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COVER STORY
The big, big fight

The global Big Six have been ramping up their offshore development capabilities on a war footing. The next 18 months will see IBM, EDS, Accenture and the others add more heft to their India operations through organic growth and big-ticket acquisitions. Just how prepared are Indian IT services majors for this new game?

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in depth
The risk advantage
The risk appetite of the global equity investor is increasing. At the same time, Indian stockmarkets are offering high premiums over risk-free returns. Making sense of the rising Sensex.
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in vogue
The blog biz
While most people blog for the love of it, some entre-preneurs are taking it a step forward and making their online journals into an extra source of profit - and sometimes a full-time job!
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WEB EXCLUSIVES

Stock sense
A comma now and then

Nifty paused mid-week, but recaptured lost ground. Will it resume the journey in earnest?
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Invisible India
An index of disgrace

Where is the education cess going? Asks Latha Jishnu.
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Pharma Capsules
Pharma Focus ( 3-16 September 2005 )
Your fortnightly update of all that is happening in the pharmaceutical sector.
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IN THE NEWS
Consolidation drive
Kumar Mangalam Birla speaks to BW, about the rationale behind the merging of Indo-Gulf Fertilisers and Birla Global Finance with Indian Rayon. He says it's a win-win situation for all three entities.
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The Big Apple cart
PM's US visit promises to yield substantial business and diplomatic gains for India
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Setting stocks on fire
Is Anil Ambani the new bull on the blocks? With the deals he has struck, very much so.
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Gasping for capital
Escorts, the erstwhile auto and agri machinery major is facing acute cash crunch. Who will bail it out?
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EDITOR'S NOTE

A global contest

The contest between Indian IT service majors and the global Big Six - IBM, EDS, Accenture, ACS, CSC and HP Services - has been in the making for a while. It's just that we have now come to the exciting part. Many of the Big Six are building up their India operations rapidly to be able to tap into the cost advantage enjoyed by the Indian majors.
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BOOKMARK
Review
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IN DEPTH
Faced with a worsening supply shortage, the government is making efforts to get more coal. But before that, many knots have to be untangled.
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The battle for the spectrum between GSM and CDMA rages on. Is it worth the cause?
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Can Mumbai's innovative plan to resettle 55,000 families become a model for the country?
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A wave of consolidation in this fragmented industry has regrouped the top league within a year.
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Second round of the 'Great Places To Work' seminars in Delhi and Bangalore. A photo essay.
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COLUMNS
guest column : rahul gaitonde

Winning where Netscape failed

Like Netscape in the 1990s, Google is now seen as a competitor to Microsoft. But the strategies are starkingly different.
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BW opinion

A portentous verdict

The Allahabad High Court’s verdict on delicensing of the sugar industry is dynamite; it could torpedo the reforms
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