Indian IT major Infosys Technologies Ltd will have the honour of ringing the opening bell of the Nasdaq national market from its Mysore campus on July 31.
"Infosys will become the first company in the region to ring the market’s remote opening bell for trading in the presence of Nasdaq president and CEO Bob Greifeld and Planning Commission deputy chairman Montek Singh Ahluwalia," Nasdaq Asia-Pacific managing director Ghanshyam Das said.
As the first Indian company to be listed on Nasdaq in March 1999, Infosys became a trendsetter for a host of other Indian firms to tap the US capital market.
The upcoming event will also mark the country’s second largest IT bellwether’s 25th anniversary celebrations in its sprawling 270-acre Mysore campus that is home to the world’s largest corporate leadership institute.
The opening bell ceremony will be witnessed worldwide when Infosys will recreate the marketsite experience remotely by clicking on the replica of the Nasdaq electronic sign-in screen that will be installed for the occasion.
"Signing the Nasdaq podium with signatures of CEOs and dignitaries is our long tradition and representative of the market’s electronic trading model. The opening bell is a ceremonial event that represents the beginning of the trading day," said Mr Das. Infosys chairman and chief mentor N.R. Narayana Murthy, CEO and managing director Nandan M. Nilekani will be joining Mr Greifeld and Mr Ahluwalia to sign-in for commencing the trading day.
Infosys to ring Nasdaq bell from Mysore
July 27, 2006, 10:22 amDigital content market to grow
July 27, 2006, 10:21 am
In the long run, digital rights management and conditional access for digital content distribution will enlarge and enable the market for digital content, not suppress it, according to ABI Research, a technology and market research firm.
"Consider the automotive metaphor," advises research director Vamsi Sistla. "At present, consumers of digital media are where the first motorists were at the beginning of the 20th century. As the first generation of cars hit the streets, there were no driver’s licenses, license plates, traffic signals, stop signs, one-way roads, or speeding tickets. As these ‘restrictions’ were progressively introduced, motorists objected strenuously to each new limitation on their ‘freedom.’ Yet today, most acknowledge that they allow us to enjoy relative safety on the roads."
When you buy a book or a CD, you can freely lend or give it to somebody else. For digital media today, that kind of freedom is indeed curtailed by digital rights management (DRM) and conditional access (CAS). However, these technologies are still in their infancy; they’re in a process of evolution that will eventually result in a balance that preserves as much as possible of that pre-digital freedom. We will start to see its true shape by the end of this decade.
For drivers on today’s "information freeway", accountable to no-one, DRM and CAS licenses seem intrusive, unwarranted and negative. In Europe, proponents of interoperability and "access for all" are going so far as to legislate against licensing models such as Apple iTunes’, and to call in the ombudsmen, Mr Sistla says.
These attitudes show that the consumer presently enjoys considerable sympathy: DRM sets limits, so break the DRM. Yet eventually, ABI Research believes, such protections will be seen as inevitable and necessary to the smooth functioning of digital entertainment and commerce.
Linux on mobile
Linux is increasingly becoming the preferred operating system for mobile equipment manufacturers such as NEC and Panasonic, among others. The Diffusion Group, a research firm focused on the connected consumer, forecasts that Linux will surpass SymbianOS market share in smartphones by 2010 with 26.6 percent of the market.
"The growing use of Linux for mobile devices lowers the barrier of entry for providers of packaged solutions for OEMs," says Stuart Cohen, CEO of Open Source Development Labs (OSDL), a global consortium dedicated to accelerating the adoption of Linux and open source software, as mobile Linux platform provider a la Mobile became an active member in the Labs’ Mobile Linux Initiative. OSDL sponsors industry-wide initiatives focused on Linux in telecommunications (Carrier Grade Linux and Mobile Linux), in the enterprise data centre and on corporate desktops.
"Consider the automotive metaphor," advises research director Vamsi Sistla. "At present, consumers of digital media are where the first motorists were at the beginning of the 20th century. As the first generation of cars hit the streets, there were no driver’s licenses, license plates, traffic signals, stop signs, one-way roads, or speeding tickets. As these ‘restrictions’ were progressively introduced, motorists objected strenuously to each new limitation on their ‘freedom.’ Yet today, most acknowledge that they allow us to enjoy relative safety on the roads."
When you buy a book or a CD, you can freely lend or give it to somebody else. For digital media today, that kind of freedom is indeed curtailed by digital rights management (DRM) and conditional access (CAS). However, these technologies are still in their infancy; they’re in a process of evolution that will eventually result in a balance that preserves as much as possible of that pre-digital freedom. We will start to see its true shape by the end of this decade.
For drivers on today’s "information freeway", accountable to no-one, DRM and CAS licenses seem intrusive, unwarranted and negative. In Europe, proponents of interoperability and "access for all" are going so far as to legislate against licensing models such as Apple iTunes’, and to call in the ombudsmen, Mr Sistla says.
These attitudes show that the consumer presently enjoys considerable sympathy: DRM sets limits, so break the DRM. Yet eventually, ABI Research believes, such protections will be seen as inevitable and necessary to the smooth functioning of digital entertainment and commerce.
Linux on mobile
Linux is increasingly becoming the preferred operating system for mobile equipment manufacturers such as NEC and Panasonic, among others. The Diffusion Group, a research firm focused on the connected consumer, forecasts that Linux will surpass SymbianOS market share in smartphones by 2010 with 26.6 percent of the market.
"The growing use of Linux for mobile devices lowers the barrier of entry for providers of packaged solutions for OEMs," says Stuart Cohen, CEO of Open Source Development Labs (OSDL), a global consortium dedicated to accelerating the adoption of Linux and open source software, as mobile Linux platform provider a la Mobile became an active member in the Labs’ Mobile Linux Initiative. OSDL sponsors industry-wide initiatives focused on Linux in telecommunications (Carrier Grade Linux and Mobile Linux), in the enterprise data centre and on corporate desktops.
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