Posts Tagged ‘recession’

Is it end of recession in IT sector ?

January 14th, 2010

(So-called) Recession is going on since last year or longer. But there are clear sign of end of recession in atleast in Information Technology sector in India.

- Recent results of Tech giant Infosys ,which even pushed stock price of TCS alot.

- IPO of Infinite over subscriced 43x times & 11x times in Retail category, surely suggests investors confidences back in IT bussiness.

- Ascent, job advertisement supplement of ToI is full again with IT jobs.

At-least picture looks bright in media, god knows what is holding inside.

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