BUSINESS

Infosys' long wait for love

By BS Reporter
April 19, 2012 11:44 IST

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:

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