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Infosys Ltd. Message Board

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  • Just like old 'Mo did-so no surprise there.

    Maiduguri (Nigeria) (AFP) - Heavily armed Boko Haram Islamists kidnapped more than 100 girls from a school in northeast Nigeria, sparking a search by soldiers to track down the attackers, a security source and witnesses said.

    Bomb attack kills 71 at bus station near Nigeria capital AFP
    Deadly blasts rocks Nigerian bus station AFP
    At least 60 killed by suspected Islamists in Nigeria AFP
    Suspected Islamists kill 19 in northern Nigeria AFP
    Police: Blast in Nigerian capital kills 71 Associated Press

    The unprecedented mass abduction in Borno state came hours after a bomb blast ripped through a crowded bus station on the outskirts of Abuja, killing 75 people, the deadliest attack ever in Nigeria's capital.

    The violence underscored the serious threat the Islamists pose to Africa's most populous country, with the group capable of carrying out large-scale attacks in remote areas and massive bombings in major urban centres.

    Gunmen stormed the Government Girls Secondary School in the Chibok area of Borno after sundown on Monday, torching several buildings before opening fire on soldiers and police who were guarding the school, witnesses said.

    They ultimately overpowered the guards and entered the school, said Emmanuel Sam, an education officer based in Chibok who fled to the state capital Maiduguri after the attack.

    The girls were then forced onto trucks and driven away by the attackers, multiple witnesses said.

    Map locating Chibok in Nigeria's Borno State, site of the abductions (AFP Photo/J-M.Cornu / J. J …

    A security source who requested anonymity said more than 100 girls were taken and blamed the attack on Boko Haram, a radical group whose name means "Western education is forbidden".

    "We were able to follow the path of the truck and we found it broke down deep in the bush," the source told AFP.

  • On the Radar

    What if the United States has been waging the wrong war against the wrong enemy for the last 13 years in Afghanistan?

    Pulitzer Prize-winning New York Times journalist Carlotta Gall, who spent more than a decade covering Afghanistan since 2001, concludes just that in her new book, “The Wrong Enemy: America in Afghanistan, 2001-2014.”

    Gall told “On the Radar” that Pakistan – not Afghanistan – has been the United States’ real enemy.

    “Instead of fighting a very grim and tough war which was very high in casualties on Afghans, as well as NATO and American soldiers, the problem wasn't in the Afghan villages,” Gall said. “The source of the problem, the radicalization, the sponsoring of the insurgency, was all happening in Pakistan.”

    Gall said she first had the realization that Pakistan was fueling the insurgency in Afghanistan “very soon” after the Sept. 11 attacks.

    “I went to Quetta and found Taliban resting up there and regrouping,” she said. “They had assistance, some of them talked about being forced and threatened and told to go in and fight the Americans … and when you're there, on the ground, seeing every bombing, the suicide bombing had started, the insurgency that grew, and you investigate where it's coming from, it kept leading back to Pakistan.”

    Gall said that Pakistan’s leaders, and especially former President Pervez Musharraf, were “very clever” and tricked the United States into believing that Pakistan was an ally.

    “I think the politicians, not all of them, but the diplomats … it took ages for them to understand that actually the persuasion wasn't working; the engagement wasn't bringing them on board; they were actually double dealing,” she said. “And now diplomats will tell you very plainly, ‘Yes, Musharraf was double dealing.’”

    Perhaps the biggest betrayal of all in the U.S.-Pakistani relationship, and one that came as no surprise to Gall, was the fact that bin Laden found shelter in Abbottabad, Pakistan, for six years before he was

  • If you needed a reality check like the immoral clueless longs surely do that the country risk is rising in the land of long low hanging stink, the last 24 hrs proves that point. The lie streaming media has got the suckers to believe that the butcher of gujarat (always notice there's a rat in stinky land), will find other partners to become the new chief dot$_head, but the maoists are the real insurgency in stinky land. Once this lie is outed look for a big drop in the body oder mkt.

    Sentiment: Strong Sell

  • Reply to

    SHORTIE - PLEASE DO THE TIRADE!!

    by eddieguer Mar 29, 2014 10:04 AM

    Lastly it is not capitalism when some enemy nation exports its poverty by dumping a few million no experience nor talent cut rate visa fraud committing coliers, does not tax the colier sourcer (but cries like a baby when boeing takes an export tax credit) rips off clueless immoral foreign investors since they don't have a dot on their head. And sets up import barriers to developed world imports and services.

    Nor is it AFFIRMATIVE ACTION to have firms comply with visa and local labor laws. AA would be to have those firms that only hired smellies, lied about skills shortage when the fired experienced developed world staffers, have to replace all those smellies with really experienced and talented local legal workers.

    Sentiment: Strong Sell

  • Reply to

    SHORTIE - PLEASE DO THE TIRADE!!

    by eddieguer Mar 29, 2014 10:04 AM

    Gee I would have thought the whole whats app being bought for billions with only developed techies, one even turned down from by a smelly from the same firm that bought them would have silenced you as the elephant idol crashed you for losing face to a western.

    so let's go. I was in this db security course and they made it very clear that if you coliar source the work better data mask all the sensitive data or it will be stolen. When I asked what about production it should never be moved outside of the developed world or your data will be stolen. we all remember the cases were coliar sourcers had data stolen and last year the $45M atm rob using data that could have only come from a smelly working inside the data center in the land of the long low hanging stink. They also made it very clear that there's fines per data stolen, so when your obl loving west hating no experience nor talent idol worshiping backward tech retarding smelly sql injects their customers' data to sell for a dvd player so he can watch his fav movie how obl was a great guy, leaving some customer having the FBI show up asking why their card was used to pay an AQ front. I'm guessing you didn't run these risks just found some idot looking for a cost save bonus check and split before the complaints and suits hit. I'm going with like at the restaurant they only serve local food, or the ever popular "service is 100% North American based" code for you will never have your service call sent to a lying smelly that hates you bc from the west and taking time away from watching some insect game and making it try to speak a language it can't speak,
    the trend is away from coliar sourcing. ABC this week did a whole section on it last weekend.

    As to the GOP, I can only say that kids this is another fine eg of what doing dope will turn you into a dope. Sen. Grassly pushed to send all coliers that worked for bail out babies, Sen Sessions media pep had a great quote that s744 should not be passed USA needs Jobs.

    Sentiment: Strong Sell

  • RBIZ shows 12% rally was no fluke with follow-up 18% climb.

  • RBIZ shows 12% rally was no fluke with follow-up 18% climb.

  • Shortie,

    We LOVE your tirades. PLEASE do it. We haven't heard it for a while. PLEASE do it.

    Also - some great news! We sold another $3 million in work. All of the work will be done from our service centers in Bangalore and Chennai. Your ni99er kaala President wants to kiss your white #$%$ so he tries to outlaw capitalism by going after offshoring, but it won't work.

    Even better news is that the GOP will take back the Senate. This is the best news I have heard in a long time. Once the Senate turns GOP they will roll back any restrictions and they will protect capitalism. The GOP will also reduce the size of government. Rand Paul is a saint. I love when he said that no one should get in the way of big business and corporations should have the freedom to hire whoever they want wherever they want. This is music to our ears.

    Reduce the size of government
    END ALL AFFIRMATIVE ACTION - SMASH IT INTO A MILLION PIECES. Allow companies to hire wherever in the world they want to to maximize profit.

  • Reply to

    Good support at $48.

    by bs572 Mar 25, 2014 10:56 AM

    Very nice of you to share your concerns.

    I passed your info to my FA . He replied saying there are no Maoists in INFY; only Software Engineers. So I am most confused.; but as my FA says we live in Confusicous times.!

  • Reply to

    Good support at $48.

    by bs572 Mar 25, 2014 10:56 AM

    Don't believe it, elections in the land of the long low hanging stink start in a few days. Once the Maoist win 48 will be a long memory.

    Sentiment: Strong Sell

  • Was told not to worry; there is support nearby. What a year.!

  • Ragit er john, it's never going to happen. No coliar sourcing firm has been bought by a western firm. The trend is away from coliar sourcing to near sourcing, the Maoist will win the election, and the reform bill will outlaw the whole biz of coliar sourcing. The young smellies need to be contained as the land of the long low hanging stink is an enemy of the west.

    Sentiment: Strong Sell

  • I hope and pray that INFY gets acquired by a Western firm. It will actually accelerate outsourcing and more jobs will go to our young deserving graduates in India. Why would a Western firm spend a bunch of cash buying INFY and then NOT use the offshore resources? I hope it happens soon.

    Sentiment: Strong Buy

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  • bluethunderwrx@gmail.com bluethunderwrx Mar 22, 2014 3:47 AM Flag

    I really hate to say this but the whole BPO consulting model of INFY, CTSH, WIT, Patni, and etc. (TCS will be the lone survivor) will become outdated and decline like the PC vs tablets and smartphones. The future is cloud based software automation and business intelligence. Infosys will be the first to go. The company is losing contracts because the employees don't have the skill sets needed for the future. Just as the economic cycle of India becomes more favorable and reforms are ushered in by the new BJP led government, India Inc. or at least the IT companies will need to retool and compete with US based SaaS and cloud based solutions providers.

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  • Reply to

    Older Article but all the more relevant now.

    by nivegulu Mar 16, 2014 3:56 AM

    Oh I get it yeah it feel 21% after the earnings miss, so you're making a projection i'd go larger with moaists set to win I'm sure they already have plans on where to spend that cash. Like the smellies are going to care 1 bit about the property rights of foreign investors.

    Sentiment: Strong Sell

  • Reply to

    Older Article but all the more relevant now.

    by nivegulu Mar 16, 2014 3:56 AM

    ......continued: "Multinational IT giants including IBM, Accenture and HP, have for long attempted to build an effective offshore presence in low-cost outsourcing destinations such as India. A company such as Infosys with a ready-to-deliver staff of more than 1.5 lakh skilled software professionals and a battery of 800 active client accounts will certainly be a good fit. IBM, for instance, has a cash pile of $11.1 billion and a market cap of $236 billion while Accenture has a market cap of $50.2 billion with $5.6 billion in cash and equivalents.

    Unlike some of the other larger local IT firms such as Wipro, or HCL, and perhaps TCS, what could make it also attractive is the widely dispersed shareholding of Infosys.

    The Bengaleru-based company's promoters control a little over 16% while institutional investors have a stake of 56%. The largest among them are Life Insurance Corporation (6%), the sovereign wealth fund --Abu Dhabi Investment Authority (2.2%), and Oppenheimer Developing Markets (2.1%), besides Franklin Templeton Investments (1.8%). Despite a below-par show over the past few quarters, institutional investors have progressively raised their holdings in the company from 40% in December 2007, reflecting perhaps the premium it attracts for its top corporate governance standards.

    The recent show may have led to more questions now being raised about the management's ability to deliver more especially with peers such as TCS and Cognizant reporting far better numbers during the last few quarters. So far institutional investors have shown great faith in the ability of Infy's management buits leadership will have to get its act together faster before there is an erosion in its core support."

    Sentiment: Strong Buy

  • "articles.economictimes.indiatimes.com/2013-04-16/news/38586603_1_infosys-stock-cash-pile-market-cap
    Infosys' mammoth cash pile may attract global suitors"
    Ranjit Shinde, ET Bureau Apr 16, 2013, 06.49AM IST

    Is Infosys, once the bellwether of the Indian information technology sector and a widely respected firm now a potential acquisition target?
    For some of its global peers which have plenty of cash on their books, the opportunity may be quite tempting. Consider this: Nearly a fifth of Infosys's market cap is now represented by cash and liquid assets on its books after the slide in its stock price last week in the wake of its dismal quarterly results.
    The larger proportion of cash aggregating over Rs 22,000 crore reduces the enterprise value of companies such as Infosys, which do not have any debt burden, thus making them attractive takeover targets. The Infosys stock has lost over 21% since Friday after the company reported its lowest quarterly operating margin and provided for a guidance for a revenue growth rate that would lag the industry average for the second consecutive fiscal.
    The steep erosion in the valuation of India's second largest software exporter has catapulted the proportion of cash and equivalents to 17% of the company's total market capitalisation of over Rs 1,34,000 crore. The ratio for TCS was 2.2% and for Cognizant 12.5% at the end of December 2012. The cash-market cap ratio has increased sharply from 9.7% two years ago and 4% in the March 2006 quarter, reflecting the rapid erosion of the value of the company's core business.
    Infosys reported cash and equivalents of Rs 22,436 crore including liquid investments. The presence of cash reduces the enterprise value or the price that an acquirer would put on a going concern by an equal amount which would mean that Infosys is valued at over Rs 1,00,000 crore or approximately $20 billion.
    Who could be the potential acquirers? Multinationa

    Sentiment: Strong Buy

INFY
52.88+0.30(+0.57%)Apr 17 4:00 PMEDT

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