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Reveals that India-based software developer Tata Consultancy Services set the biggest initial public offering by a nongovernment-owned Indian company.

Reports the announcement of EBay that it would buy Baazee.com, India's biggest online auctioneer, extending its international expansion to another Asian market.

Reports on the expansion of the operations of the computer firm Microsoft Corp. in Hyderabad, India. Capacity of the office; Nature of the business of the company; List of companies outsourcing in the country.

The article reports on the business expansion of Dell Computer Corp. by opening its fourth call center in India.

Reports that the Microsoft Corporation is significantly expanding its software development operations in India. Role of Microsoft's chief executive, Steven A. Ballmer, in opening a new campus near Hyderabad; Intent of Craig R. Barrett, the chief executive of Intel Corporation, to highlight India's growing role as a source of skilled technical labor as well as a sizable market; Issue of outsourcing in the U.S. elections; Comments of Ballmer; Financial targets; Observation that other global corporations like General Electric and American Express are taking advantage of India's technical workers and lower labor costs.

Reports that some entrepreneurs are finding that India's high-technology work force is not always as effective as advertised. Comments of executives who have tried to reduce costs by contracting out software programming tasks, including Hemant Kurande, chief technology officer of Storability Software in Massachusetts; Why Kurande, who was born and raised in India, is not alone in his views on outsourcing technology work; Growth of India's exports of software and technology services; How geographic distance and differences in business contexts can be difficult to bridge; Typical challenges.

Discusses the economic and political conditions in India. Technical support for U.S. computer giants; Selling of credit cards for global banks; Preproduction, finishing and marketing of the animated films.

Discusses the potential of India's high-technology industry to affect the lives of the poor. Chasm between the educated elite and the impoverished; Concern about economic and social conditions; Debate over the taxation of the computer software industry.

Looks at the reasons why the American computer giants are setting up their business in Bangalore, India. Moderate temperature; Manpower; Ancient buildings; Views of the officials of the Hindustan Computers Limited on the importance of conducting business with foreign companies.