8/6/2019 Shan Nair bags 2008 Outstanding 50 Asian Americans in Business Award

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May 23, 2008 INDIA JOURNALINDIA  JOURNAL B

BUSINESSBUSINESSSECTION

INSIDE THIS SECTION

India Bhutan Economic Engagement to Touch Rs100 Billion B4

Indian Inflation Veers Out of Control: Touches 7.83% B4

Speaking Freely: Challenges for Air-India B13

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PERSON OF THE WEEK

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 Mike Sethi

BY A.MATTHEWS

NEW YORK, NY – Dr. Shan Nairon May 5 was named the recipientfor the 2008 Outstanding 50 Asian

 Americans in Business Award, pre-sented by the Asian AmericanBusiness Development Center(AABDC)The awards honor Asian Americanentrepreneurs and executives withgreat achievements in business

nationwide. Nair will receive theaward at a banquet on May 28 atThe Waldof-Astoria here. The2008 awards recognize achieve-ments from 2007 and is the firstand largest business award pro-gram for the Asian American busi-ness community.In an interview with India Jour-nal, Nair reacting to the award saidhe felt deeply honored to be se-lected among so many outstand-ing Asian Americans and was look-ing forward to the awards cer-emony and the opportunity tomeet other awardees.

 Asked why he felt Asian Ameri-cans were successful in business,he opined that

 Asian Americans often come witha strong work ethic that suggestsnot taking anything for granted. Contd. on B13

Shan Nair

Shan Nair Bags 2008Outstanding 50 Asian

Americans in Business Award

“They have an instinctive grasp of doing business and are often firstor second generation with first-hand knowledge about the hard-ships back home. Many come withan ‘American Dream’ in mind andare smart enough and persistent

enough to create their own suc-cess,” he added.

Sanjay Sobti

By AMELIA M.

ORANGE /CORONA – CA - TheU.S. Law Center is a nationwide,full-service immigration law firm

US Law Center Offers Top Immigration Services

that provides large corporations,small businesses and individualswith a full range of immigrationprocessing and placement services.

Practice of law started in 1998. Attorneys Mike Sethi and SanjaySobti are based in Southern Cali-fornia with offices in OrangeCounty and Riverside County.Speaking with India Journal theysay they travel throughout the USto meet with clients and attributetheir ‘ success to their thoroughunderstanding of current andevolving immigration law. Many of their clients come as referrals,

which they consider a ̀ `tribute tothe responsive and personal servicethat is a hallmark of our practice.”The Law Center has grown overthe years to where it has offices in

NEW DELHI - The Indian soft-ware industry lost about two bil-lion dollars of revenue this yeardue to use of pirated softwares, a study has said.

 A study by the Business Software Alliance (B.S.A.), an internationalassociation representing the globalsoftware industry, showed thatthough computer software piracyrates in India declined, the coun-try still registered losses to thetune of $2 billion in 2007 in mon-etary terms, compared to $1.28billion in 2006.Piracy of software on Personal

Computers (P.C) in India has comedown to 69 percentage points for2007, toeing the global trend inwhich piracy rates dropped inmost countries, the study said.The software piracy menace hasbeen haunting the major softwaredevelopers like Microsoft.Microsoft (India) Managing Direc-tor Neelam Dhawan had earliersaid the industry is losing a largeshare of its revenue due to circula-tion of pirated softwares.It has also acted as an dampenerfor the local software firms for de-veloping applications.“There are less Indian success sto-ries of software applications being adopted on a large scale as India 

has a high piracy rate and there-

Computer Software PiracyComputer Software PiracyComputer Software PiracyComputer Software PiracyComputer Software Piracy

Costs India $ 2 BillionCosts India $ 2 BillionCosts India $ 2 BillionCosts India $ 2 BillionCosts India $ 2 Billion

 Microsoft India M.D. Neelam Dhawan

fore Indian compa-nies do not makemoney,” an industryexpert said.Software piracy af-fects much morethan just the indus-try revenues, it evenhits the job marketand eventually thecountry’s economicgrowth.

 An I.D.C. economicimpact study re-leased in Januarythis year found that

by reducing P.C. soft-ware piracy in India by 10 percentagepoints over a periodof four years couldgenerate an addi-tional 44,000 new

 jobs, $3.1 billion in

NEW DELHI - India hasemerged as the second largestseller of carbon credits in theglobal market with six percent share in 2007, whileChina tops the list with a huge73 percent, a World Bank re-port said. Contd. on B13

India 2nd Largest Seller ofIndia 2nd Largest Seller ofIndia 2nd Largest Seller ofIndia 2nd Largest Seller ofIndia 2nd Largest Seller ofCarbon Credits GloballyCarbon Credits GloballyCarbon Credits GloballyCarbon Credits GloballyCarbon Credits Globally

“India and Brazil, at 6 per centmarket share each, transactedthe highest volumes afterChina in 2007,” said the re-port ‘State and trends of thecarbon market 2008’.Certified emission reduction

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