AVERAGE URBAN TELEDENSITY CROSSES 100% MARK

Close on the heels of celebrating 500 million mobile customer mark, the country’s cellular phone market has now crossed another major landmark: The average urban teledensity in India has now crossed the 100 per cent mark as per latest figures released by the department of telecom (DoT). This implies the country’s towns, cities and metros, all of which are classified as ‘urban’ by the government, now have as many mobile connections as that of their population. In March 2008, the country’s urban teledensity was about 60 per cent, which jumped to over 85 per cent in March 2009 and it has now crossed the 100 per cent mark.

The Economic Times

One night @ the Call Centre-in Hinterland

Welcome to the world of rural BPOs—an idea that has potential to dramatically change the way people look at rural and semi-urban workforce. While rural BPOs are changing lives for the village youth, for many companies the trend accompanies a big relief from increasing costs and nagging attrition in their urban units. Little wonder then, rural BPOs are growing at an impressive 60% clip, according to estimates.

The Economic Times
http://economictimes.indiatimes.com/
articleshow/msid-3085379,flstry-1.cms

China property boom falters, but crash unlikely

High prices, rising interest rates and a government drive to cool speculation are dampening the market. Many Chinese bought property several years ago partly because of talk that preparations for the 2008 Beijing Olympics would boost prices in the capital and other cities — so now that the Olympics are near, some fear a crash may be looming

The Economic Times
http://economictimes.indiatimes.com/International_Business/
China_property_boom_falters/articleshow/2638934.cms