Showing posts with label current affairs. Show all posts
Showing posts with label current affairs. Show all posts

Wednesday, February 25, 2015

Why the Panaya Buy-Out ?

This is a building shaped like a sphere, locat...
This is a building shaped like a sphere, located in the campus of the software company, Infosys in Mysore, India (Photo credit: Wikipedia)
It is not every day that you are surprised and impressed to see a foreign buy-out by a completely desi origin Indian firm.
Having stated that; I can clearly list the recent of buying events when Hindalco bought Canadian Novelis; Tata acquired European Corus, and British luxury car-maker Jaguar-Land Rover through their Steel and Motors’ divisions respectively.
If I deep dive further into the IT-sector to be specific; then I am reminded of the big-wig buys such as of US-based TriZetto and Zafferra by Cognizant. Wipro bought Infocrossing; and HCL bought British based consulting firm Axon Group. And just recently I had the news of Infosys buying US based Panaya from all the sources around me.
As the general understanding goes, most of the buy-outs are in the domain that the buyer is in and therefore majorly done to increase stake in the sector.
I therefore could have shrugged off the Infy shopping cart as an attempt by a newly appointed, first non-founder CEO, Mr. Vishal Sikka to garner some bling to his resume. But then, I got to notice the nature of business of the bought over firm, which made me research all over regarding this acquisition. Yes, the bought out firm is not directly in-line of business with that of its purchaser.
Infosys is an business consulting, information technology, software engineering and outsourcing services firm. Whereas, Panaya being a software as a service (SaaS) company that provides cloud-based quality management services with solutions including Change impact analysis, automated code remediation, and test management.

So why an Automation product purchase to deliver services that were erstwhile done manually? Is Infy again up to some laying spree?

The differentiating aspect of the latest Infosys buy-out intrigued me for 2 reasons apart from the obvious lay-offs. Firstly, our Indian software hero is reputed for sitting on cash and cash reserves and shying away from inorganic spends like these. Secondly, it is an Automation product buy-out to deliver services which were until now delivered manually. 
So the analytical bug in me suddenly got activated. I gathered all that I could on the subject and went into a state of ponder.  All I could gather on the hard-hitting WHYs of the deal are as follows:


1.  Higher revenue costs, inefficiency of client facing roles, delay in service delivery at client ends are the bottle necks of the IT Industry.
2.  Attrition rate in the IT sector at an all time high of almost 21%.
3.  Manpower in this sector is expensive, and further addition of on-site travels which leads to squeezed margins.
4.  Existing workforce requiring constant fortification of Bonuses, perks and Appraisals; that add a major chunk to the costs. Also, the non-monetary investments like time and management further add to the impending costs.
5.  Processes like Testing tend to become repetitive for the skilled engineers and also curb creative growth in them.

So, finally the jigsaw came out fine and just. In these competitive times, a company has to think out of the box to stay profitable in the game. Gone are the times when growth is directly linked with that of the linear growing work-force. In order to get into higher revenue streams, the impending need is to get into next generation technologies like the big data analytics, internet-of- things, data mining, mobility, automation and artificial intelligence. After all, emulating others from geographies (read Tel Aviv, Silicon Valley) that are known for cutting-edge technologies is the least an ambitious firm could do for themselves. 
By the way, Panaya is also funded by an Israel based private equity firm - Israel Growth Partners and most of its 156 employees are based out of Israel.
Let us wait and watch what more insight comes out of this deal or from that geography or from that sector in the times to come.


Saturday, June 23, 2012

My Forex Trading Rules

1. Engage only 2% of your equity.
2. Trade only one currency pair at a time.
3. Risk to reward ratio of 1:3
4. In any case do not fail/fall from your plan.
5. Irrespective of a large equity, do not hesitate to put stop loss and take profit.
6. It is all about taking intelligent guesses, so with time, you can guess as to how much a pair slips or soars on
    an average trading day.
7. After using zillions of techniques, and indicators, I have come to believe that Bollinger bands work the best
    in 15 minutes to 1 hour time frame for most of the currency pairs.
8. Eur/Usd, Gold and Silver all follow the same patterns.
9. Hammer/hanging man both indicate trend reversal.
10.Gravestone Doji/ doji star, again indicates a reversal.
11.Dont fret if you see you missed a big wave.....just wait for a week, you can again join in the party. The best thing about forex is that you always get a moment to party, if not today, then tomorrow.
12. Like what I do is, I check for the price of Gold at the time when London market opens, then I simply keep a pending buy order at 30 points below the high till that time; and another of half strength at 20 points below. That means one of 0.5:1.5 and another of 1:3, and normally they get realised as per the Indian standard time.
13. Also the above practice I do with the simple moving averages in mind from 15 minutes to 1 hour of time frame for the Eur/USD and 4 hours work best for the Gold and Silver commodities...
No wonder, I live a comfortable lifestyle, which most of the people find way too lavish.....



Tuesday, February 3, 2009

Women for Women


I have really never come across anyone who wears a lot of nude clothes. Really the most enjoyed statement in the recent times. What really is surprising is to see the way her face lits up the moment she talks about her counselling sessions to the boys who were the misguided culprits. Really i try with all my mind to believe that what she means with such a cheerful smile is what actually is.

You damn fool a woman, are you really a woman?? And that too in National Commission of Women...

Or is it that you are not too familiar with the culture of Mangalore, but considering your name, even that benefit of doubt I am not able to grant you.

The girls were innocent and they were misguided by the boys there. The pub owner did not have enough security arrangements. Is it?? Do you mean that your innocent Hindu boys can again behave so concerned for the innocent girls. Indeed your innocent boys who are repenting now, whom you counzeled are again in the mood to blast at Amnesia?? Aiyo that does not sound cool for the women and innocent garls.

Madame, it is high time you get to wake up to the fact that if a woman could buy her own drink, very soon she will learn to tackle with these talibans who in the name of Hinudtva and sanskars have roughed them up.

And she will also get to judge such pseudo women like you, who hide their unscrupulous intentions behind their BIG BIG NCW posts.

I thought after seeing her numerous telecasts of insensible interviews, some wisdom would dawn on her. But alas, lady you made me blog, thanks for your superflous boisterous remarks to Ms. Renuka Chowdhary, I am sure the whole world knows you need some terrible help...

I heard this sometime on some daily soap, and you are the perfect example for this "Ek aurat hi aurat ki dushman hoti hai" LOL

Friday, January 23, 2009

drained fmcg


The magnitude of the success of the FMCG sector in penetrating deep into the lives of an average Indian can be understood from a simple foretell.

80% of Indian would own a LVMH product in 50 years from now. It is indeed something quite difficult to imagine as of today. Similarly, at the time of independence such was the story of FMCG products. Even the products which are today considered the bare necessities of hygiene were then the products of luxury, which only the very elite could indulge in.

Though the entire FMCG sector was the premium sector then, but its penetration started off with the introduction of economic and the low priced products targeted towards the mass consumption.

Little did Mr.Karsan Bhai did know then, that his innovation in the 70’s (yellow colored caustic powder) would ultimately route the industry to the era of bio-clean washing powders as of today.


The legend has it that the Innovation in the sector has been the major driver of its success.

It is interesting to know that the innovations happened not just at the product stages, but the channels, promotions as well as markets. Therefore, there came the historic fad of FMCG being the thing of riches; today the rurals are considered the major growth drivers. The sector boasts the privilege of including a vast range of products scattered in-between Food and Non-Food products. With the rise of the country’s economy over time, the category has seen a multifold increase reaching a 20 Bn $ in the year 2008.

The entire globe is aware of the recession hit in the last year, the aftermath of which seems to be persistent. It has treated every country and sectors alike, reserving a bias only in the magnitude of the hit. Restricting our observations to our country alone, it is well known that in times like these, the FMCG sector has actually gained in values. Also, the values have not just increased in the vocation providing metros, but also the agriculture dominated rurals.

Thursday, November 20, 2008

Global Recession

English: A graph of the Early 1980s recession ...
English: A graph of the Early 1980s recession in the United States. Blue line is Percent Change From Preceding Period in Real Gross Domestic Product (annualized; seasonally adjusted) Red line is Average GDP growth 1947–2009 Data is from the Bureau of Economic Analysis. (Photo credit: Wikipedia)

It is quite seldom to miss the term RECESSION in a single day past a year. A verbal miss is definitely evened up with every click on almost any web page.
The effects of which are more pronounced than the meaning of the word itself. For sure the World collectively is in recession. Firstly it was the great economic power, the US.

Then came the next Eurozone; encapsulating its popular members within. I get to hear Germany, the largest economy in Europe falls into recession. Italy is in recession. Spain is in recession and headed for a very, very bad recession on all accounts because its housing crisis is accounted to be worse than that in the US.

London isn't officially in recession but it is all but contracting sharply and headed for what appears to be a deep recession.
France narrowly avoided recession by now; much to the delight of its government but it seems to be only a matter of time.

Very recently, Japan has officially fallen into recession, joining the Eurozone.

Looking for back home and the neighbourhood, China, Brazil, along with India, are all included in the G20. They are the economies that are still growing and potentially could get the world out of this mess and so there is a shift in global power implicit in that.

If at all India seems to be in a situation relatively prosperous than the major biggies, then I fail to understand why the Sensex behaves like the sleeping snail every other day. Not to mention, eroding my paper wealth to a mere quarter of what I had put in 3 long calendar years back

To put my disarrays at bay, I indeed had to Google up for the term RECESSION. Accepting to the Wikipedia’s definition, I am enlightened to the fact that “so when the economy has been contracting for two consecutive quarters – it qualifies to the technical definition of a recession”.

Proportioning it to my micro analysis, it means when the Country has not been delivering its agreeable targets for the consecutive quarters, it has receded or has become economically distant.

Hailing from the aggressively aggressive ‘Sales’ background I understand the similar repercussions on a quarter for a Sales Executive; to the branch he is located; to the organization; and most importantly to the face of the business.

Similarly, conforming to the same laws of proportion, the repercussions and the contingency planning for a country to follow is beyond my quantum of strategy and calculation.
My solace only lies in the fact that the World’s richest Indian has slipped to the second rank losing a lot of wealth, just the way I have.

Tuesday, September 30, 2008

Urgent Requirement for the post of Hitler


It is indeed required now. When it is general public, high intensity, when muslim locality, a low intensity bomb. Bastards talk of holy Ramzan and Pakistan, but it turns out to be the biggest irony.

Dont know what they achieve by doing things. I so wish there could be some real Hitler to suffocate all these muslims in a gas chamber.

Each and every muslim should be killed. I have lots of hope from the Modi. Though i am not in favour of any fundamentalist party, not even a Hindu, like the BJP. But now I feel they are required to brush clean these pests.

You muslims just wait and watch, in few years each and every uneducated Hindu will kill each and every Muslim. Since ages you have had the habit of doing all ULTA of ours, now we will show you how much ULTA of yours we can become.

I recall few which my nani used to tell me:

You wash hands till the elbow, we generally wash just the hands
You worship the moon, we the Sun
Your mosque is lower in height compared to the surrounding minarets, our temple always is the highest of the surrounding pillars.
You eat halal meat, we avoid that.
You eat cow, we worship cow.
We don't eat the holy animal cow, you don't eat the most filthy considered animal, pig.
But still your mentality is the dirtiest dirtiest of all.

The ULTA which is going to happen is:
Your educated population is becoming terrorists, or uneducated population will fight your terror and will wipe you all.

This blogger spell check reminds me to remove the abusive language, and also asks me to write the word muslim in capitals, i am never going to do that. Because the deep ingrained fundamentalism, and the philosophy that (Universe - Muslims)= Kafirs is your problem. Mark my word your own philosophy of considering yourselves and your KOM has only bifurcated you from the mainstream and labelled you with the term minority.

All over the World, muslims are in minority, wherever they go, of course except the muslim dominated geographies. The minority world in toady's context is only associated with muslims.

Wish i could be there at the time of your newborns circumcision, then and there i would love to chop your neo-natals, so that they don't grow up to kill any one's kid.

You bastard terrorist muslims, i hate you all.

My husband says my swears are not going to work, I just wish all of us take the responsibility to ignore and save our near and dear ones from being damaged by them.
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Thursday, September 25, 2008

Reluctant Fundamentalist (Hater)

It has indeed been like the sub-prime effect. Never really seemed the lay-offs and bankruptcy at that part of the geography could lead to an adverse effect here.

But yes, the World is indeed flat.

But these effects are not limited to the financial trends alone.

Lately, it has lead to the communal hate as well. And why not, when the majority of people from the community can focus on World destrucion, then why not everyone else can think of hating them as a whole.

It is indeed not possible to create a realistic sample of the terrorists from the entire community.

But what I am sure of that the entire community is a 'fundamentalist'.

Well, well it will not take long enough for the entire Universe - Fundamentalist community to become a perfect sample for the reluctant fundamentalist hater entire Universe.
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Monday, April 14, 2008

FINALLY I AM SCAMMED.....






On 13th Apr, my credit card showed transactions on Airdeccan & Cleartrip website.I had not done these transactions, I asked ICICI to block my card & investigate into the matter.I am asked to wait till 3 days,till it gets reflected in the statement.I hurried to the respective websites,thankfully Cleartrip has acted faster than you,& has cancelled the fraudster's return journey.I not only want my money back, a compensation for the mental agony thrashed on me.As soon as my due is retuned I wish to unblock my card,get a new CVV,redeem my reward points & cancel the card forever.HDFC & Citicard is 1000 times better,as even after quoting the CVV,it again asks for a security password, which no one else apart from me would know. Also adding to the fact,my card is very much with me,& no forensic report can view the CVV on it,as the day I receievd ICICI Credit card,I had damaged it physically.And I am not a fool to let anyone else know my CVV no.Please note that your card was the first one I had,now I have 15 other cards from the other banks available in India,i really really dont need an irresponsible card from an irresponsible company.From now on I will make sure that nobody in my family,friends,colleagues,acquaintances will be calle your customer.Very soon I will also upload the same on my personal Website, Blogs, as well as my networking accounts.Though I couldn't encourage you to save myself from the fraud,I can very well save others.
Thank You for this complaint submission form.
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Wednesday, February 13, 2008

MNS

It is called Maharashtra Navnirman Sena. Hello! Guess some confusion there. MAHARASHTRA NAVNIRMAN SENA. What he has done is exactly the opposite. Dividing and creating rifts inbetween people. Wonder what people get by doing this. How short-sighted one could be. Lets assume he is securing his lucrative political career. Who would be the immediate beneficiary of it. He and his immediate family members. I presume he must be in his late fortys. His kids should survive at least till 60. Will his grand children be not affected be the aftermath of the Anavnirman that he has done. Dont know if that poor man has given it a thought. May be he is aping the USA. He wants people to notice that we could also have USI. Yes, United States of India. But again, that word UNITED, I doubt if it would be taken literally.

Anyways, I am enjoying his arrest. Hip Hip Hurray. May he gets time to think positively.
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