Indian IT Cost hit by the rising dollar

While the chinese IPO’s (Alibaba.com) are getting huge valuations..many Indian IT cos are hit by the falling dollar.

Most of these companies depend on the US for their revenues and a fall in the dollar has a direct impact on their revenue.

One of the leading companies infosys (NYSE: INFY)  lost 6.90 % today

Google Ventures :

Google has started a new program to seed startup Google Gadget Developers.  The program is called Google Ventures

 To get into the program you need to have a Google Gadget which has more than 250000 hits per month.

Then you can submit a plan for the Google Venture programme.

Short Google/Facebook

There is a very intersting article on cnn.com where the author has compared the Bollywood film industry to the Google/Facebook videos  and how in the long run they might give google and facebook a run for their money.

For those who might be wondering what is boollywood here is a link to Bollywood. 

Orkut OpenSocial Component development tool

Google has kept a good job at keeping orkut open social components simple.  Orkut OpenSocial components can be developed as Google Gadgets.

Google gadget has an online gadget editor.  You can play with the online gadget editor and test your component.

(We will not go into the code part in this post)

Once the component is ready, you can click save and assign a name to it.  If you click on the name on the gadget editor, you will see an online URL for your gadget.

The gadget is now ready to be added to your orkut sandbox, to see it running.

Login into sandbox.google.com ( see previous post).

On the left hand side..you will see a link called “applications”

Once you click the link “applications” on the right hand side..you will see a list of application and a textfield+button for “adding application by url”.

Use this option to add your Open Social gadge to your orkut sandbox by URL.

Enjoy your first  Google OpenSocial Orkut Gadge.

Google Open Social : Orkut Sandbox

With the launch of the Google OpenSocial API  developers are racing against time to write cool applications and be the first ones to get their applications listed under the google opensocial directory.

To deploy opensocial components for orkut  you need access to the Orkut Sandbox.  The sandbox is like the play area, where you can deploy your test opensocial components.

To gain access to the  Orkut Sandbox, you have to request access to google.com .

If you are lucky you will get email from google