Well the behemoths have spoken. Infosys hit the 2billionUSD mark and then TCS came out with its results showing that it had just missed the 3billionUSD mark by a whisker (figures at $2.97B). Not to be left behind TCS went out and declared a 1:1 bonus for its investors and I hope that they have a wonderful dividend coming our way soon too. In the next day of trade the share price hit an all time high playing around the Rs.2050 mark during intraday trade. And of course there was the usual analysis and data hitting the news channels. CNBC went out of the way and had an exclusive interview with Feroze (Nadrivala not sure of the surname) the head of corporate affairs. A flamboyant speaker who was ready with all the figures and facts and a sound temperament to handle the dumb CNBC journos that he had to face that early in the morning.
All in all the season has been ripe in the IT sector for the Indian companies and all have seen a steady increase in the number of clients. And more lucrative high end deals being snatched by these companies shows that they are able to compete with the global giants along the lines of Accenture et al. With recruiting in these companies on the roll there is a shortage for talent in the high end services segments and they will continue to command a high premium for their services.
That said there seems to be a dearth for aeronautic professionals in the growing aviation industry in our country and everyone is scouting out for talent. You can guess their desperation when they say "Senior ..." and the requirement states that a year of experience is all that you need to qualify to apply:). Well let the good times roll.
Apologies if you found the title a way too cocky this time:) I liked it though.. hehe
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