A Texas company has decided to duke it out with IBM in India. Electronic Data Systems is located in Plano, TX. Mphasis is located in India's silicon valley - Bangalore. After IBM announced its increased interest in India, EDS decided to show just how much interest they have in the country as well - to the tune of $380 million. Compare that to the $6 billion that IBM has pledged to India, and I think IBM hardly noticed EDS' gesture. Where do these companies get this money? EDS bought 52% of Mphasis shares. Their goal - to add overseas jobs...