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Is Infosys a CA in making
by Vijay Kurhade on Apr 13, 2007 12:20 PM

When rupee appreciates, margins on business goes down due to competition, still profits soar then there are 2 things wrong

1] company is recruiting to many junior's or fresher's to save human costs this means not a great quality in work

2] defintely some accounting goof up to keep bunch of guys on bourses happy

do not forget were news of all major it companies doing fera violations in those days, only thing was no proof was found ever

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Infosys Q4 net at Rs 1,124 cr