Random Thoughts

NASSCOM '08 forum begins on a sombre note

NASSCOM summit'08 has kciked off on Feb 13, a week later that the previous year. This time around, the mood around seems bit sombre. The crowd has not yet built up. People are sneaking in slowly.

This was unlike last year. There was a definite enthusiasm in the air then. The IT industry that time was far off from the demons of globalisation --- weakening dollar, smuborime turmoil and slowing US economy. The last year's event looked more like a live wire.

The situation has changed for worse since then. The industry is feeling the heat from the demons not only on the operations front but also on bourses. So, the slack opening for this year's session may not be a surprise afterall.

posted by Ranjit @ 2/13/2008 10:43:00 am