A great quarter for Zensar

We have announced the results for the first quarter of FY 12-13 and I am pleased to share that the consolidated revenue for the quarter shows 36.5% growth year-on-year. Q1 has been an excellent quarter and demonstrates the robust and risk mitigated nature of our business. Our strong focus on key verticals, diversified geographies and innovation in all our services has enabled us to weather the storm that is affecting the entire sector. We are confident that we will meet and exceed the goal of 18 % growth in Full Year 2012- 13. Consolidated...

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Towards the Olympics

Saina Jwala Ashwini Abhinav Gagan Leander Sania Mahesh Deepika Mary Kom and wrestlers and weightlifters- the list of medal possibilities from India is growing every Olympics ! Congratulations to Deep Sethi for his Go for Gold initiative that got the powers that be in Indian sports to wake up Now lets wait and watch...

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Q1 Results Reason

Folks Its always fun the week of the first results announcements for a quarter when no analyst knows quite how to call it - will TCS and/or Infosys spring a positive surprise on the 12th for the IT sector ? JP Morgan talks about both secular headwinds and cyclical forces combining to exert pressure on the industry but also states that is is difficult to guage how much of the current slowdown is cyclical and how much structural ! While discretionary spending is likely to be low and large financial institutions could be approaching saturation...

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Industry outlook - June 2012

The week ends on an optimistic note - Europe is stable, America hasnt sounded any more outsourcing warnings, the Indian PM is on a roll with his positive announcements - IT industry results start rolling next week - hope all the surprises are good ones ! On a recent interview with CNBC, I had to stave off a series of alarmist questions ? Will the "Move jobs to USA" bill be the death knell of outsourcing ? Will the US Government's intention to ask all software companies to do the work only in America be a deterrent ? Will NASSCOM have to downgrade...

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