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RE:Fascinating..
by Anurag Shrivastava on Jul 23, 2007 04:30 PM

When the "export oriented" textile manufacturers got affected because of issues with exports - they started unlocking value of their real estate. Infosys , Wipro etc are sitting on huge tracks of real estate they never really needed and the year they have profitability pressure - there goes your cafeteria and huge conference rooms when that real estate gets sold to meet street's profit expectations. In someways Murthy is no different from a Sanjay Lalabhai!

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10,000 quit TCS, Infy, etc in Q1