Sunday, June 23

Tag: T V Mohan Das Pai

Indias IT Exports Revenue Growth Will 9-10% This Fiscal: T V Mohandas Pai
Entrepreneurs Talk

Indias IT Exports Revenue Growth Will 9-10% This Fiscal: T V Mohandas Pai

The revenue growth of Indian IT exports this fiscal is likely to be slower than industry body Nasscoms projection of 10-12 per cent, according to industry veteran T V Mohandas Pai. "The figures could be lower than what Nasscom has said. But its still (expected to) be good figures. They forecast 10 to 12 per cent, I would say 9 to 10 per cent is something that could be more reasonable because we already have seen in the first quarter some companies not meeting numbers...second quarter, some companies going quiet. So, 9 to 10 per cent is reasonable," the former Board member at Infosys said. A clear picture would emerge after companies announce results for the September quarter, which is generally good for them. "Europe is beginning to look better. Brexit has hurt the UK. America... we h...
Indian Startup Vs. US Monopoly, An Execution Without Trial !!!
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Indian Startup Vs. US Monopoly, An Execution Without Trial !!!

Facebook recently showed its anti-social behavior when it pulled down the page of Houzify, a Bangalore-based home improvement startup whose investors include T V Mohandas Pai and InMobi's Naveen Tewari - on the basis of a complaint from US-based Houzz. In a legal glitch Houzz had sent a legal notice to Houzify over trademark infringement issue. Houzify says that the Facebook Page was shut down without any notice from Facebook. Neither did they give any forewarning or called for consulting over the matter. This direct action taken by facebook came as a shock! Gunaseelan Radhakrishnan, Co-founder & CEO of Houzify, described the action as "execution without trial", while Pai said it "demonstrates the danger India and startups here face because of the monopoly of Facebook and its...