BANGALORE : The Chip City
Bangalore is now home to 70 of the 130 firms(including multinationals) engaged in chip design in India. That makes it not just way ahead of the rest of the Indian competition but one of the top global clusters in chip design, comparable to Silicon Valley, Cambridge(UK), and Taiwan. If we break up the chip design work into design services(designing for others) and proprietary or innovative designing, Silicon Valley, Cambridge(UK) are already ahead. But if design services are considered, Bangalore is in forefront. Global players opt for chip design services offered by Bangalore firms for multiple reasons like talent availability, cost advantage etc.
Travel Portals get Rs.500 cr from PEs in 2006
Travel Portals are increasingly catching the fancy of Private Equity (PE) players with investments in this fast emerging business segment registering a 100 percent jump. The past year alone has witnessed investments of nearly Rs.500 crore being pumped in.