Profit

Enough cash in hand for buyouts: Infosys

PUBLISHED ON: September 8, 2008 | Duration: 1 min, 45 sec

   
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IT major Infosys has gone out shopping with a $2 billion war chest in the M&A market, but its top draw SAP consultant Axon Group could elude Infy as HCL Tech is gearing up to counterbid. Infosys board member Mohandas Pai is holding the cards close to his chest but says his cash reserve is his trump card.
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