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IBM To Invest $6bln in India

Online Stock Market Trading By Randy Chen

fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, - or should be, when it's done right.

Stock Investing Course (AXcess News) Hong Kong - IBM announced plans to deepen its offshore business development through $6 billion in investment in India's high-tech community. The investment is three times the amount IBM initially envisioned and will be made over a three-year period, an IBM India spokesperson said.

05 pm "It's said there were many people being laid off by IBM recently. I am worried." Oasis, do yo work at IBM, like my son If you lose your job there in China, tell me. We'll have you hired by IBM Zurich Research Center. They are investing a few dozen millions to build another facility in the coming months (the reason is that, at IBM Zurich, ), and they will need competent people. I'm not kidding...

Stock Market Game IBM sees India as a strategic location for its international business, where it already employs some 43,000 in 14 cities there. In fact, India is IBM's largest foreign location and so Big Blue sees the move as a way to strengthen its brand in the booming high-tech market there.

"This is an example of how innovative technology can enable a significant business transformation providing real value to a client. IBM recognized the potential value of RFID early on and moved aggressively to support its clients in software, by investing in research and development, and with services, in building unique professional capabilities and skills, " said Augusto De Castro, Vice President Industrial Sector, IBM Italy. "An effective working relationship with honda was crucial to identify the process needs and envision true business benefits, having access to IBM competence centres to design the solution."

Stock Investing Game Plans call for IBM to develop a service center in Bangalore, develop both a systems and technology group and expand the capabilities of its high performance lab.

"The most accessible and creative. It's also the best organized." —USA Today "Will make tax preparation less traumatic." —The Wall Street Journal "Sound financial advice you can use throughout the year." —The Seattle Times Related Articles Covering Top Ways to Invest in Commodities Anatomy of a Commodities Index

Journal Prime Rate Street Wall India recently relaxed rules related to foreign investment which may have contributed to IBM's India investment decision. IBM may be considering locations inside India that offer tax-advantaged business development. Big Blue has not disclosed any details on its plans.

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Stock Market News The stock market reacted positively to IBM's India investment strategy, lifting Big Blue's (NYSE: IBM) shares 34 cents to $79.40 in early afternoon trading in New York.

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