Rediffmail Money rediffGURUS BusinessEmail

Infosys' long wait for love

April 19, 2012 11:44 IST
By BS Reporter

Infosys always equates acquisitions with falling in love.

Asked why the company is not going in for big acquisitions despite sitting on a huge pile of cash, a senior executive explained, "We are waiting for the moment to fall in love," though the company is dating a few.

To define this 'moment' the executive went on to say he once asked Australian cricketer Adam Gilchrist why he retired.

Gilchrist apparently took that decision at a particular moment, and that moment was when he dropped a catch. But for Infosys, the wait for the 'moment' to 'fall in love' is now getting longer.

BS Reporter in Mumbai
Source:

More News Coverage

Adam GilchristInfosys

RELATED STORIES

WEB STORIES

Gudi Padwa: 6 Rituals And Customs

Our Stamps Tell India's Story: 21 Old Beauties

Spice It Up! 11 Chutney Recipes

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS