Wednesday, August 11, 2010

Q1: 2010-11

2010 has been a very important year for all the Enterprises around the world. Almost all the developed countries in the world have been reeling under worst economic crisis. And 2009 is the peak of all for all the western countries. As you know, Greece, Spain and Portugal have already gone bankrupt. The US economy is believed to be slipping into double dip depression since the last 2 months June and July have shown steady decline in the growth in all sectors predominantly the manufacturing. Ironically the automobile sales for the last 2 months have been pretty good for the companies based out of US but most of sales for them has come from developing countries like China. The first quarter(Apr - June) for this financial year of 2010-11 is good one for all the India based Software companies. TCS, Infy, Wipro, HCL and Tech Mahindra have shown a impressive results. Among them TCS proved it's mettle by showing a whooping Rs.1900 Crores of Profit After Tax. A broad based growth has helped them sustain the march in the league of Five. Congratulations TCS!!!

Pakistan, China, Russia - Do you See a Connection ?

Is the recent massive flooding in Pakistan that has not witnessed in the past 80 years, the cloud burst and eventual mud sliding in China and the Raging Wild Fire in Russia is a after effect of Global Warming ? I tend to think this planet is getting it's temperature increasing. An increase of 4 degree Celsius will have most of the cities and towns on the shores under the water. An alarming green house gas effect... It's high time the industrialized countries should take punitive measures to bring down the CO emission to greater extent. Is there a way we can contribute as an individual to this planet... I would say growing a plant by everyone means a lot to this plant. Let us Save Our Earth Folks !!!!