Infosys enters IT Training?

It is reported that Infosys is entering IT education segment with plans to spin off its Mysore campus into a training arm. Lets look at the possible reasons for Infosys to take this step

• Infy cannot afford to keep thousands of people in training so the campus, which it had inaugurated only a few years back with much fanfare, is underutilized and is looking at the skies for much of the time. 
• Infy wants to monetize its real estate holdings 
• Convert a cost centre into a profit centre 
• Does not want to lay off training staff, which might be a PR disaster, so has got made them masters of their own fate 
• Infosys really believes that training segment is a real money spinner (
• Perhaps it was inspired by an ex Infosys employee who now heads an education company in the neighborhood or maybe it wants to get back at him for deserting infy a few years back

Whatever be the reason, it actually could be positive for players such as NIIT and Aptech for the following reasons 

• Some people, who had written off IT training market, would take note and start believing there is a future still 
• Improves the image of the Indian education sector which has been punished due to corporate governance issues at some prominent listed companies ultimately benefiting those who have a better image 

The Cobra bites again!

All the companies that were punished for poor corporate governance must be laughing today as India's cream of financial sector giants, many of whom manage funds, brokerages, equity research houses that championed better governance in public and indulged in malpractices on the side, were exposed today by Cobra Post.

I am surprised today by inclusion of Tata AIG in the list. I guess more pained than surprised. I used to work at at Tata Company before and prided in the fact that Tata's were above this malaise. But before we pass judgement, we must look inside. We will discover that we are all a little dishonest, but like to believe, at most times, that we are honest and are better than the rest. We cook up stories, hang on to anecdotes of our honesty and overemphasize others' dishonesty.

S&P CROSSES 1600

S&P crossed 1600 levels for the first time ever in early trade today.  Stocks opened strong on news of faster than forecast jobs addition in April. 

Quick Question: Is US pressuring India with new visa proposals?

Are the new norms proposed for temporary worker visas directed at Indian IT companies, part of pressure tactics by United States to get more concessions for US companies from India? 

Yes

• US is indeed pressuring India to open up more sectors including insurance
• India is encouraging more exports and accelerating reforms to encourage exports as it wants to reduce CAD
• Unemployment amongst tech workers is low in the US, so why the high rhetoric on tech worker visas 
• ....

No

• Overall unemployment in US is still high 
• .....