FACTBOX - Multinational companies expand tech R&D in India
REUTERS - Global technology companies are stepping up their research and development work in India. Here are some of the things they have been doing:
* MICROSOFT
-- Microsoft employs 1,500 people at its Indian R&D center. It started off with 20 people about a decade ago. -- Some of the work for key Microsoft projects such as its search engine Bing and the upcoming Windows 7 operating system was done in India.
* SAP
-- SAP Labs India, the company's largest R&D center outside Germany, employs 4,200 people. It does two-fifths of SAP's global enterprise resource planning development.
-- Half of the global development of SAP's customer relationship management software such as CRM 7.0 was done in India, as well as a fifth of the development of SAP Business ByDesign.
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
editor's choice
One Year Later
Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. Slideshow | Full Coverage
