The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 17 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bajaj: Hundreds of billions in value will be created in Service-as-a-Software
“I hope again, Indian founders wake up to it because the market cap that was created by Infosys and TCS. Is waiting, and I think TCS must be again, two hundred billion and whatever. That's waiting to be created in this service as a software. And we have an edge…”
Khan: Flipkart has created more millionaires than Infosys
“You've got companies like Flipkart, which have created more millionaires than Infosys has created, for example.”
Kumar: IT Giants Infosys and TCS Built India's Current Tech Talent Pool
“I think we need to thank all this consulting firms like Infosys and TCS and Wipos what they've done in the last 2030 years is what the talent pool, what we are seeing now, right?”
Ahluwalia: TCS and Infosys Still Pay Freshers 3 Lakhs Annually
“Even today, TCS Infosys pay to freshers who are a 22 to twenty-four-year-old, three lakh rupees per annum.”
Pai: Modern internet companies fail governance by taking 60 days to report
“So I'm very disappointed at this new internet companies who call themselves internet companies, supposed to have information, Declaring the results of the 45 days, 60 days market. I mean, to me, it's ridiculous. They're supposed to set standards. Not one of th…”
Big tech enterprise sales experience does not easily translate to startups
“Selling a new age product is, you know, you might have done a lot of selling for companies like, say for example, Infosys or Oracle or whatever, that doesn't mean that you can sell a startup product because at the end of the day, you know you have the backing …”
Building a new Infosys or TCS is incredibly difficult today
“So I do think you have to always keep in mind the sort of the topicality, the times, like for example, you know, like you can't really build a new, I think it's hard to build like a new Infosys or TCS today. You know, there was a time through the eighties, ear…”
Kudva: Post-1991 Indian firms shifted from promoter control to widespread stock options
“Until then, I would say most companies were about the promoter, by the promoter, for the promoter. What these new age companies brought in was a culture of openness, a culture where people were more equal, a culture where stock options were more widely distrib…”
Narayana Murthy Lost Seven Months Importing a Computer by Refusing Bribes
“So Naim Muthi, of course, being a very kind of disciplined, honest, morally correct kind of guy, he said, look, I'm not going to pay any bribe. What do I do? He said, it's very simple. You go back and get another license. Which will actually correct, have the …”
India's last major talent export wave was tech via Infosys and TCS
“The last talent revolution that came out of India was probably Infosys TCS, which was Indian tech talent for the world. And I realized that there's a massive, you know, populace of creative population of creative people that could be harnessed into, you know a…”
Mid-Tier IT Firms Often Trade at Higher Multiples Than Infosys
“You look at IT services, for example, you know, you have the Infosys, TCS, but you have a lot of mid-level IT firms, which actually trade at a higher multiple, right? Than Infosys and TCS, et cetera.”
Makhija: Infosys had just ₹14 crore in revenue at its 1993 IPO
“Can you imagine at what scale when Infosys went public in 93, at what scale would they be? They had 14 crores in revenue.”
Siddhartha: Wipro, TCS, and Infosys drive $200B in Indian IT exports
“Two hundred billion dollars of IT exports by companies like Wipro, TCS, Infosys, and hundreds of other IT services companies.”
Pai: Delivered 99.5% accurate P&L by 3 PM monthly at Infosys
“In fact 1994 when I joined, I said, I'll give you a P&L account with 99.5% accuracy at three o'clock on the last working day. Till the day I left, I should do it.”
Pai: Infosys set corporate governance benchmarks by reporting results in 10 days
“Most of the things that you see in corporate governance were set by Infosys, and we used to report our results within 1011 days.”