Business Standard

Infosys' long wait for love

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Business Standard

Infosys always equates acquisitions with falling in love. When 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.

 

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First Published: Apr 19 2012 | 12:40 AM IST

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