Tuesday, April 5, 2005

Infosys gets global recognition

One of the most imposing consulting trends of this decade must surely be the rise of the Indian competitors. Firms such as Tata Consultancy Services, Wipro and Infosys have risen to become recognised brands in our market. Now the global financial community has had its say... and it seems there's great belief in the business models and future of these firms amongst financiers too...

You see Infosys this week attained an international credit rating of BBB from Standard & Poor's, the first firm in India to get a higher-than-sovereign rating according to S&P (see
The Telegraph India and Reuters for details). How much stronger an endorsement could you possibly want? And more importantly, are these firms lining themselves up with the credit needed to launch an acquisition bid either in Europe or the US? Any readers got any insights or views? Do post them as comments below... Tony

No comments:

Post a Comment