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MOTLEY COLLECTION OF BUSINESS AND ECONOMIC NEWS |
 Indian tech superstar to assist Bill Gates
Microsoft Corporation India has announced that Abishek Kumarasubramanian from Indian Institute of Technology, Chennai, has been selected for a one-year internship with Bill Gates and will work directly with his technical assistant’s team in Redmond. This team comprises the world’s best technologists who formulate and drive Microsoft’s technical strategy. Abishek was selected after seven months of rigorous competition under an initiative named Code4Bill, which was announced by Gates during his last visit to India. Over 20,000 students registered for the contest, which included three online technical challenges, and two rounds of one-to-one interviews.
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 Now, a company can be formed in just an hour
Incorporation of a company in India is now just an hour-long affair. On August 1, the Registrar of Companies for the National Capital Territory let entrepreneur Pawan Kumar Vijay incorporate a private limited company within an hour after he applied for it electronically. The new company, Corporate Professionals eSolutions, was incorporated after completing all formalities and in due adherence to statutory needs like submission of MoU.
“This is a record of sorts. Even in the US, it takes an average of three days to incorporate a private limited company. In the UK, which is known for faster delivery of Government services, a company can’t be formed in less than four hours,” says Minister for Company Affairs, Prem Chand Gupta.
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 126 US grads join Infosys, start training at Mysore
Infosys has announced the arrival of 126 new hires from universities in the US as the first batch of the Infosys Global Talent Programme (GTP). These new hires, the largest group of foreign nationals recruited to work in India, begin their six-month, customised education program at Infosys’ Global Education Centre in Mysore. “This is truly a momentous occasion for Infosys. The arrival of these American graduates marks the creation of a true global village at our centre in Mysore. We have trainees from all over the world that will begin their professional careers here with Infosys,” N.R. Narayana Murthy, chairman and chief mentor of Infosys, says.
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September 2006
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