In Conversation with Kiran Karnik
By kamla bhatt • Jan 11th, 2009Category: Bangalore, Business & Tech, Featured, Hyderabad, Ideas, India, VC & Private Equity Funding
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In early January 2009 Kiran Karnik was appointed as an independent director to the Board Satyam Computers along with Deepak Parekh and C. Achuthan. Just days before that in a stunning turn of events Ramalinga Raju, Chairmand founder of Satyam declared he had faked the profits and revenue for his company. And what was the amount? About $1.04 billion. Satyam was India’s 4th largest IT services company that traded at the Indian, American and European stock exchanges.
Satyam’s debacle has been dubbed as India’s largest corporate scandal and has riased questions about governance in the Indian corporate world. Raju, his brother and Satyam’s Chief Financial Officer are under arrest.
In November 2007 I caught up with Kiran Karnik, President of National Association of Services and Software Companies (NASSCOM) to get his thoughts about the Indian IT industry, the challenges of doing a pure-play product company in India and funding for startups. What is Nasscom doing to act as a catalyst and help innovation and startups in India? Kiran points out that Nasscom is working on creating a $25 million fund to help companies in India. Tune in to find out what else he has to say on this subject.
Tune back for Part-2 and Part-3 of the interview, where Kiran talks about how the image of Indian IT and tech industry has changed over the past 6 years.
Listen to Part-2 and Part-3 of the interview with Kiran Karnik.
Kamla Bhatt is the host and producer of an Internet Radio show where listeners can find stories about the new and emerging India and the global Indian community. As a pioneer of 'internet radio' format in India Kamla started her first show News about India, followed by TalkNewsIndia in 2005. In 2006 she premiered her new show: The Kamla Bhatt Show: Life, People and Ideas. 
[...] If you missed the earlier episode, you might want to listen to it. In Part-1 Kiran spoke about product innovation and startups in India. Technorati tags: kiran karnik, nasscom, outsourcing, bpo, india, IT, technology Bookmark with:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]
[...] If you missed the earlier episode, you might want to listen to it. In Part-1 Kiran spoke about product innovation and startups in India and in Part-2 the focus was on outsourcing and the BPO industry. [...]
[...] You can listen to Part-1, Part-2 and Part-3 of the interview with Kiran, who completes his tenure as President of Nasscom in December, 2007. Technorati tags: kiran karnik, nasscom, bpo in india, outsourcing, product innovation, startups in India, bangalore, india No comments for Interview: Kiran Karnik on Product Innovation, Funding, ITES and BPO in India » [...]
[...] her 2-year stint in India Lin also got involved with National Association of Services and Software (NASSCOM)  and the startup environment in India. She spent a lot of time with young, unproven [...]