a. Industry structure and Developments.
The Indian economy is trying to sustain its growth and its visible improvement creates investor confidence. With the specialization in the computer industry, the company needs to develop, nurture and recruit the workforce of the company so as to suit the standards.
b. Opportunities and Threats
Your Company intends to benefit from this steady growth in the outsourcing opportunities and has taken the necessary initiatives in this direction. Recruitment cum training drive has been initiated and required up gradation in the existing infrastructure is also being taken up. Your Company plans a modest beginning subsequently moving up the value chain thereby increasing the margins.
c. Segment- wise or product-wise performance
Your Company operates only in one segment; hence there are no separate segments to be reported.
d. Outlook
Apart from expanding the facilities to meet the requirements from the growth both from existing as well as new customers, your company has also identified various areas which will drive the companys growth plans. Some of the key growth drivers are domain expertise, enhancement of service portfolio to clients, tap new geographies, strengthening marketing teams and inorganic initiatives.
e. Risks and concerns
The main risks causing concern to the IT industry and your company as well are Economic slowdown, ability to attract and retain talent, withdrawal of Tax Benefits, currency Exchange risks, etc.
f. Internal control systems and their adequacy
The Company is trying to develop the internal Control systems suitable to the business which it envisages to start.
g. Discussion on financial performance with respect to operational performance
Company is trying to improve operational performance with respect to increase financial performance to meet the demand & quality.
h. Material developments in Human Resources/Industrial Relations front, including number of people employed.
The Company has identified certain new projects for which it may require adequate human sources. It may find the suitable system for HR and Industrial relations for the proposed business.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.