If there are any options for buyout of Syntel then it will be good.
Current forecasts look bad.
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Only the leadership team is earning good. Driving luxury cars, and using Syntel money to have sales meet etc in posh hotels.
For average employees there is no hike or promotion..
This is the drawbacks of a privately owned organization...
Board people only see profit, have never attended any town hall to gauge employees satisfaction and needs.
NR was better then RK...
Prashant Ranade bought 500 000 Syntel shares @$18 ...that means 18$ is the Lowest Syntel can go to...He had sold 1000000 Syntel shares @50.. when the company was in good shape( April 2015)..Top mgmt behavior is a very good indicator of the company's future..95 per cent variable pay announced by Infosys will definitely force RK to hand out 80 % veriable pay next month.RK has not given any hike & forget about promotions in the last fiscal...this fiscal also looks quite bleak..Onsitr deputation has become the only thing that automation Engineers can cheer about these days...Engineers sleep out in the cold in the frigid winter of the states & Europe to save some dollars for their poor family in India
No wins no deals.. What's happening ???
Why?
in this case both are bggrs, merger will create bigger and worse bggr
beggars cant be choosers