There is a clear indication that our economy is heading towards a lean period.Most of the sectors have shown a negative growth performance. In another 6 months time we will enter into a complete slow down phase as the current political scenarios are facing rough whether.The ruling party do not have any hands on fix-it solution for the current situation.They do not have a proper strategy other than blaming outside the atmosphere for their own incompetency.Slow down or no keep your selfd prepared for the worst.America,Europe and then follows India.
The next year (2012) will be more volatile than 2011. The world economy is facing many problems like Europe banking crisis, Us deficit and china's real-estate bubble that is about to pop.
You should remain out of the stock market. This is not a down market cycle and don’t assume that the stock market will rise soon as it did in the previous stock market crashes. This time scenario is different. In the short-term the stock market may rise if the Fed and Europe pass another stimulus plan (Print Money).
TCS anyday. Infosys founders have made their money and run away. Their real motives have been exposed. TCS is a cash cow for tata group so tatas will take good care of it for that reason. But IT industry in India has entered its sunset zone due to many reasons like emergence of vietnam, brazil, china, philippines etc. Further, with the longterm onsite possibilities reducing by the day IT industry is not attractive anymore to the hardworking progressive type of Indians so this industry is now attracting only the ordinary fellows and the foreign clients now know that they cannot rely on Indian IT fellows. Added to this, IT jobs in India have also become unstable and after a quick rise to the PM role within couple of years of one's entry, there is no upward progress opportunities and frustration sets in. People have understood that a simple govt job is anyday better than an IT job.
Why isnt the author of this article giving his views on which is a better company. It almost seems like the article was written, as the auhtor was way too bored doing nothing and then decided to take revenge, with the rest of the world... And then sites like Rediff are always there to motivate such losers.
Indian IT companies are NOT selling software to customers. They're selling you viz consulting. They must share % of profit with employees. Otherwise Govt should nationalize these body shopping companies.
