Wher"e" is it going
While I was away following the US Financial crisis rather the forthcoming global financial crisis and see a mammoth like Lehman Brothers fall to what people call bad debts, my favorite topic of discussion has not been discussed much by others either. The SAP's and Oracle's are no longer fighting to get new clients, they are only shielding themselves from not facing the brunt of existing clients and wait for a slow exit. Is this financial crisis only affecting the financial sector or the IT sector or is it affecting all other sectors. Tourism dipped, Auto dipped, Infrastructure was on a rise until recently, the demand for textile and clothing in the USA and the Europe has gone down. The only solace that govt. must have had is that the global crude oil price has come down to the present $ 107 over last 2-months, from the peak level of $146/barrel 4-months back. The new start ups which were growing MoM and YoY and they were doing wonders in getting C2C and B2C links and were