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Chrysler and GM bankruptcy – No impact on TCS and Wipro.

The media has been making wild guesses about the impact of Chrysler and GM bankruptcies. Economic Times went on to say how Infosys will be impacted along with TCS in case of Chrysler bankruptcy, the news made one point very clear the Media lives and thrives on speculation and Rumors. The fact that Infosys withdrew from Chrysler almost a year back and only TCS and Syntel are Chrysler’s vendors was probably not known the speculator from Economic times.

And in terms of impact Chrysler included TCS in its critical supplier list and All TCS payments were cleared by bankruptcy courts. There has been no ramp down after the bankruptcy as these companies had already planned out these things. Also TCS has started getting more work in terms of renaming the Chrysler in its applications and preparing for the Fiat alliance.

This could be the case with GM, the Government is helping these companies clean the slate in terms of Debts and nothing more. So If at all there is any impact it could be positive on the Indian vendors in long term.

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Microsoft to release Windows 7 on October 22 2009

Microsoft announced on Tuesday the expected release date of its much awaited upgrade to Windows VISTA, the Windows 7. Microsooft expects Windows 7 to be widely available by October 22. By that time you can get a retail copy of Windows 7 and most of the PCs will be preloaded with the new Windows.

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Cool commercials by IT Heavy weights despite recession

There have been some cool ads recently, after the chapter zoozoo’s for Vodafone now its time for the IT biggies to bring out their own. The coolest of em all is the Intel’s ‘Our Kind of Hero’ ad. The ad shows Ajay Bhatt (Sadly the one in the ad is not the real Ajay Bhatt) co-creator of USB (Universal Serial Bus), walking to get coffee amid adolation from his Intel junior collegaues. They have T-Shirts with his picture,autographs and more. Watch the advertisement of Intel here.

Now for the real Ajay Bhatt in Intel rockstars campaign. Intel Rockstars – Ajay Bhatt, Stephen Whalley, Bala Cadambi and Josh Smith.

The next one is the IBM commercial about power grid wastages, the ad goes on to tell about the electricity wastage in the current power grid system.One which makes you think about the wastages.

Hope someday Indian IT companies come up with something cool like this.. I mean not just copy of the above commercials but something of their own.