This is with reference to the article'Why too much cash isn't good for you' by Mr.R Jagananthan which appeared in DNA ON 12-04-09.He is right in his analysis of Bajaj auto, the cash giant of 1980s which is overtaken by Hero Honda.In the case of Infosys Technologies the situation is similar to that of Bajaj auto in the 1980s.They are siting on too much cash and afraid to invest and expand in the business well known to them.As indicated in the article if they don't change now they will not be there as number or number two IT major, ten years down the lane.Well thoughtout and meaningful article.
No comments:
Post a Comment