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Infosys Acquires Axon Group for £ 407.1 m

Infosys has acquired Axon Group, a UK-based company, for £407.1 million . Infosys says the Axon Group deal would be completed by November. The Infosys management said the deal is at 33% premium to the six-month average price of Axon.

In a Press Conference, it said that this deal would accelerate the realization of the company’s aspirations. The CAGR (Compound Annual Growth Rate) of the company is at 42.7% and Axon’s operating margins is at 15% and the net margin is at 10%. It said that the Infosys would offer six pounds for per share of Axon. It said that the purpose of this acquisition is to create a leading SAP service provider. It added that Axon is a zero balance company. The management said that it would give its guidance for Axon once the deal materializes.

Axon’s auto clients include Maruti, Honda, Ford, Nissan and Mercedes and its pharma clients include AstraZeneca, Novartis Pharmaceuticals and GSK (GlaxoSmithKline). Axon’s financial services clients include GE Capital, Barclays and BankMuscat and its telecom clients include British Telecom, Vodafone and Motorola

Axon Group offers consultancy services and has 2,000 employees and it reported revenues of £204.5 million in 2007 and a PAT of £20.2 million.

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Apple iPhone Idiosyncrasy

You can’t replace the battery; you will have to take the whole works to an Apple center where the asking price for a new battery is nearly $90 equivalent. The device is an iPod built into a phone, great sound & picture included – but with the corollary that you have to embrace Apple’s proprietary iTunes format.

iPhone’s Lacunae:
1. No voice dialling.
2. No video recording.
3. No phone-to-phone photo sending (at least not easily)
4. A fairly ordinary camera with no zoom or flash.
5. No additional memory card slot (!).

One thing will hamper everyone, for now: until 3G speeds are offered in India, using the iPhone will be like buying a F1 racer to do your daily office commute. But at the inaugural price of Rs. 31,000/Rs 36,100 for the 8/16 GB respectively versions in India potential buyers are going to flaunt their phones; not necessarily use them to full functionality.

(The phone will only unlock with the service provider’s SIM card which is installed. Currently the choice is between Airtel & Vodafone.)

Issued in Public Interest

One Port is enough dude…; Otherwise, it might just be the last connection you make.

Halal Vs Haram (No Offence Intended)

Halal – About Porks (No Offence Intended)

Life’s Tough, but it’s even tougher if you’re stupid

First-year students at Texas A&M’s Vet school were attending their first Anatomy class, with a real dead pig.

They all gathered around the surgery table with the body covered with a white sheet. The professor started the class by telling them, “In Veterinary Medicine it is necessary to have two important qualities as a Doctor: The first is that you not be disgusted by anything involving the animal body”.

For an example, the Professor pulled back the sheet, Stuck his finger in the butt of the dead pig, withdrew it and stuck his Finger in his mouth. “Go ahead & do the same thing,” he told his Students.

The students freaked out, hesitated for several minutes, but eventually took turns sticking a finger in the butt of the dead pig & sucking on it.

When everyone finished, the Professor looked at them & said, “The Second most important quality is observation. I stuck in my middle finger & sucked on my index finger. Now learn to pay attention.. Life’s Tough, but it’s even tougher if you’re stupid.“

Via Email: Ajay Kumar Pathak

Halal – About Porks (No Offence Intended)

Halal – About Porks (No Offence Intended)

Halal Vs Haram (No Offence Intended)