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Jul31
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Infosys (INFY) was bestowed the rare Nasdaq honor of remotely ringing the Exchange's bell on the company's 25th year of founding. According to a report on Infosys in a leading Indian daily Hindustan Times:
Since Nasdaq's operations are entirely electronic, it can be opened from any location the world over, bringing together investors and market participants at the beginning of each trading day. Incidentally, Infosys is the only third company worldwide to have been bestowed the honour and privilege of ringing the Nasdaq bell remotely.
On its 25th birthday Infosys will disburse INR Rs 126 crore (US$ 25 million) to its Employees. (100 crore ~ 20 million). According to Chief Mentor N R Narayan Murthy "each of the beneficiaries will get a certain amount depending on their tenure in the company."
Infosys got listed on the Nasdaq in 1999 and has a market cap of about 22 billion dollars. It was the first Indian company to get listed on Nasdaq. N R Narayan Murthy one of the founders of Infosys is a business icon not only in India but world wide. He is highly regarded for infusing Infosys with a value culture similar to his own -- high professional standards, service to society, and inclusive philosophy. Narayan Murthy's towering public stature has caused speculation and even interest in the general public that he would join and clean Indian politics. But Mr. Murthy has declined to join politics stating that he would not fit that role.
The annual revenue of Infosys is approximately US $ 2.1 billion and it is based in Bangalore India. Infosys is amongst the top 10 preferred companies to work for by Engineering graduates in India.
Other posts of Interest: Infosys Technologies's Global Plans and InStep - Infosys's progarm for building Vibrant Global Workforce.
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Jul28
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Business week has published rankings of World's 100 most valuable Brands in 2006 -- a list released by Interbrand. 2 of the Top 3 are Tech Brands -- a clear sign of how Important a force Information Technology is in a Globlalized world. 15 Technology (Software,...
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Jul26
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This post continues from my previous post Zune V/s iTune and iPod. Microsoft Corp. V/s Apple Computer Inc. again. Zune will be the second offerring from Microsoft that will have a hardware and a software story. The first is XBox....
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Microsoft Corp (MSFT) has announced it line of software and hardware products named Zune. Microsoft's website for Zune "Coming Zune" is also live asking users for their email id's to get updates. Andrew Orlowski has this note on the visuals for...
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This post continues from my previous post QuarkXPress 7 beats Adobe Systems Macromedia Studio 8 to win MacWorld Editor's Choice. The Beta of Intel Mac ready version of QuarkXPress (7.01) is now available. Adobe InDesign for Intel Macs will be available...
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In my previous post Will QuarkXPress 7 help Quark against Adobe Systems I had said: QuarkXPress 7 may be Quark's last attempt to revive it self from an ongoing downsprial (market share loss to Adobe InDesign) -- while arch rival...
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Jul24
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iPod has become the mainstay of the financial revival of Apple Computer Inc (AAPL). Microsoft Corp (MSFT) has obviously been watching the financial gains Apple has had due to soaring iPod sales. Typical to its life long strategy of tinkering...
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Jul21
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Google's (GOOG) second quarter revenue for 2006 (excluding Traffic Acquisition costs TAC) was US $ 1.68 billion. Google's result beat analyst expectations of a revenue of $ 1.65 billion. Yahoo! Inc. posted US $ 1.12 billion excluding TAC. Though Yahoo! almost...
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Jul18
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Oracle Corp. (ORCL) has singled out Enterprise Search as one amongst the five targeted areas of growth for the company. The 5 areas outlined by Oracle are: Security Content Management Business Intelligence Grid Computing Enterprise Search Google (GOOG) already has two Enterprise...
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Investor Relations Web Report has ranked Microsoft Corp. (MSFT), IBM (IBM), and SAP AG amongst the top 3 providers of financial information to investors in the IT sector -after evaluating 61 companies. In explaining why the IR Web Report is being built...
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The New York Times has confirmed some blog posts that I saw claiming that the Indian government had blocked blogspot and some other blogging sites without providing an explanation. I could not test the authenticity of this claim as I...
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Jul16
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Yahoo! Inc.'s (YHOO) successful launch in Social Search has surprised many. Adding to the buzz of Yahoo Answers lately is the renowned Physicist Stephen Hawking. Two weeks ago Stephen Hawking asked a question about the survival of human race and got 24000 responses...
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Economic Times, one of Indias leading Financial Newspapers has published results of a survey done by AC Neilsen on Engineering and Technology graduates in India. Microsoft Corp (MSFT), Google (GOOG), Yahoo! Inc. (YHOO), IBM (IBM), and Oracle Corp, (ORCL) were listed as...
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Realising the importance attached to the PDF dispute between itself and Microsoft Corp. (MSFT); Adobe Sytems (ADBE) has posted a Corporate Statement titled "Adobe and Microsoft "on its Press Web site. The statement provides 3 key points about Adobe's perspective on...
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Jul13
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Within a day of my two posts on Microsoft embracing the Open Source championed Open Document Format in Word, to push back Google -- News.com published a report on Google joining the ODF Group! In my posts Microsoft tyring Open...
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Jul12
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This post continues from my previous post: Microsoft swallows Open Source Pill -- Word Converter for ODF format. I think it is not just the pressure of Govt agencies (as I mentioned in my previous post) but Microsoft (MSFT) hedging its bets...
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After trashing the Open Source movement and Linux Microsoft finally swallowed the bitter pill of the popularity of Open Source. Microsoft (MSFT) has made available the Beta version of Office Open XML converter for Open Document Format (ODF). The converter is...
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Jul 7
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eBay (EBAY) Inc. had enough of playing the nice guy and double guessing Google's infamous Don't Be Evil motto. Having watched Google (GOOG) -- one of its key advertisers -- build competitive products in (1) Google Base and (2) Google Checkout, eBay decided it...
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Jul 6
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Professor Eric Von Hippel, Head of Innovation & Entrepreneurship Group at MIT Sloan School of Management provides an excellent perspective on the causal basis for some of the Web 2.0 powered Social Networks and why people are participating in them...
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Jul 4
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Theodore Levitt, one the most influential thinkers in modern marketing, ex-editor of Harvard Business Review, and professor at Harvard Business School passed away on June 28th, 2007. Marketing Myopia Levitt's famous HBR article "Marketing Myopia" -- argued that companies sometimes fail because...
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Jul 3
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This post continues from my previous post Netscape Does a Digg. HATE IT!!!!! HATE IT!!!! HATE IT!!!! Goes an existing Netscape user "fivepip". It seems that Netscape's users are not interested to have Digg Styled -- User Powered News -- on...
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Netscape has changed its home page to make it Digg Style -- User Powered News Content. The "old" Netscape Home Page is still available to those who want to use it. From the FAQ it seems that Time Warner (TWX)...
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