Beyond Innovation

World's Best Companies

Business Week with the help of Management consultant firm A.T. Kearney came with the list of World's Best Companies.

Watch the list for yourself here

Courtesy: Business Week

Wipro acquires Infocrossing

India's leading IT Services company, Wipro has announced that it will be acquiring Infocrossing - a leading provider of IT infrastructure management, enterprise application and business process outsourcing (BPO) services, for $598.4 million (Rs.24.15 billion) in an all-cash deal.

HP acquiring Opsware for $1.6 Billion

Hewlett-Packard(HP) said Monday that it has agreed to buy all outstanding shares of infrastructure management software vendor Opsware for about $1.6 billion. The deal gives a new challenge to IBM
which is in this market through its Tivoli brand.

Motorola to buy Leapstone

Mobile handset maker Motorola said on Tuesday it agreed to buy software developer Leapstone Systems,
whose technology helps deliver and manager video, voice and data services across multiple networks.

ICICI Bank joins Rs one-trillion club and its customer support still stinks

ICICI Bank following its public offer valued at Rs 5,400 crore has become the eighth company in the Rs. 1 trillion market valuation club. But still their customer support sucks. I called up their Toll free number, today requiring an Application status, they asked my Account number (ok fine), name (ok fine), telephone number (ok fine), Application number (cant you track from my name, ok fine), they asked my passport number (this is ridiculous). I asked them why should I give so much details, cant you track from my Account number or name? The reply was customer tracking software was not working for the past 1 week. Why can't you say this in the beginning of the call? And when are you going to fix the software? You want to run a customer support with an unworking software? Is my informations safe, when I give all my details to the CSE(in short customer support exective or officer or whatever,.) who writes it down manually?

Google to buy Web security co Postini for $625 mln

Google decided to bring more applications and business to its portfolio, today it said, it is acquiring Postini - which provides security and encryption services, protecting instant messaging, e-mail and other communications. Postini has more than 35,000 businesses and 10 million users worldwide.

kijiji.com - Craigslist Competition from eBay

kijiji.com which opened up in US last week - is where you can buy & sell new or used goods, look for a car or job, find local events, meet local people freely just like Craigslist.
Kijiji is an ebay owned company. Although ebay owns 25% stake in craigslist, still its business as usual for them.

Lunch with Warren Buffett for $650,100

Mohnish Pabrai, managing partner of Pabrai Investments of Irvine,California won an eBay bid for a $650,100 lunch in New York with billionaire Warren Buffett. The lunch doesn't include airfare.

“I’ve learned a huge amount from Mr. Buffett.Paying for 10 lunches wouldn’t settle that debt,” Pabrai said in his interview to ocregister. He plans to take his wife and two children. Thats one costly lunch which I can't afford.

Photo Courtesy: Ocregister

Apple Giving Free iPhones To Employees

18000 Apple Employees will be getting the today's released Apple iPhone freely at the end of July. Apple is fledging $10.8 millions for this free iPhone. Steve Jobs has turned himself similar to an Indian politician Avatar. It will surely please the employees. But who will pay the service costs of $60-$70 per month? Is Apple going to allow the usage of Apple iPhones in its corporate environment?

Google's Acquisitions

Google has so far made 12 acquisitons in 2007, if the yesterday reported, Grandcentral acquisition comes true.
Google gobbles up companies faster than any other company and by the end of the year it may end up buying more than 20 companies for sure.

Who's next in Google's list?