Thursday, April 23, 2009

...but they ain’t worried! It’s competency & quality that promise the future for Indian IT giants; not ‘luck’!

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

They ain’t as ‘lucky’ as Martha...

Yes, at this perplexing crossroads, the pertinent question which strikes the conscious remains – was our ‘so-considered’ mega-competence in the IT Services field just a myth, with ‘titans’ of the trade proving our ultimate shame? Or will the vanguards of the Indian IT brigade, protect its citadel of glory, far into the 21st century?

Instilling confidence, Rob Enderle, Principal Analyst, Enderle Group tries his bit as he asserts, “Just because one firm [Satyam] turned out to be rotten does not mean that the entire sector is a basket of rotten apples.” But doubting Thomases need more, and here’s some proof: while on one hand the big names mentioned above have seen their shares tumbling at the bourses, the other biggest three Indian IT Services companies (Infosys, TCS and HCL) have managed to maintain a steady stock price and investor confidence even after the Satyam scam broke out in the first week of January. Even their financial health (as per the Q3, FY2009 results) paints an encouraging picture, with the top three reporting considerably increased profit margins – Infosys (net profits of Rs.16.41 billion, an increase of 31.4% over Q3, FY2008), TCS (Rs.13.53 billion, 7.7%) & Wipro (Rs.9.78 billion, 11.3%).


For more articles, Click on IIPM Article.
Source :
IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and
Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

ZEE BUSINESS BEST B SCHOOL SURVEY

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