Minister Siddharamiah made the bizarre claim that his government had given four years of scam-free governance. If this is true, it will be quite an achievement in Karnataka.       

 

Techie - town hit hard by US visa policy

To add to the state of uncertainty and suspension of governance, the turmoil in the information technology sector has come as a shattering blow, despite the fact that the disaster had been in the making for nearly a year. US President Donald Trump gave visible hints when he launched his campaign slogan, “American jobs for Americans.” The catch was that no sane observer ever believed at that time that Trump had a chance to win the elections last November.  The new regime’s visa policy has hit the Global Techies Town hard where it hurts most. All the biggies have been impacted and layoffs have already begun and are expected to continue. With Australia, New Zealand, Singapore and UK joining the US to tighten work permit regulations, companies such as Infosys and Tech Mahindra have come up against protectionist walls in their areas of overseas operation. The US visa restrictions infact undermine the very basis on which Infosys launched the outsourcing revolution. That foundation on which others also built up has been shaken and shattered. IT needs a new model, one that is resilient and capable of quick adaptation to keep pace with the mind blogging changes taking place in the field of automation and cloud technology. 


Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com