India Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry.
"It's a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India," said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.
Mumbai will house the 2011 World Cup secretariat and India will host 29 matches of the quadrennial extravaganza, the International Cricket Council (ICC) said here on Tuesday.
The secretariat was earlier based in the Pakistani city of Lahore.
