Microsoft, Yahoo deal: Good for Indian operations

BANGALORE/HYDERABAD: The multi-billion-dollar acquisition bid by Microsoft for Yahoo will have reverberations in India, which has grown into a vital link in their development chain over the past few years. Employees of the two companies often rub shoulders in the pubs of Bangalore, the country's technology hub, but their work is quite different from each other. Industry insiders say this should make outsourcing workers a bit relieved because it gives little room for any kind of duplication or downsizing. With little time to react, employees in both companies are adopting a wait-and-watch attitude. Yahoo currently has a total headcount of 1,500, with its R&D operations solely located in Bangalore. On the other hand, Microsoft India Development Centre in Hyderabad employs 1,400 people.