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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (681)	2/13/2000 12:45:00 AM
From: Mohan Marette	Respond to of 1471

America's Indian Ambassador: "I Call It U.S.-India.Com" (With President Clinton's state visit approaching, Richard Celeste talks about the agenda and info tech) On Mar. 20, President Clinton will make the first state visit by a U.S. President to India since Eisenhower made the trip in 1959. During the intervening three decades, the world's two largest democracies have kept their distance. Due in part to India's pro-Soviet policies and socialist-style economy, and the U.S. political alliance with Pakistan, Indo-U.S. relations remained chilly. But the last decade has brought a change of political heart on both sides. Pakistan's military rulers have been accused of coddling terrorism directed against the U.S., while India has liberalized its large, lumbering economy and embraced capitalism. Though the U.S. imposed sanctions on India in May, 1998, following its surprise nuclear tests, the chill is beginning to thaw. With India's information-technology industry on the rise and vitally connected to Silicon Valley, both nations are looking for a new, probusiness alignment. Richard Celeste, former governor of Ohio and current U.S. Ambassador to New Delhi, is an old India hand. In the 1950s, he served as special assistant to then-U.S. Ambassador to India Chester Bowles at a time when a newly independent India was at the forefront of the nonaligned movement. Ambassador Celeste spoke to Business Week's Manjeet Kripalani in Bombay, just before his address at Nasscom 2000, a major IT conference. Here are edited excerpts from their conversation: Interview:- businessweek.com