India: Opportune Time for VCs to look for winning ideas

Venture capitalists are bullish on consumer internet, telecom, outsourcing, food retail, healthcare, media and entertainment despite slowdown. According to Springboard Research, IT spending will be affected in India although not to the same degree as in North America, Europe, Japan, Australia and Korea. Report by law firm Morrison Foerster's Sourcing Practice predicts that global outsourcing will take a back seat and companies will prefer on shore outsourcing solutions. The LPO players are increasing head counts whereas medical diagnostics outsourcing is still facing roadblock due to regulatory issues in US and UK. .

-Chillibreeze Business Research Team

Trends
India assures world that Satyam is a one-off incident
Outsourcing: Villain of the piece?
Ideas for venture capitalist to beat the economic slowdown
LPOs set to ramp up India headcount
Regulatory hurdles in US, UK hamper diagnostics outsourcing

Corporate Plans
TCS leads race for Sony's $100-million outsourcing deal
Mindcrest to expand Mumbai center
Infosys to set up BPO unit for I-T dept
Nokia outsources its desktop maintenance and support to HCL
Zensar bets big on hi-end BPO biz
Quintiles partners for Phase I unit in India

Reports and Surveys
Indian IT spending to slow in 2009: Report
Global outsourcing to take back seat: Report