Yesterday evening me and my roomy where having a very casual debate over 'Is this India's best IT campus?' which appeared on Rediff.
The debate was over whether Infosys is right in constructing Multiplex, bowling alleys, etc; in their campus. They have been on buying large chunks of land @ subsidized prices in various parts of the country.
Roomy's view:
They shouldn't be constructing Multiplex, bowling alleys, etc; on the land which was obtained at subsidized prices for IT.
My view:
Every IT company in Karnataka had the same level playing field in getting the land @ subsidized prices. Once they have purchased the land, its upto the respecetive companies to utilize the land according to the vision & goal of the organisation.
Looking forward to know your perspective on this.
The debate was over whether Infosys is right in constructing Multiplex, bowling alleys, etc; in their campus. They have been on buying large chunks of land @ subsidized prices in various parts of the country.
Roomy's view:
They shouldn't be constructing Multiplex, bowling alleys, etc; on the land which was obtained at subsidized prices for IT.
My view:
Every IT company in Karnataka had the same level playing field in getting the land @ subsidized prices. Once they have purchased the land, its upto the respecetive companies to utilize the land according to the vision & goal of the organisation.
Looking forward to know your perspective on this.
1 comment:
First of all its wrong to assume that if someone buys land he can do anything with it. Especially agricultural land denying farmers of their only livelyhood.
There a land use clause when large amount of land is handed over.
Secondly there is a registrar of companies which clearly specifies what your company should do. A software company cannot run hotels and club houses. That is a violation.
legality apart, it is important to ask the question, is the infy model right ? ethically. buying large tracts of land and building golf courses.
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