• BUDGET 04 COVERAGE
  • Get More Info
  • STOCKSELECT
  • INTERVIEW
  • COMPANY FOCUS
  • SECTOR FOCUS
  • RELATED VIEWS
  • SECTOR REPORT

  • Related Companies
  • GEOMETRIC
  • FLEXTRONICS SOFTWARE
  • ORACLE FINANCIAL
  • WIPRO
  • Views Search

    Portfolio Tracker
  • VIEW PORTFOLIO
  • Equitymaster.com : Post-budget comments: S. Patkar, CFO, Geometric
     
  • PRINT THIS
  • E-MAIL THIS
  • FEEDBACK
  • OUTLOOK ARENA  >>   VIEWS ON NEWS >>  MARCH 2, 2006

    Post-budget comments: S. Patkar, CFO, Geometric
    BUDGET SECTOR QUOTES | MYSTOCKS | FREE NEWSLETTER

    Post the Union Budget, we talked to Mr. Shashank Patkar, CFO of Geometric Software Solutions (GSS), in order to get his views. This is what he has to say.

    "For the IT sector specifically, no major changes have been proposed. One good move in this budget has been the removal of the fringe benefits tax (FBT) on Superannuation contributions upto Rs 100,000. This is good for GSS, because it has a superannuation scheme.

    It has been a good budget overall. There have been three major positives in my view. First, the focus on education, which will be a positive over the longer term, since India's strength is skilled manpower and it should help in increasing the availability of this all-important resource, which will be a positive for not just the IT sector, but all sectors. Second is the focus on manufacturing, which will also indirectly help IT, which will be good for GSS because of more PLM investments expected in the country, going forward. The third positive point in the budget is the focus on infrastructure, which has a high multiplier effect.

    All in all, I would say it is a good, focussed budget. One good thing is that the FM is not just doing everything in the budget, he is taking steps to boost the economy throughout the year, which is, in a way, taking some of the attention away from the budget."

     Research ReportsTop 100 Indian companies with Buy/Sell price limits
     StockSelectBuy/Sell recommendation every week in your mailbox
     Mid-Cap SelectBuy/Sell recommendation every fortnight in your mailbox
     FundSelectMutual Fund Advisory with downloadable database

    More Views on News

    ZENSAR TECHNOLOGIES Share Price Down by 6%; BSE IT Index Up 1.0% (Market Updates)

    Mar 8, 2021 | Updated on Mar 8, 2021

    ZENSAR TECHNOLOGIES share price is trading down by 6% and its current market price is Rs 297. The BSE IT is up by 1.0%. The top gainers in the BSE IT Index are CYIENT (up 3.7%) and HCL TECHNOLOGIES (up 2.2%). The top losers is ZENSAR TECHNOLOGIES (down 5.5%).

    KPIT TECHNOLOGIES Share Price Up by 7%; BSE IT Index Up 1.5% (Market Updates)

    Mar 8, 2021 | Updated on Mar 8, 2021

    KPIT TECHNOLOGIES share price is trading up by 7% and its current market price is Rs 148. The BSE IT is up by 1.5%. The top gainers in the BSE IT Index is KPIT TECHNOLOGIES (up 6.8%). The top losers are COFORGE (down 0.3%) and WIPRO (down 0.3%).

    More Views on News

    Most Popular

    It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

    Feb 24, 2021

    Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

    Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

    Feb 25, 2021

    In this video, I'll show you how to get started on the path to daily trading profits.

    The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

    Feb 23, 2021

    An Indian company founded three decades ago in a garage caught my attention...

    Gold 65,000 and Silver 84,000 in 2022

    Feb 26, 2021

    In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

    More
     

    © Equitymaster Agora Research Private Limited
    www.personalfn.com | www.equitymaster.com
    Why Personalfn? | Why Equitymaster? | Terms of Use | Contact Us | About Us