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Foreword
The business environment in India is undergoing a dynamic change; what was
looked upon as an underdeveloped nation is now regarded as a potential economic
power, struggling to take strides in the service industry, providing multinational
companies with unparalleled opportunities. Already, India is moving to tune in to
the requirements of global markets and taking concrete steps to generate more em-
ployment.
“Brain drain”, which had been the subject of extensive talk in corporate circles,
has now been replaced by “brain gain”. The Murthys and Premjis are gaining inter-
national ...