What makes China telecom so scary?

Huawei, the world’s second-largest supplier of telecom and Internet gear, has little trouble garnering business around the globe. The Chinese company has customers in 130 countries, sells equipment to 45 of the world’s top 50 telcos, and brought in $27 billion in revenue in 2010 — enough to rank No. 352 on Fortune’s Global 500 list. With sales on pace to grow another 10% this year, it’s likely that Huawei (pronounced „HWAH-way”) will soon race past Sweden’s Ericsson and take over as the globe’s No. 1 manufacturer of communications equipment.

An Indian biz school’s road to redemption

(poetsandquants.com) — Ajit Rangnekar, the mild-mannered dean of the Hyderabad-based Indian School of Business, is looking forward to April 2012 for a whole host of reasons. For one, the business school will launch its second campus in Mohali. A big bet for the school, the Mohali campus will mark the beginning of the second chapter of ISB’s unusual story. The milestone will also mark the end of one of the most traumatic periods in the school’s short history. The institution saw one of its key founders, former McKinsey & Co. managing director Rajat Gupta, become embroiled in a massive insider trading scandal in the U.S. that led to Gupta’s resignation as chairman of the school in March.