US president Barack Obama told students on Sep 14, 2010 at a school in Philadelphia, Pennsylvania ?At a time when other countries are competing with us like never before, when students around the world in Beijing, China, or Bangalore, India, are working harder than ever, and doing better than ever, your success in school is not just going to determine your success, it’s going to determine America’s success in the 21st century?.
Obama has been urging American students to toil harder at school, saying their success would determine the country’s leadership in a world where children in Bangalore and Beijing are racing ahead in science and technology.
Bangalore is home to world renowned institutions like the Indian Institute of Science, Indian Institute of Management (IIM Bangalore), Indian Institute of Information Technology, National Law School of India University and Institute of Bioinformatics and Applied Biotechnology. Continue reading
The recession which started in 2008 has bottomed out but many economies are yet to see signs of recovery in 2010. Growth in the global economy is likely to slow towards the end of 2010, the International Monetary Fund has warned, due to weakness in the financial sector and the crisis of confidence in some national economies.
Travel and tourism was hit hard by the credit and housing market collapses experienced in many countries, with households cutting back on leisure travel and corporations reducing business travel.
According to a recent Business Travel Survey, travelers in 2010 have become smarter about value, and have found ways to reduce expenses over the last year. 71 percent of travelers surveyed changed their business travel habits. More business travelers are flying economy class, cutting meals costs and sharing rooms with colleagues due to the economic slowdown. Hotel location and price are the most important factors to a majority of business travelers.
Bangalore hotel apartments industry is dependent on business travel associated with the IT & BPO industry. The city has seen rates fall as a result of a drop in demand due to the global recession coupled with significant new hotel openings. Serviced apartments have grown in popularity among both business and leisure travelers. Continue reading
Alcove Service Apartments is pleased to announce the launch of it new property in Bangalore on 19 September 2010. In the year 2003 Alcove founders set up the first ?Alcove Service Apartments? for companies & travelers who are interested in experiencing homely stay. Since then, the group has expanded its serviced apartments across Bangalore, Chennai, Hyderabad, Pune and a resort in Coorg. It has been voted by customers as among the best-run service apartments in India.
The new property consists of a 3-bedrooms, hall and Kitchen? apartment in the ground floor, two apartments on the first floor, each with 2-Bedrooms, hall and Kitchen? and another two apartments on the second floor, each with 2-Bedrooms, hall and Kitchen. In all, it has eleven rooms. These can let out as individual rooms or as a 2 BHK or a 3 BHK complete unit. Continue reading