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Issue Date: June 2009 7/3/2009
 
Tele-tastic

Tata, Cisco deal positions companies on forefront of telepresence market


 
The demand for telepresence services is on the rise and Indian telecom heavyweight Tata Communications Ltd. has forged an early foothold in the industry through its workings with Cisco Systems Inc.

Telepresence takes video conferencing to a whole other level. It provides life-like, high-definition audio and video conferencing. Telepresence rooms are set up so that participants in the conference all appear to be sitting at the same table, with large video screens on one side of the table displaying the participants in other rooms. The video images of participants are life-sized, so people appear exactly as they would if they were physically sitting across from the table. Sound and video is specific to each video screen and individual, so that when someone talks from one end of the video table the sound comes from that position. For those facing the video screens, they do not see themselves on a split screen like video conferencing, but instead only see the telepresence participants across from them.

Telepresence is touted as an alternative to traditional face-to-face meetings and a way for companies to save money on travel costs and time and improve long-distance collaboration.

(Click on headline for complete article)

 
 

 

Prometric scores big with CAT
 
 
Md. company to collect $40M for computerizing prestigious Indian test


BALTIMORE, Md. – Prometric Inc. has bagged a $40 million deal to computerize the Indian Institutes of Management’s Common Admissions Test.

 
Striving toward a new vision for corporate real estate
 
 
CresaPartners’ Bangia backs shift from one-off deal focus


MINNEAPOLIS, Minn. – Vik Bangia has a vision for a more evolved corporate real estate world and his passion for this has taken him to CresaPartners.

 
U.S. grads tackle India water problem
 
 
University of Va. business students win backing for Clean-India


CHARLOTTSVILLE, Va. – Four newly-minted graduates and at the University of Virginia’s Darden School of Business have devised a way of cleaning up the water in Tirupur, India. Ravi Yekula, Baijnath Ramraika, Matt Dixon and Charles Ransler hatched Clean-India, a company aimed at water detoxification used by large textile companies during the dyeing process.

 
Boston company hawks best strategy for India
 
 
India Strategy Consulting credits continued growth to “laser focus” on India


CAMBRIDGE, Mass. – While many business consulting firms are feeling the bite of the bear market, executives at one such local firm say their company remains busy.

 
Report cautions U.S. against turning back on globe
 

WASHINGTON – Business Roundtable, an association of chief executive officers of leading U.S. companies, has emphasized in its “Regaining the Initiative: A Blueprint for U.S. Trade and Investment,” that domestic economic recovery efforts cannot deliver their full potential without policies that facilitate American economic leadership and competitiveness in the global marketplace.

 
Inder Guglani: Freelance Guru
 

Shrewd brand-driven acquisition helps push Guru.com to top of online freelance industry

PITTSBURGH – What’s in a name? If you ask Inder Guglani, chief executive officer of Guru.com, he will tell you: “Everything.”

 
Cempra raises additional $46M
 
VC Report

Cempra Pharmaceuticals Inc., an antibiotic development company, recently raised $46 million in third round funding.

The funds will be used for the continued clinical development of CEM-101 and CEM-102, oral antibiotics for infections, such as pneumonia and staph infections, according to the Chapel Hill, N.C.-based company.

 
Study: Indian students look to home
 
Duke researcher finds Indians still flock to United States for school, but increasingly plan to return back to India


DURHAM, N.C. – For years, talented young people in India looked to the shores of the United States as a beacon for career opportunities. Many would book one-way airline tickets, enroll in American colleges and live out their lives as American citizens and highly productive members of the nation’s workforce. But according to recent research, India’s love affair with the United States, at least in regards to its job market, may be cooling.

 
AYURVEDA RISING
 
 
Are U.S. drug practices hindering a viable and proven medical alternative?


There are a growing number of patients in the United States looking backward through time to the ancient Indian practice of Ayurveda to fill the void they say both modern medicine and the pharmaceutical industry leave behind. But whether patients can access this holistic treatment is being tested.

 
Harvard connects mother’s height to baby health in India
 

Kids of moms below 4’9” much more likely to die

BOSTON – Researchers at the Harvard School of Public Health have found a link between a mother's height and the health of her children in a study using national data from India. 

 
AAHOA convention descends on D.C.
 
 
Political theme prevalent as hoteliers celebrate 20th

WASHINGTON – As promised, the Asian American Hotel Owners Association annual convention, held in Washington, D.C., from April 22-25, showcased the group’s growing political clout.

 
Md. man grills up grand plans for Baja Fresh concept
 
 
Ex-banker buys, converts six corporate restaurants

BALTIMORE – For Baja Fresh Mexican Grill franchisee Sumeet Goel his second attempt to get a helping of the Mexican food chain has been a charm.

 
Make effort to promote diversity within system
 
 

What does the term “diversity” mean to you? To many, diversity simply relates to the matter of race, but in the workplace this term takes on multiple meanings. An individual’s age, gender, race, talent, culture and even physical attributes make them diverse in their own way.

 
Sen. Dodd joins India Caucus at AAHOA
 

NATIONAL HARBOR, Md. – Senator Christopher Dodd, D-Conn., chose the recent Asian American Hotel Owners Association’s Annual Convention & Trade Show as the stage to announce his appointment as the Democratic co-chair of the U.S. Senate India Caucus.

 
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