BPO

The biggest acquisition in the history of Indian IT services has taken place and is expected to be completed fully by the month of November. Indian IT services giant and one of the market leaders Infosys has announced that it will be acquiring the UK based Axon group. Particulars include Infosys going in for the buy with an aggressive all-cash buyout. They will be paying around 600 pence per share which is almost 100 pence more than Axon’s current market value as of today.

This amounts to a total of almost Seven Hundred and Fifty Five Million Dollars.

For Infosys to make a major decision like this and buy a very strong company like Axon in the current economic situation is a bold and confident move. Therefore expect heightened investor confidence in the company and notable trading in the stock over a short term period.

Tech Mahindra is the telecom and IT services wing of the powerhouse Mahindra and Mahindra group. A lesser known franchise of the Mahindra group which has been making slow but very steady and significant strides in the field of Telecom and IT Services

In 3 years time Tech Mahindra have managed to triple their fiscal revenue From Two Hundred And Eighty Point One Million Dollars to an amazing 934.7 million dollars.

Genpact IPO – The India Street Analysis

Introduction:

By Dhruva Jyoti Chowdhury

Kolkata, India: If you are an Investor in India, not just the mushrooming IT, companies InfoTech, healthcare services telecom, BPO or the real estate, you can put your hard earned money on almost everything to get better gains and good returns.