The last twelve months have been ugly for IT Services stocks. As an industry it was probably the worst performing industry in the Indian stock market. The chart below of Infosys vs. Sensex makes the point better than I can ever describe it.
Source: Bloomberg.com
Going by last year’s results for the bigger players, this deep dive was not quite deserved. More »
Tags: IT ServicesOver my winter vacation trip to India we visited Chilka Lake. It’s India’s largest salt water lake and home to many migratory birds. Beautiful place. Unfortunately not very well developed for tourism (or fortunately, depending upon your perspective). Some photos follow. If anyone knows what that beautiful moth is called please leave a comment.
Tags: India
What does Gridstone Research do? If an Equity Analyst asks this question, the answer we give is what our home page says,
Using cutting-edge technology, Gridstone assembles, analyzes and structures unstructured company information into financial data, guidance, operational data and structured text. Information that could take hours to assemble is available at your fingertips, at our website or directly in Excel.
This describes the end-user benefit. But for those who are interested in such matters, it still doesn’t answer the question of what we actually do. More »
Tags: Gridstone, Semantic Web, Technology
One of the few old world habits that I stubbornly stick with is writing with a fountain pen. I don’t write nearly as much as I type, but when I do, l like the feel of a good ink nib against paper. It helps me think better, or so it seems. More »
A very happy new year to all my readers. May you and your loved ones have a joyful 2008.
Wish lists are neat things. Unlike new year resolutions, they involve no effort on your part. And unlike predictions for the new year, you can’t be wrong about them. So I thought I would draw up a wish list and share it with my readers. Perhaps they could then add their own candidates for the wish list and then we could have a reality TV show where people from around India SMS (at premium rates) their wish list candidates and a panel of distinguished judges help us short list ten WLCs (Wish List Candidates) which we then take to Prime Minister Manmohan Singh who tells us that he can do nothing about them unless Prakash Karat and Sonia Gandhi agree on each one of them.
Seemed like an exercise in futility so I decided not to do a wish list. Instead here is a “Wish Less”. It is based upon the premise that we already have too much of everything. More »
Tags: Humour
