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Nandamuri Rulz

By Nandamuri Rulz
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sandeeps Collaborator

sandeeps

Posted
Posted

Sandeep vuncle Infy dhaggara cash reserves minimum 20K Crores vuntayi

Gaadida egg em kadu adi epudoo

Baaga taggayi from 2009

 

Last year 3 k crores unayi anru ipudu oka 10.% fine vala potai

Employees ki sal penchakunda eelu endi out of court settlements cheskuntunru :wall:

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Dravidict Rookie

Dravidict

Posted
Posted

Gaadida egg em kadu adi epudoo

Baaga taggayi from 2009

 

Last year 3 k crores unayi anru ipudu oka 10.% fine vala potai

Employees ki sal penchakunda eelu endi out of court settlements cheskuntunru :wall:

3K enti vuncle comedy ga. nenu join ayinappudu 17K C + cash reserve vundhi. evari dhaggara antha vundavu. Last year Lodestone ni acquire cheyyataniki ~ 2K crores ayyindhi. min 15K C vuntundhi ippudu kuda.

Salary hike icchadu ga. Naku 10% vacchindhi :peepwall:

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Dravidict Rookie

Dravidict

Posted
Posted

Gaadida egg em kadu adi epudoo

Baaga taggayi from 2009

 

Last year 3 k crores unayi anru ipudu oka 10.% fine vala potai

Employees ki sal penchakunda eelu endi out of court settlements cheskuntunru :wall:

Look at the below article back in March, this year. 22K Crores cash reserve appudu. appatike lodestone acquisition kuda ayipoyindhi.

 

Infosys seen more open to

returning surplus cash to

shareholders

Akanksha Prasad, ET Bureau Mar 14, 2013,

09.51AM IST

BANGALORE: Infosys, long regarded as a

wealthy but tight-fisted company, has

indicated its willingness in recent weeks to

spend the cash one way or another - either

by buying other companies or returning

money to investors . This new openness with

managing its cash pile - it has enough

money to buy at least 16 Boeing 787

Dreamliners - is reflective of a broader shift

in the Bangalore company's approach to

doing business, which is now being perceived

as more flexible and less conservative.

Analysts who have met top Infosys officials

in recent weeks were positively surprised by

the attitude of the company to questions

regarding its $4 billion (Rs 22,000 crore)

cash reserves. While earlier Infosys would

give every impression of wanting to hang on

to the money if no acquisition came its way,

the line now is quite different.

So, during an interaction with brokerage

CLSA , chief financial officer Rajiv Bansal said

that Infosys has set itself a deadline of

12-15 months for making an acquisition. If

there is no major deal in this period, the

company will seriously consider returning

money to shareholders.

Similar statements have also been made by

chief executive officer S D Shibulal. He told

analysts at BNP Paribas recently that he

would 'never say never' to a share buyback.

At a recent investor meet organised by

Morgan Stanley , he said the Infosys board is

debating the subject of cash utilisation. The

latest change of mind comes amid growing

perception among industry observers that

Infosys has become more flexible about

engaging with clients, overcoming its earlier

reluctance to take on what it perceived as

risky or lesser margin contracts. The result

was Infosys losing marketshare to rivals in a

highly competitive market, and the

Bangalore-based company struggled to keep

pace with its peers in growth.

"I see Infosys taking aggressive steps

towards account mining, spending, sales and

client engagement," said Sudin Apte, CEO &

research director at Offshore Insights. "Their

new go-to-market approach around shifting

from time & material model to fixed-pricing

contracts is bringing confidence among

clients."

For many years Infosys has been perceived

as being overly conservative, especially in its

approach to mergers and acquisitions ,

limiting the company's ability to utilise cash

on acquisitions. However, the Infosys

management has also been reluctant to

return the cash to shareholders saying it is

constantly looking for potential acquisitions.

"Cash is strategic and even more important

for us today as we look at accelerating the

execution phase of Infosys 3.0 strategy by

making investments , including acquisitions.

This continues to be our position and there is

no change. We will re-look at our cash

strategy if conditions demand we do so," CFO

Bansal wrote in an emailed statement.

The largest acquisition by Infosys was last

year when it bought Swiss enterprise

software consultancy Lodestone for about

$350 million, or Rs 1940 crore. The

acquisition was done amid increasing

discontent among shareholders about the

company's inability to match industry growth

rates and its vast cash resources.

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Dravidict Rookie

Dravidict

Posted
Posted

Gaadida egg em kadu adi epudoo

Baaga taggayi from 2009

 

Last year 3 k crores unayi anru ipudu oka 10.% fine vala potai

Employees ki sal penchakunda eelu endi out of court settlements cheskuntunru :wall:

Look at the below article back in March, this year. 22K Crores cash reserve appudu. appatike lodestone acquisition kuda ayipoyindhi.

 

Infosys seen more open to

returning surplus cash to

shareholders

Akanksha Prasad, ET Bureau Mar 14, 2013,

09.51AM IST

BANGALORE: Infosys, long regarded as a

wealthy but tight-fisted company, has

indicated its willingness in recent weeks to

spend the cash one way or another - either

by buying other companies or returning

money to investors . This new openness with

managing its cash pile - it has enough

money to buy at least 16 Boeing 787

Dreamliners - is reflective of a broader shift

in the Bangalore company's approach to

doing business, which is now being perceived

as more flexible and less conservative.

Analysts who have met top Infosys officials

in recent weeks were positively surprised by

the attitude of the company to questions

regarding its $4 billion (Rs 22,000 crore)

cash reserves. While earlier Infosys would

give every impression of wanting to hang on

to the money if no acquisition came its way,

the line now is quite different.

So, during an interaction with brokerage

CLSA , chief financial officer Rajiv Bansal said

that Infosys has set itself a deadline of

12-15 months for making an acquisition. If

there is no major deal in this period, the

company will seriously consider returning

money to shareholders.

Similar statements have also been made by

chief executive officer S D Shibulal. He told

analysts at BNP Paribas recently that he

would 'never say never' to a share buyback.

At a recent investor meet organised by

Morgan Stanley , he said the Infosys board is

debating the subject of cash utilisation. The

latest change of mind comes amid growing

perception among industry observers that

Infosys has become more flexible about

engaging with clients, overcoming its earlier

reluctance to take on what it perceived as

risky or lesser margin contracts. The result

was Infosys losing marketshare to rivals in a

highly competitive market, and the

Bangalore-based company struggled to keep

pace with its peers in growth.

"I see Infosys taking aggressive steps

towards account mining, spending, sales and

client engagement," said Sudin Apte, CEO &

research director at Offshore Insights. "Their

new go-to-market approach around shifting

from time & material model to fixed-pricing

contracts is bringing confidence among

clients."

For many years Infosys has been perceived

as being overly conservative, especially in its

approach to mergers and acquisitions ,

limiting the company's ability to utilise cash

on acquisitions. However, the Infosys

management has also been reluctant to

return the cash to shareholders saying it is

constantly looking for potential acquisitions.

"Cash is strategic and even more important

for us today as we look at accelerating the

execution phase of Infosys 3.0 strategy by

making investments , including acquisitions.

This continues to be our position and there is

no change. We will re-look at our cash

strategy if conditions demand we do so," CFO

Bansal wrote in an emailed statement.

The largest acquisition by Infosys was last

year when it bought Swiss enterprise

software consultancy Lodestone for about

$350 million, or Rs 1940 crore. The

acquisition was done amid increasing

discontent among shareholders about the

company's inability to match industry growth

rates and its vast cash resources.

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Dravidict

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Old article but it should give you an idea. Infosys kanna yekkuva cash reserves vunnavi only banks and Natural resources meedha depend ayina industries(NTPC, Coal India, Reliance Industries etc.,) mathrame.

 

m.rediff.com/money/slide-show/slide-show-1-30-indian-companies-with-highest-cash-reserve/20120216.htm

 

 

 

And one recent article. Thanks to the dollar rate, 4.3 Billion $ antey 26K crores :P

 

New Delhi: Country's top four IT companies

-- TCS, Infosys, Wipro and HCL Technologies

-- have seen their combined cash chest swell

to a whopping $9 billion (Rs. 56,000 crore)

as their businesses continue to generate

profitable growth despite turbulent

macroeconomic scenario.

This marks an increase of about $1 billion

since the beginning of current fiscal in the

four companies' cumulative cash position,

which includes cash, cash equivalents, bank

deposits and disposable financial

investments.

The combined cash position of these

companies stood at about $8 billion at the

start of 2013-14 financial year.

Individually, Tata group's IT arm, N

Chandrasekaran-led TCS (Tata Consultancy

Services) reported total cash and cash

equivalents of $1.22 billion as on September

30, 2013.

Its closest rival, N R N Murthy-led Infosys

also saw its cash balance stand at $4.31

billion at the end of September 30, 2013.

Significantly, Infosys accounts for nearly half

of the total $9 billion cash chest of the four

IT giants.

Azim Premji-led Wipro, which continued to

post slowest sequential growth in revenues in

the quarter ended September 30 among the

four companies, reported a cash chest of

$2.5 billion.

HCL Technologies, the country's fourth

largest IT firm, ended September quarter with

cash and cash equivalents, (including

deposits) of $979 million.

Amid expectations that the growing cash

position of these companies would be

deployed into purposes aimed at generating

additional shareholder wealth, all the four

companies have seen robust rallies in their

respective share prices.

TCS, which commands nearly Rs. 4 lakh

crore market value, has seen its stock rise

from Rs. 1,500 levels to over Rs. 2,000 range

so far in the current fiscal.

Infosys, which has seen a kind of exodus of

senior executives in recent months, has also

performed strongly in the stock market since

Murthy's return and the shares have risen

from Rs. 2,900 level to above Rs. 3,400 now.

Wipro's share price has surged from Rs. 440

level to about Rs. 480 at present; while HCL

Technologies saw its shares soar from Rs.

800 range to Rs. 1,100 now.

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