Infosys-growth larger than expected!!!

Jan 15, 2009
25
0
#1
Infosys has shown its Q3 results a few days back. They have shown an extra growth of 33% in this quarter. It means the results are even more than the expectations of the company and its stakeholders. Satyam's scam was also related to the fraud in the balance sheet of the company. Is there any chance of fraud in Infosys also? What is your view??
 
Jan 14, 2009
25
0
#2
Hello Udit
I dont think Infosys can be suspected of a fraud similar to Satyam because since the time slum hit the market Infosys has shown a lot of progress.
In the previous 2 quarters also Infosys delivered good news..
So one cannot really doubt it...
Moreover after this Satyam fraud the govt has ordered probe on all leading IT companies so I dont think they can dare to do such thing...
 
Jan 15, 2009
25
0
#3
Hi Sarthak,
In case of Satyam, they were doing this fraud for the last many quarters. When they could not manage the diffence in the balance sheet, this fraud came into lime light. So it might be the case in Infosys also. But as you said government is probing all the IT majors, So soon this doubt will be cleared
 

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