Heard on the street (dalal street of course)
TCS management had a hard time fighting the green-eyed monster of envy when investors attending its 14th AGM went ga-ga over its arch-rival Infosys. The investors questioned many of the company's policies regarding employee productivity and EPS and compared them with those of Infosys, making Mr. Tata and the top management a little uncomfortable. Not all the questions were relevant and well-founded though. Nevertheless, kudos to the management for clarifying doubts to the best extent possible. After all that's what AGMs are held for, aren't they?
TCS management had a hard time fighting the green-eyed monster of envy when investors attending its 14th AGM went ga-ga over its arch-rival Infosys. The investors questioned many of the company's policies regarding employee productivity and EPS and compared them with those of Infosys, making Mr. Tata and the top management a little uncomfortable. Not all the questions were relevant and well-founded though. Nevertheless, kudos to the management for clarifying doubts to the best extent possible. After all that's what AGMs are held for, aren't they?
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