Software is only the more prominent half of India's IT bonanza. A glimpse of other big new line of business can be found at Selectronic Equipment & Services, a three-year-old New Delhi company where young Indian workers are paid to watch American Programs like ER and Chicago Hope. They have more rigorous duties as well. Selectronic hires stenographers to transcribe medical records for doctors in California, Georgia and Pennsylvania. Without the Internet, the vast distance was unbridgeable; with the Net in place, a whole range of labor-intensive work — or "IT-enabled Services" can be done anywhere on the globe. Ireland and the Philippines have also caught on, but India is becoming the country to beat...read more