Monday, February 2, 2009

Forex Trading : The tip you missed out

Forex markets are highly unpredictable. However, the main reason why the money is lost is related to the trade sentiment. It is a normal phenomenon that happens every time, an entrepreneur is reluctant to take action. This showed when someone is locked in a very long trade instead of raking money off the table. Both examples result merchants giving away the potential markets.

 The weight of your emotions in decision-making - anxiety, shame, hope, anger, pride - are likely to experience them all. One of the most damaging of all is revenge. Have you participated in a long trading to record only a huge loss has slowed dramatically. Now you are out for revenge, wanting to argue that the forex market, which has taken your money. Although it is part of human nature, this kind of attitude can leave the market for good. Completely straightening your feelings may be difficult, but you can check at a point where major decisions are taken. Becoming a successful entrepreneur share discipline and the ability to replace your fears with a calm confidence. Part of the designated skill as "emotional intelligence".

Tuesday, January 27, 2009

Business confidence rising in 2009, but recession continues

Restored business confidence in December after the company received
support from the federal government, the fiscal stimulus package of the
study.


But confidence is still at a level last seen during the economic
recession of the early 1990's, and many companies expect a recession in
2009.


NAB monthly business survey showed that a significant reduction in
interest and 10.4 billion U.S. dollars package of incentives, retail
and wholesale markets with an elevator.


The survey showed confidence rose to 10 points less than 20
percentage points in December. The reading below zero indicates that
optimists than pessimists.


"Confidence in the average of 10 points in December - although the
level of minus 20 was slightly better than at the bottom of the
economic downturn of 1990,''said NAB chief economist Alan Oster said.


"As a consequence, led by big jumps in wholesale and retail trade
(up to 35 and 26, respectively), in response to government
initiatives.''


The study November reading was the lowest level since late 1992,
when the Australian economy has begun to recover from the recent
economic downturn.


NAB has reduced its forecast for GDP growth that the Australian
economy to shrink by 0.5 percent in 2009, but an increase of 1 percent
in 2010.


Mr. Oster said NAB forecasts meant difficult times for the future
of the Australian economy, with the rapid recovery in each store.


"The forecast assumes a relatively mild recession - especially in
relation to a decrease of 2 percent growth in major industrialized
countries, said Oster''pan.


"On a quarterly basis, we see no significant change began in 2010.''



NAB expects the Reserve Bank's cash rate of 4.25 percent decline to 2.50 percent.



Mr. Oster said the RBA may reduce the cash rate by 75 basis points
after the decision on February 3, followed by another 50 points for the
rest of the sea.


In the third quarter of 2009, the Central Bank is to reduce the
cash rate by another 50 basis points to 2.50 percent, the deterioration
in the labor market was forced to hand the RBA said.

Will Economic recession last 2009 - An analysis

The global financial and economic crisis continues to worsen. A few
weeks ago, the giant Citibank was bailed out several hundred million
dollars in cash and guarantees the U.S. government ( "Citi never
sleeps", but apparently managed to sleep out of some of the important
decisions in the past year).


Last week, America in November, reported a loss of jobs to more
than 530,000, the highest single month since 1974, taking the U. S. The
unemployment rate up to 6.7 percent, the largest in the last 15 years.


EU, euro zone, Japan and Britain are now officially in recession,
in the sense that they had two consecutive quarters of negative
economic growth. Some analysts predict that the pace of decline in the
U.S. economy in the last quarter of 2008 may be surprised at an annual
rate of 4-5 percent.


A similar pessimism pervades the other two largest economies in
the world, Europe and Japan There is considerable uncertainty about the
depth and duration of the current global recession. However, the
majority view of experts is now an important opportunity this will be
the worst recession since the Great Depression of the 1930s.


A serious financial crisis and the huge collateral damage to the
real sector of the economy of shame optimistic last year. Often,
experts argued that the "worst of the financial crisis is behind us,"
only dead in bushes next big mortgage refusal or withdrawal of credit.


Equally remarkable, and much worse in the impact was the speed
with which the accumulation of financial crisis Throttled to real
economic activity, since the summer of 2008. Rapid onset of recession
in the industrial sector (advanced) countries has exceeded the forecast
ability of many institutions, including the IMF.


More recently, in July this year, the IMF predicts that global
economic growth, 3.9 percent in 2009, with developed economies to 1.4
percent in developing countries by 6.7 percent. In early November
(after only four months), these forecasts have been reduced by 2.2
percent, minus 0.3 percent and 5.1 percent respectively.


                                             World Fusion: complete coverage

Their forecasts for economic growth in the U. S. In 2009, the Fund
spent more than 0.8 percent in July, at least 0.7 percent in November!
And it is safe to bet that the IMF has undertaken a series of new
forecasts for 2009 today, all these numbers would be even worse.


None of the recent "release" from a global perspective, in 2009,
provided they do not UNCTAD. Like the IMF, UNCTAD, the expected global
growth of just over 2 percent in pesos in 2009 and the PPP, only 1
percent in the exchange market. The second number means that the
overall growth in 2009, is expected to be only a quarter of people who
have the pace in 2006 and 2007

Present economic crisis and the Great Depression

The Great Depression of early this century left a mark in the world that continues being
today, almost 80 years after its beginning. They started the creation of
our present banking system, moulded our laws of values, and left marks in
psiquis of the nation that have disappeared with the only modestly
decades. During the Depression, the economizers saw evaporate their
bottoms in the banking bankruptcies, because the deposits that were not
assured. Bankers got to be so unpopular that asaltabancos, as Bonnie
and Clyde, became popular heroes. In the depths of the depression, 25%
of the population outside the work. The industrial average Dow Jones
had fallen 89%. All the banking system was closed during four days by
presidential order. House and the farm of the mortgages goes out.
People without created home enormous quarters, call " Hoovervilles, "
outside the majority of the main cities.

What makes it sound like the current situation?

Few deny, however, that the current economic climate is worrying similarities with the Great Depression:

• The large decline in the stock market fell wealth and reduce costs, said Timothy Canova, deputy dean of international economic law at Chapman University School of Law. Dow did not fall steadily: it sank 47% from its peak of 381 in September 1929 to November 1929, and then began the famous "sucker in the rally" in the spring of 1930, before falling to 41 in July 1932.

• The banking system was paralyzed on loans and speculation. In 1929, loans were actions of speculators, most recently, loans have been the owners and investors in mortgage securities.

But there are some big differences that make today, repeating the Great Depression is unlikely. The biggest: the massive intervention of central banks around the world. "The Fed has been very aggressive and its role as lender of last resort," said Paul Kasriel, chief economist at Northern Trust. That is why the Fed was created - to prevent economic recession, but to prevent the implosion of financial systems. "


Sunday, November 30, 2008

Major Indicators of Indian economic situation

Indian economy on the basis of purchasing power parity in the world's fourth-largest economy.The vast man power base, diversified natural resources and strong economy contribute to the situation significantly. In 1991 India initiated a process of economic reforms in the whole economy expanded liberalization of the policy framework through an investor friendly environment.

The Indian economy's growth and performance through various economic parameters were provided in the context of statistical information For example, gross national product (Gnp), the gross domestic product (GDP), the net national product (NNP), capitation income, gross domestic capital formation (Gdcf) etc. sector of the economy related to various national income are indicators. It indicates the satisfaction of human desires for the productivity of the economy, including a comprehensive scenario offer.

In the industrial sector in the economy, industrial production index measuring industrial activity of the normal level of data is a lone representative. The ultimate level of industrial production and is GDP percent increase.

Measures of money supply in the four major monetary sum, which shows the status of the monetary sector, are as follows: (i) M 1 (narrow money) = + currency terms in public on demand deposits of the public; (ii) 2 = M M 1 + Dackkhane in deposits; (iii) M 3 (macro funds) = 1 + M fixed deposit in banks by the people and (iv) 4 = M + M 3 Dackkhane in total deposits.

Value in the country, the pace of wholesale price index (WPI) and the consumer price index (CPI) is displayed by. WPI purchased in the wholesale market - for goods sold in the average price level is used to measure changes. While the consumer price index for different categories of consumers in retail prices is taken into consideration the pace.  Various social economy - including the four economic groups are consumer price index. These four are price index - consumer price index for industrial workers (CPI - Aidbaljo); consumer price index for agricultural workers (CPI - Ael); consumer price index for rural workers (CPI - Rel); urban and non-manual employees For the consumer price index (CPI).

All such economic performance of the index not only measures the current economy but also analyze and anticipate estimated future growth prospects in their support.

Sunday, November 16, 2008

Development of Indian Stock Market

The development of the stock market in India may be in an international comparison with other emerging countries in the last ten years have seen very good. The current economic crisis is for the Indian equity senex a strong threat, but also offers unprecedented opportunities.

For the Indian stock market are mainly the indices of BSE, the Bombay Stock Exchange's index of the Mumbai Stock Exchange and the NSE, the nation Stock Exchange, is crucial. The BSE formed from the 100 largest companies in India. You are in comparison to world markets (Nikkei, European and Dow Jones) rather small.
In the BSE 200 and BSE 500 are correspondingly more companies in the index education combined.

The market in India is highly promoted by a large number of international companies and corporations
with foreign exchanges networked. Investors pull in first ever stock market weakness from uncertain markets such as India. For this reason, the Indian equity sensex in recent months with the same rapid speed as we continue to develop at the beginning of the year or even in comparison to previous years. India has suffered far more under the international financial crisis as it did in large parts of the western world so far is known. Investors should not continue to tap the Indian market as the price of the sensex continue to drop as more and
more cooperations pull back.
But you should now buy Indian stocks, because the Indian economy as an economic growth of 5.8% recorded. Industrial production rose by around 8%. The budget deficit is only 6% of gross domestic product. Currency reserves totaling 38 billion U.S. dollars is the opposite. Already in the 1990s have been successfully implemented necessary Structural reeformations, of which India will benefit in the next few years .

The international financial crisis has significantly harmed the development of the stock exchange in India . But the low share prices offer the investor currently good opportunities in the Indian market.

Friday, November 14, 2008

India Economic development- I

 The economy of India today presented two faces very different: a high dynamism and growing prosperity, especially since 2003, and another in which there is fragilities substantial, major challenges of development and, above all, poverty yet extreme. It is understandable that the Government of New Delhi wants to emphasize the first on tiptoe and pass by the second, but to have a vision of the appropriate country, it must examine together the two realities.

 Summary coming in next posts: This analysis looks at first, the causes, manifestations and main effects of rapid economic growth that has seen India from 2003. Secondly, briefly analyzes the economic risks in the short term, connected especially with a growing financial vulnerability and an insufficient job creation. Thirdly, the analysis stops on the demands that the pattern Development must meet from now to be able to sustain in the medium and long term, a growth rate equal to or higher than in recent years. Fourth, states that the task is still huge, given the extreme underdevelopment of most of the country.

Thursday, November 13, 2008

Economic situation in India


Despite the current crisis or inflation Spira development, India's growth is robust and Irreversible": summarized as Praful Patel, Vice President-South Asia from the World Bank, recently the current economic situation in India together. According to official statistics, the Indian economy in the period 2005-2006 and 2006-2007 respectively, a growth of 9.6% and 9.4% known. This way, India his position as the country with the second fastest growing economy in the world (after China). For 2007-2008 and 2008-2009 expectations remain positive, but the fit analysts issued a resistant growth (including the IMF) recently forecasts downwards.


Thus, for 2007-2008 expects a growth of 7.6% (EIU) to 7.9 (IMF) and for 2008 -- 2009, a growth of 7.1% (EIU) at 8% (IMF). The difference between the two forecasts is quasi entirely attributable to the assessment of a possible recession of the U.S. economy and its impact on revenue in the service (75% of the IT services companies in India have in the U.S. as a customer). In all calculations, the growth for the coming years, however high, but there will be a some slowdown in (the scenario of the so-called "soft landing"). As demonstrated in recent years, the growth rate is greatly influenced by the trading in services, industrial production and relatively good results in the agricultural sector. The income of farmers, the vast majority of the population remains However, extremely low, in comparison with the margins that the distribution and retailing hereby know.

The discrepancy in economic development that exists between the cities and rural areas will therefore continue to increase. The most recent projections show that both exports and imports in 2007 increased by approximately 20%. The deficit trade in 2006 amounted to 1.0%, in 2007 grew to 2.3%. Where annual inflation rates in 2007 amounted to 6.4%, was 7.83% in early May 2008 is the highest level reached since September 2004. The high energy and food prices on the world market (India is a net importer for both), a rapidly growing domestic demand (both private and government) and a deteriorating rupee (see below) suggest that the inflation peak has not yet been reached.

 The finding that the official Inflation at wholesale prices "and not" consumer prices "is calculated, and that the composition of the index basket of food for only 20% (rice: 2.45%, Wheat: 1.38%, pulses: 0.60%) roads, makes the impact of inflation for the Small-sensitive consumers is greater than what the figures show. Sun rose on a year time (source: Observer Research Foundation, April 2008) in Delhi the retail prices of essential spectacular food: rice 21.5%, 8.3% wheat, pulses16.5% to 18.7%, vegetable oils 22.0% to 32.2%, despite the existing mechanisms of government subsidization. With many part-state elections in 2008 (Karnataka, Madhya Pradesh, Rajasthan, Chhatisgarh, Jammu & Kashmir and Delhi) and a national election at the latest May 2009 on the horizon, the temper of inflation, particularly in terms of food and energy prices, a top priority for the incumbent UPA government. The Reserve Bank of India (RBI) has for some time since a restrictive monetary politics, particularly for the relatively high inflation under control.

Thus decided the RBI in April 2008 to end its main interest rate, the Cash Reserve Ratio and the "Repo rate" (the base rate in the Indian banking system) to increase by 0.25% this until 8.25% and 8% (effective from May 24, 2008). Besides inflation, the weakening rupee, especially for a country that a deficit the trade balance has (2.3% in 2007) and that energy and food imports, a problem. Where the currency in the first three months of 2008 lost 11% against the Euro (Rs 63.30 late March 2008), the Indian rupee losing further ground. So May 2008 was already half Rs 65.10 for a Euro paid. After a significant fall / stock market correction the first three months of 2008 (- 24%) appears the restoration of the Sensex, the index of the Bombay Stock Exchange, deployed. So klokte the Sensex on May 19, 2008 on 17,450 pt. which represents an increase of 12.5% compared with the rate on March 31 2008 (15.500 pt.) Since only 3 to 4% of the global average income from shares in India, is the impact on the ordinary people rather low

Why investing in INDIA?

Followiung ebenfits make India an ideal market to invest:

• Future: India will be 3% of total world output consume in 2020 and the four largest economies in the world 2050.
• Large population and a rapidly growing middle class.
• A sustained high economic growth. 
• studying about 400,000 people annually detract from the technical universities.
•Overall a reasonable level in training, but there should much to be done! 
• Cultural close to Europe.
• English-speaking population

Wednesday, November 12, 2008

Reliance energy Limited

ACTIVITY

Reliance Energy Ltd. Engages in the generation, transmission and distribution of energy, with a large presence in Maharashtra, Goa and Andhra Pradesh. It distributes about 5,000 MW of power, the largest in the country. Along with his 16 associated companies, provides energy to 2 of every 3 homes in Mumbai and 1 in 2 in Delhi. It aims to become the energy company to provide nationwide high quality services, confidence and competitive prices. In addition to the divisions of generation, transmission and distribution division has a EPC (Engineering, Procurement and Construction), which have been carried out projects both nationally and internationally. It currently has projects in United Arab Emirates, Saudi Arabia, Bhutan and Nepal.

FINANCIAL DATA

Its turnover has decreased by 3% in the year 2005-06 stood at 40,191 million rupees, but this decrease has not been transferred to the profit, which was 6503 billion rupees compared with 5203 million in the year 2004-05

MANAGEMENT FEES

• D Anil Ambani - Chairman & Managing Director

• Satish Seth - Executive Vice Chairman

• SC Gupta - Director, Operations

• Ramesh Shenoy - Company Secretary & Compliance Officer

CONTACT DETAILS

Address

Reliance Energy Center, Santacruz (East)

Mumbai 400055

Phone

+91 (022) 30099999

Fax

+91 (022) 30099536-9775

Web

www.rel.co.in

Contact

Mr. JP Chalasani - Business Development Director

National Thermal POwer Corporation

ACTIVITY

National Thermal Power Corporation Ltd. (NTPC) is the largest generating company heat. A 89.5% owned by the Government of India, has been consolidated as a real national energy company. It provides engineering, construction and operation of power plants, the After providing consulting services to energy companies public in India and in the abroad. NTPC has diversified horizontally, making the area of hydropower, and vertically introduced in trade and distribution of energy.

FINANCIAL DATA

Formed in 1975, he joined the SENSEX in June 2005. In the last year has invoiced 261,429 million rupees, a 16% increase over the previous year, and has obtained a net profit of 58,202 million. It has a workforce of more than 23,000 employees

MANAGEMENT FEES

• CP Jain - Chairman & Managing Director

• AK Rastogi - Company Secretary & Compliance Officer

• AK Kundu - Executive Director

• AK Singhal - Director (Finance)

CONTACT DETAILS

Address

7 NTPC Bhawan, SCOPE Complex, Lodhi Road, Institutional Area

New Delhi 110003

Phone

+91 (120) 2410616

Web

www.ntpc.co.in

Contact

Mr. S. Manchanda - Additional General Manager New Business Developments

E-mail: smanchanda@ntpceoc.co.in

Energy sector

To be able to sustain a growth rate of around 8% annual growth rate supply of energy needed to reach at least 10% annually. Per capita consumption of electricity is among the lowest in the world. In many areas of the country there is no access to electricity, and consumers often end suffer power cuts (both scheduled and unscheduled) The electricity sector has traditionally been funded by the Government. But the budget has been limitations due to demands from other sectors. It has been needed a new strategy, and following the new policy announced in 1991, is allowed entry of private companies in the energy sector. will be explored inf ollowing posts:

- National Thermal Power Corporation Limited

Reliance Energy

Tata Power Company Limited

Today the state controls about 60% of the country's generating capacity, 70% of the transmission network and almost 100% of the distribution system. In terms of energy sources, consumption of petroleum and its derivatives has been plus India, necessitating an increase in imports to meet the Demand for fuel for automobiles, factories, power generation, products petrochemicals and fertilizers, and by the agricultural sector and construction. Oil production in the country has stalled, but recently there have been new discoveries. In recent years have found 21 sources of fuel and gas, more important by:

Oil & Natural Gas Corporation Limited

- Reliance Industries Limited

Bharathi Airtel Limited

ACTIVITY

Bharti Airtel Limited, a member of the group Bharti Enterprises, is the premier provider of telecommunication services in India. All products and services are supplied under the Airtel brand and its business is structured in the following business groups:

- Mobile (GSM provides mobile services across India in 23 circles Telecommunication)

- Broadband services (DSL) and fixed telephony in 90 cities

- Domestic and international long distance services

Telecommunications companies

Among the providers of mobile teams are Ericsson and Nokia. Teams for fixed telephone services and long distance networks are provided by Siemens, Nortel and Corning. It has technology alliances with IBM (for the needs technology) and Nortel (for call center services). It has strategic alliances with SingTel and Vodafone.

FINANCIAL DATA

In July 1995, is set to Public Limited Company and is entered in the SENSEX in November 2003. In the last financial year 2005-06 has billed 116,633 million rupees, representing a 46% increase over the previous year, and has earned a net profit of 22,585 million. Has More than 10,000 employees

MANAGEMENT FEES

• Narender Gupta - Company Secretary & Compliance Officer

• Sunil Bharti Mittal - Chairman & Managing Director

• Rajendra Chopra - Manager, Corporate Secretarial

• Rajan Bharti Mittal - Joint Managing Director

• Akhil Gupta - Joint Managing Director

CONTACT DETAILS

Address

Qutab Ambience H-5/12, Mehrauli Road

New Delhi 110030

Phone

+91 (011) 41666035

Fax

+91 (011) 41666011 / 12

Web

www.bhartiairtel.in

Contact

Mr. Viresh Dayal - Corporate Business Development Director

E-mail: viresh.dayal @ bharti.com

Wipro technologies Limited

ACTIVITY

Wipro Technologies Ltd. Offers solutions in terms of business, technology and processes to companies in various fields of activity.

- Services Information Technology: from business services such as CRM, ERP, e-procurement (electronic procurement of raw materials) and SCM up e-Business (eBusiness)

- Engineering products: cycle management products

- Infrastructure Services Technology service provider infrastructure

Information Technology

- BPO

- Consulting

FINANCIAL DATA

Join SENSEX in November 2003. In the last financial year 2005 --

06 obtained a turnover of 102,479 million rupees, a 42% increase over the previous year,

and a net profit of 20,205 million.

It has over 50,000 employees and operates in 35 countries, obtaining 50% of its

revenue in the U.S., 23% in Europe and 21% in India.

MANAGEMENT FEES

• Azim H Premji - Chairman & Managing Director

• AL Rao - Chief Operating Officer

• S Girish Paranjpe - President, Finance Solutions

• Ramesh Emani - President, Product Engineering Solutions

• Sudip Banerjee - President, Enterprise Solutions

• Suresh Vaswani - President, IT Practices & President Wipro Infotech

• C Suresh Senapaty - Executive Vice President & Chief Financial Officer

• V Ramachandran - Company Secretary & Compliance Officer

• Satish Menon - Corporate Vice President, Legal

• BC Prabhakar - Director

• N Vaghul - Director

CONTACT DETAILS

Address

Doddakannelli, Sarjapur Road

Bangalore 560035

Phone

+91 (080) 28440011

Fax

+91 (080) 28440256

Web

www.wipro.com

Contact

Amitav Bhattacharjee - Practice Head

E-mail: Amitava.bee @ wipro.com

Akshat Pant - Business Analyst

E-mail: Akshat.pant @ wipro.com

Tata Consultancy Services Limited

ACTIVITY

Tata Consultancy Services Ltd, founded in 1968 and a member of one of the greatest The Asian conglomerate TATA Group, is one of the world leaders in Information Technologies. It offers consulting services, facilities and infrastructure technology leaders information, business process outsourcing (BPO, Business Process Outsourcing), industrial services and engineering in various business areas.

FINANCIAL DATA

Join SENSEX in June 2005. In 2005-06 its turnover has increased by 40% to 112,149 million rupees, with a net profit of 27,169 million. 59.1% of its revenues come from America and 22.4% in Europe. In India you get

12.5%, leaving 6% for the rest of the world. With a workforce of over 60,000 employees has a presence in 34 countries including Spain: TCS in Spain, where SA among its clients include: Iberostar

Group, ISBAN, GE Plastics and solves Consulting.

MANAGEMENT FEES

• Ratan N Tata - Chairman

• S Ramadorai - Chief Executive Officer & Managing Director

• Board of Directors: Naresh Chandra, Aman Mehta, Venkatraman Thyagarajan, M Clayton

Christensen

SH Rajadhyaksha - Company Secretary & Compliance Officer

CONTACT DETAILS

Address

Bombay House, 24, Homi Mody Street

Mumbai 400001

Phone

+91 (022) 67509999

Fax

+91 (022) 56658080

Web

www.tcs.com

Contact

Mr. Pankaj Baliga - Vice President

E-mail: pankaj.baliga @ tcs.com

Tel. +91.22.22816189

PRESENCE IN SPAIN

TCS Spain, SA

Address: General Martínez Campos 41

28010 Madrid

Tel.

+34-91-3910143

+34-91-3106570 Ext 26 (Board)

Fax.

+34-91-3199765

Satyam Computer Services Limited

ACTIVITY

Satyam Computer Services Ltd. Is the leading consulting services and information technologies. Is among the major service providers Internet and offers a broad range of solutions in various sectors:

- Services software development and engineering

- Systems Integration

- Systems Resource Planning (ERP, Enterprise Resource Planning)

- Customer Management (CMR, Customer Relationship Management)

- Management of the supply chain (SCM, Supply Chain Management)

- Product Development

- E-Commerce

- Consulting

--

Outsourcing of information technology.

FINANCIAL DATA

The company incorporated in June 1987, join SENSEX in April 2000. In the 2005-06 financial year its turnover was 46,343 million rupees, 34% higher the previous year, and has earned a profit of 12,398 million. With over 28,000 employees, is present in 55 countries and has several subsidiaries and joint ventures with which it offers service in niche markets

MANAGEMENT FEES

• B Rama Raju - Managing Director

• B Ramalinga Raju - Chairman

G Jayaraman - Company Secretary & Compliance Officer

CONTACT DETAILS

Address

I Floor, Mayfair Center, SP Road

Secunderabad 500003

Phone

+91 (040) 30654343

+91 (011) 55628800 (Office Delhi)

Fax

+91 (040) 27813166 (Marketing)

+91 (040) 27840058 (Corporate)

Web

www.satyam.com

Contact

Saurabh Chauhan - Business Development Manager (Delhi Office)

E-mail: saurabh_chauhan@satyam.com

Tel. +91.9910337765

PRESENCE IN SPAIN

Address:

World Trade Center, Muelle de Barcelona, South Building - Floor 2

08039 Barcelona

Tel.

+34-93-3443280

Fax.

+34-93-3443299

E-mail.

spain@satyam.com

Infosys technologies Limited

ACTIVITY:

Infosys Technologies Ltd together with its subsidiaries Progeon Ltd (Progeon), Infosys Technologies (Australia), Infosys Technologies (China) and Infosys Consulting Inc, is one of the pioneers in outsourcing of software services. Formed in 1981, offers services spanning the entire lifecycle of software, comprising consulting, design, development, engineering, maintenance, integration systems, assessment, implementation and management of infrastructure. It also offers software products for banking services and business process management 

FINANCIAL DATA

Infosys Technologies Ltd is starting to become part of SENSEX in November 1998. The company, with over 50,000 employees, has billed 90,280 million rupees in the financial year 2005-06, representing a 32% increase over last year earlier, and has earned a profit of 24,210 million. 64.8% of its revenues come from North America and 24.5% in Europe, India produces only 1.7%.

MANAGEMENT FEES

• Srinath Batni - Director, Head, Global Accounts & Asia Pacific

• K Dinesh - co-founded & Member of the Board

• S. Gopalakrishnan - Chief Operating Officer & Deputy Managing Director

• NR Narayana Murthy - Chairman & Chief Mentor

• Nandan M Nilekani - Chief Executive Officer, President & Managing Director

• SD Shibulal - Director & Head Worldwide Customer Sales & Delivery

Parvatheesam K - Company Secretary & Compliance Officer

CONTACT DETAILS

Address

Plot No. 44, 97A, Hosur Road, Electronics City

560,100 Bangalore - Karnataka

Phone

+91 (080) 28520261

Fax

+91 (080) 28520362

Web

www.infosys.com

Contact

Mr. Avinash Chandrakar

E-mail: avinashc@infosys.com

PRESENCE IN SPAIN

Head Office: C / Ribera del Loira 46 (Regus), 28042 Madrid

Tel. +34-91-5030644

Fax. +34-91-5030530

E-mail: spain@infosys.com

Branch:

C / Almirante Bonifaz 3-2 # -23 #, 09003 Burgos

Contacts:

Debjit D Chaudhuri - debjitdc@infosys.com

Gopikrishna Rengasamy

--

gopikrishna_r01@infosys.com