else where in the biz world, UB group, the vijay mallya owned liqour giant is all set to rule the kingdom with the recent acquision of SWC, known for its flagship bottle, Royal Challenge.
within six months, we would witness one of the biggest mergers in the liqour markets the world over. UB group is gonna consolidate and merge its acquisitions, SWC, Herbertsons (known for Bag Piper), McDowell's and Wilbey's, paving way for some key international acquisitions in the near future.. watch out!!
Oracle's Larry Ellison has finally subdued SAP in taking over Retek.. the battle was on for about a week..
and InteactiveCorp takes over Ask Jives, a key search engine on the net.
and to conclude with a ray of hope.. india is destined to be a key manufacturing base for MNC players in the IT related segments.. the strong economic growth put up by india is cited as the shot in the arm...me wondering when india qould be able to overtake china, the forerunner in the race, in the manufacturing segment? will it ever happen?
on an after thought, i am a wee bit concerned about the US criticism on india's bad recrod on curbing women and child trafficking.. if the situation gets worse and we slip ourselves into tier 3 (worst situation) category among countries that fail to curb human rights violations... unless we see through it and take a strong stand with legal bindings, the situation is sure to get worse.. and will adversely affect the prospects of doing business with the MNC giants, especially the ones from papa's own country.. another pain in the **s duh!!
so long
roy
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