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IT in Bangalore Bangalore is Asia's Silicon Valley because of its thriving information technology industry. Bangalore is India's fifth - largest and fastest - growing city. Until its high-tech boom began in the late 1980s, it was known as the Garden City, with greenery flourishing in its pleasant, temperate climate. Today with a growing population of young professionals, it has acquired a vibrant, cosmopolitan air Bangalore is the home of International Standard R&D Centres, Educational Institutes like IIM , IISc & National Law School and Professional Colleges sending out a large pool of human resource which is put to optimum use. There are a number of well equipped Industrial and research centres like Central Power Research Institute, National Aeronautical Laboratory, Indian Institute of Science along with the Industrial centres like Electronic City & International Tech park making Bangalore leader in Information Technology. The Silicon Valley of India is a nicknam

Comparison between Silicon Valley and Bangalore Abinandanan has put links to Paul Graham’s articles on ‘How to be Silicon Valley ’ , and prompted me to write this article. We don’t have technology VCs VCs who have presence and money in Bangalore do not fund product making startups. Why? Because they do not have people on board who have been product making entrepreneurs before. They invest in companies they are good at, like, IT services, BPO services, .com, etc. When they hear the word ‘technology’ or ‘product’, they balk. Not because they are not interested, but because they do not understand the implications and the consequences of such businesses- there have not been many precedents out of India. Most other VCs in India are pure private equity players, bankers who have opened a small arm of VC. There nothing ‘venture’ about them. They don’t take risks of funding early stage companies. Instead they continue to stick to private equity. I am not complaining. They do what they know bes

World's richest is Mukesh Ambani: Billion-dollar decisions from a billion-dollar home Seems the world economy is growing and changing so fast that staying on top for very long will become harder. Carlos Slim of Mexico did not retain the title very long, as CNBC is reporting Meet the World's New 'Richest Person' -- For Now , a story about Mukesh Ambani . It has been reported that he is just completing a ONE BILLION DOLLAR HOME! Here's how the Indian press reports rank the world's top five richest people as of today, based on known public stock holdings: Mukesh Ambani - $63.2 billion Carlos Slim Helu - $62.2993 billion William (Bill) Gates - $62.29 billion Warren Buffett - $55.9 billion Lakshmi Mittal - $50.9 billion To me, this all amounts to creating headlines, since the slight difference between one, two, and three could be altered with a single day's stock movement. Given that Ambani is on the other side of the world with great fortunes in Europe and Asia