Hotmail cofounder looking for hot local opportunities, Star Tech-Central, 18 Jan 2005

“Hotmail cofounder Sabeer Bhatia was in town last week surveying the landscape for potential investments in the country. Saying that he was impressed with the ICT infrastructure and business environment here, the Indian-born multimillionaire entrepreneur also suggested that a development centre here might be on the cards. Sabeer, who is currently CEO of Indian-based Navin Communications, said he was currently working on "five new ideas" and was scouting for suitable locations to base some of the works-in-progress.�

Full story at http://www.star-techcentral.com/tech/story.asp?file=/2005/1/18/technology/9907870&sec=technology