The Taj Mahal Hotel in Mumbai, India, had been warned about the possibility of a terrorist attack before a 60-hour rampage began Wednesday, leaving at least 183 people dead, the chairman of the company that owns the hotel said Saturday.
Fareed Zakaria, host, Global Public Square: Ratan Tata is the chairman of the Taj Group of hotels, and also the Tata Group -- the largest private corporate group in India. It has interests in steel, cars, communications, computer technology, power -- and, of course, hotels. Their revenues last year were $62.5 billion.
India is fast becoming known as a nation of outstanding entrepreneurs like IT tycoon N. R. Narayana Murthy. Now, according to new survey of Indian business schools, many others are keen to follow this example.
It would be easy to imagine Reno, Ohio, as the type of place that would be hit hardest by outsourcing - a small American town losing out to the invisible hand shifting jobs to places like Bangalore and Guangzhou. Instead, outsourcing is bringing the jobs to Reno. Across the street from an Army Reserve center and next to a farm, a customer-service call center hums, its 250 workers answering phones for online travel agency Expedia. The center's owner? Indian conglomerate Tata Group.
Nearly half of U.S. IT jobs involve the upkeep and maintenance of computers - a sector previously thought to be safe from offshoring. But technological change is sweeping the industry, and soon the servers that host your favorite websites or run your online banking could be run from halfway around the world.