Economical-hubspot

 Just a year before Berlin replaced Bonn as the German capital, I was there for a conference. My cabbie looked around, glanced at me and asked: Do you know the national bird of Germany? No! I said! Cranes! He replied. Which one? I asked. The Construction cranes, he retorted. I looked around. Sure enough, all I could see around were nothing but construction cranes. So overwhelmingly did they dominate the skyline! doweshowbellyad=0; Have you noticed the unmistakable change in the Indian urban skyline of late? Just stand atop a building in any urban part of India to know the difference. Up to seven service providers, all vying with one another to hog the skyline with their towers on which is mounted their transmitters to satiate the nation’s long suppressed need for telecommunications. Also Read RCoVL to merge 9 arms with itself FII investments in Bharti Airtel hit a block But it is one thing to feel great about thi...

Soaking in the results of the scorching growth pace the Dragon has set! When queried about why India cannot do what its northern neighbour can, he lamented the various issues which hammer (and sickle!) our growth initiatives. However, a World Bank official put things in perspective saying the problem with India was not too much democracy, but bureaucracy, adding “if authoritarian rule was the answer to economic growth, then North Korea would be manna and South Korea would be in the doldrums.” The Bank official hit the nail on the head, but only partially. One only needs to look around to see how China goes about building itself and compare it with what we do. Since telecommunications is the big story in both countries, a close look at the sector itself would provide more than just clues. Nokia, the Finnish GSM giant, is starting a new JV with China’s Putian Communications to develop technology for Chinese 3G mobile standard known as TD-SCDMA. The company, acco...