Sensing a shift in the global information technology (IT) industry, Infosys Technologies, India's second-largest software exporter, on Friday said it is re-organising its business units.
T
hrough the restructuring, it hopes to broaden its customer base and strengthen the services portfolio through scale benefits.
The restructuring, effective November 2007, would see the company consolidate its sales and marketing functions under a new Corporate Sales and Marketing umbrella.
Srinath Batni, a board member, would directly oversee the delivery of products and services.
Infosys is also rationalising its verticals (service industries) and horizontals (service offerings). It will have six industry business units (IBU) and five horizontal business units (HBUs).
Earlier, it clubbed its clients under industry buckets like aerospace & defence, banking and capital markets, energy, health care. Now, the more simplified structure has IBUs such as banking and capital markets, communications media and entertainment, energy, utilities and services, insurance, healthcare, etc.
There are also new growth engines to spot emerging geographies and a dedicated India Business Unit.
Under services, the HBUs are consulting solutions, enterprise solutions, infrastructure management services, product engineering and testing services and systems integration.
Under the earlier system, it had seven services.They included application development and maintenance, enterprise quality service, and packaged application services.
"Today, we are at the cusp of becoming a $4 billion organisation. There is a need to realign to create a structure that can meet the new challenges of our strategic direction, increased customer expectations and higher levels of competition. I am confident that this reorganisation will enable us to compete better in the global markets," Kris Gopalakrishnan, chief executive officer and managing director, said.
Infosys is forming an executive council (EC), to be chaired by the CEO and consisting of the COO, CFO, executive board members and select unit heads.
In order to draw a line of vision for the next generation leaders, budding leaders below the age of 30 will be part of the management council of the business units.
Infosys' European business has been divided into industry verticals, which will be integrated within the IBUs.
The New Growth Engines IBU would focus on are Australia, China, Japan, Middle East, Canada, South America and Latin America.
In order strengthen its consulting practice, Infosys Consulting, the existing domain competency group (DCG) and various solutions groups within the units would become part of the Consulting Solutions IBU.
Without giving details, the company said there would be increased focus on R&D and commercialisation of IP.
Arvind Mills
The Mukesh Ambani controlled RELIANCE Industries is learnt to be in talks to acquire some manufacturing facilities from Arvind Mills, mainly in the denim segment. A person familiar with the development said the proposed acquisition is part of RIL’s increased focus on the apparel business.
When contacted, Arvind Mills CFO Jayesh Shah said: “It is untrue.” RIL spokesperson Paresh Chaudhry said: “The information that Reliance Industries plans to acquire textile mills in various parts of the country as a sourcing base for Vimal Suiting as well as Reliance Retail’s apparel business is absolutely untrue. Nor are we in talks with any textile mill in India for any acquisition whatsoever.”
But the source confirmed that initial talks between the two companies is already on, and added that the deal is stuck on pricing issues. Reliance Industries is likely to float a special purpose vehicle for executing the deal, the person told ET.
Sources said RIL plans to acquire textile mills in various parts of the country to strengthen its presence in the apparel business. These mills will act as a sourcing base for Reliance’s apparel brand Vimal Suitings as well as Reliance Retail’s private labels.
In December last year, the company relaunched Vimal Suitings, which used to be one of the top textile brands in the 1980s. Recently, the company launched its apparel retail chain, Reliance Trends, for which it has created several private labels. These include Network (formal office wear) Netplay (smart casual range) and DNMX denims and T shirts. In addition, the company has come up with exclusive private labels for women (Sparsh) infants and toddlers (Panda) and young boys and girls (Trendz).
Apart from this, group company Reliance Textiles also has a presence in the export market. It is one of the largest exporters of worsted fabrics from India and supplies to brands like Dockers, Nautica, Perry Ellis, Hagger, JC Penny and Marks & Spencer. The company has announced plans to expand its fabric export business and foray into garment exports. For all these, the company needs to increase its manufacturing base.
Arvind Mills, one of the leading textile manufacturers in the country, has 22 units for fabrics and garments. In the fabrics division, the company has presence in denims, shirting, khakhis, knitwear and voiles. It also owns and retails brands such as Flying Machine, Newport and Ruf & Tuf in the jeans category and Excalibur shirts. Arvind Mills also owns licences from international brands such as Arrow, Lee, Wrangler and Tommy Hilfiger for retailing their products in the Indian market.
Growth story OF DIVIS LAB
ON request of mr. pv sharma (new delhi) we are giving infomation about Divis
Established in the year 1990, with Research & Development as its prime fundamental, Divis Laboratories focussed on developing new processes for the production of Active Pharma Ingredients (APIs) & Intermediates. The company in a matter of short time expanded its breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.
With five years of experience, expertise and a proven track-record of helping many companies with its turn-key and consulting strengths, Divis Laboratories established its first manufacturing facility in 1995.
Built on a 300 acre site at Hyderabad (Unit-I). the plant comprises of 13 multi-purpose production blocks and has space for further growth and expansion.
Divis Laboratories set up its second manufacturing facility at Visakhapatnam (Unit-II). in the year 2002 on a314 acre site. The site has 7 multi purpose production blocks.
Both the facilities are primarily engaged in the manufacture of:
Active Pharmaceutical Ingredients (APIs) & Intermediates for Generics
Custom Synthesis of API's and Advanced intermediates for discovery compounds for
pharma giants
Building blocks for Peptides
Building blocks for Nucleotides
Carotenoids
Chiral ligands
Complete cGMP guidelines are complied to in both the plants. The Unit-1 at Hyderabad was successfully inspected by the US FDA during September 2000 and again in April 2004. The Unit-2 at Visakhapatnam was successfully inspected by the US FDA during November 2006. Divis also undertakes FTE/Contract Research on process development for discovering new compounds for leading MNCs across the world and partners with them for the supply of APIs. The company is global in its outlook and benchmarks its quality standards to the best in the world.
Divis Labs
1646.75 178.15 (12.13%)
(BSE: 532488 | NSE: DIVISLAB | ISIN: INE361B01024)
* BSE
* NSE
* Oct 26, 16:00
Current Price 1646.75
Change 178.15
High 1662.00
Low 1471.00
Volume 178061
52 week High 1662.00
52 week Low 346.00
* BSE
* NSE
* Oct 26, 15:59
Compare with peers
Current Price 1645.40
Change 182.7
High 1660.00
Low 1470.00
Volume 665560
52 week High 1657.00
52 week Low 346.43
Hold it for long term. immediate target Rs. 2000
And see the result in 3 days
stock to buy
1 Sesagoa sl 3000 . resistance 3567 if breaches , 3786 in few minutes
2 . Orbit corpoation cmp576 trag 723 stop loss 545 if breaches 621 see flying movements
3 Divis Lab above 1500 can zoom to 1689 stop loss 1432
4. Sterlite above 900 will kiss 1155 soon sl888
5. Dhanus tec buy above 345 sl 320 trag 456
6. Teledata CMP 68 TRAG 89 SL 66
7. DLF cmp 868 sl 850 tag 956
8. Hcl tec CMP 300 TARHG 389 SL 288 ( IF BREACHES STOP LOSS EVEN THAN WE CAN HOLD IT) ALONG WITH NIFTY TRAGET 5710 GO FOR RELIGARE IPO WILL GET 80% RETURN ON SAME DAYReligare Enterprises is a holding company of 11 subsidiaries, which are engaged in a wide range of financial products and services targeted at the retail, high net worth individuals and the corporate and institutional clients. Along with its various subsidiaries, it offers a wide range of services ranging from equities, commodities, insurance broking, to wealth advisory, portfolio management services, personal finance services, investment banking and institutional broking services.
REL’s consolidated total income increased from Rs 311.27 million in fiscal 2006 to Rs 3,201.18 million in fiscal 2007. Its net profit increased from Rs 106.20 million in fiscal 2006 to Rs 250.21 million in fiscal 2007. It posted a consolidated Total Income of Rs 3,079.64 million and a net profit of Rs 367.26 million during the first half of fiscal 2008.
you can ask one stock inquiry welcome we will post on web mails us on usasparrow@yahoo.com
Highlights of M Damodaran's announcements at the Sebi Press Conference:
Sebi * Sebi board cleared proposal to have a separate exchange for SME Segment
* Date of calculation of AUC will be Sept 30
* Sub accounts not to be allowed to issue PNs
* PNs can't be issued with ODIs as underlying
* FIIs shall not issue P-notes as underlying as derivatives has been approved
* Current position to be wound up within 18 months
* Board has decided further issuance of P-notes by sub accounts of FIIs to be discontinued with immediate effect
* Sub accounts issuing P-notes have applied for registration of FIIs: Sebi
* Until a final decision is taken on their being FIIs, sub accounts can continue as normal
* Both proprietary and corporate sub-accounts will be allowed to do business till final decision is announced.
nifty can touch 5710 than 5832 than flying to 6000 we have already advising one year investment stocks who who enjoyed your paid services know we recommended suzlone on 1300 and Jindal power and steel 6100 u can see rates on your screen suzlone will cross 5000 and jindal 10000 soon
Stocks extended losses on Wednesday after data showing weaker-than-expected existing-home sales added to concerns about the U.S. economy. Bulls and Bears both are on full strength when we try to catch bulls bear slaps and when we joined hands with bear bulls slaps now the question is what to do at this right time and what to guide when forecast is unconquerable, unmated , and difficult to predict . Stock market is like
Life "life is tale told by an idiot full of sound and furry signify nothing" same is going on on the market Indian stock market. Market is like to consolidated here and its a very fine tomorrow sebi will clear what is in his kitty and swinging of nifty is on the cards buy at dips and sell at rise its the main mantra to handle volatility -------The fine print you will see tomorrow may pull the chains of bear and bull will once again back to track Nifty bullish above 5410 And if crosses 5550 with volume it can rock the market with direct 5710 . trade in tomorrow market with guts hope and we will think we will be in bulls team and and get the pearl from the sea. All in all its mind game.
love to buy Sesagoa Orbit and REL ENG on dips if have hold it
