ON JUNE 19, two terrorists were killed by the Army in an encounter in Sopore in north Kashmir’s Baramulla district. The two had crossed from Pakistan into Rajouri-Poonch in Jammu and were behind the December 21 killing of four soldiers in an ambush in Thanamandi last year. Their cellphones, a probe revealed, had clips of a T20 cricket match in Abu Dhabi, details that suggested a “level of education not very common and a good family background”, and their use of weapons reflected they were among the “most highly trained…
Tag: challenge
Credit Suisse: IT stocks facing never-before-seen challenge: Neelkanth Mishra, Credit Suisse
[ad_1] Although known to be a resilient area to invest in times of global macro uncertainty, IT Stock This time also the pressure may remain. Neelkanth MishraIndia Equity Strategist, credit SuisseThey are said to have lost weight on the IT services sector as they come under pressure from a never-seen-before challenge of revenue. “The challenge is that if an offshore IT engineer generates $35,000–40,000 in revenue annually, the SAS company is generating $80,000–100,000 per software engineer. So, their ability to pay is just as high. There is issue which we…