Bullish on India: In an interview with CNBC-TV18, the USISPF chairman reiterated his belief that the country is on course to becoming the world's number one economy, citing its burgeoning youth population, with an average age under 26, as a valuable resource for innovation and job creation.
Cisco's efforts to set up another global headquarters in Bangalore hasn't exactly gone to script.
In conversation with CNBC-TV18's Senthil Chengalvarayan and Forbes India's consulting editor, Mitu Jayashankar, the CEO and chairman of Cisco, John Chambers discusses his strategy based on market transitions.
Credit ratings agency S&P unleashed a series of ratings downgrades on Friday, bringing the focus squarely back on the eurozone.
The credit ratings downgrade by Standard and Poor`s of nine euro zone countries, including France and Italy, will likely lead to changes to the European Financial Stability Facility (EFSF), the Chairman of the sovereign debt committee at Standard and Poor`s told CNBC on Monday.
In an interview with CNBC-TV18, Chambers said the rating agency would shortly take a call on the EFSF’s rating.
CISCO had recently announced plans to cut down, re-align and redeploy its workforce as a part of its strategy to focus only on its core business globally. The plan seems to have triggered double digit attrition in CISCO India, especially among its senior employees, reports CNBC-TV18’s Sunanda Jayaseelan.