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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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   Posted: 28/Dec/2006 at 9:08pm |
On a personal note, Vishnu ji is a really devout man and extremely down-to-earth. He organizes spiritual classes from time to time for his employees. As I said long time back when once we were discussing Nucleus, that Vishnu jee's body language and his eyes are very very honest and transparent. That is one thing that gives me a lot of confidence. What future holds only time shall tell, let's hope for the best.
And hehe Reetesh jee, the kulman baba ji fever is getting a hold of you 2 ha! Nice one!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 28/Dec/2006 at 9:22pm |
Oh, there is something that Basant ji maybe interested in...though exceptions are always there...but Vishnu jee would be on the right side of the fence and not the exception:
"Vishnu R Dusad is a graduate from the Indian Institute of Technology, New Delhi."
Hehe,so there you go Basant sir....just for fun I mentioned it!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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s_praharaj
Senior Member
Joined: 10/Sep/2006
Location: India
Online Status: Offline
Posts: 357
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Posted: 28/Dec/2006 at 9:32pm |
OM Shivaya,
I don't have any knowledge about the loan processing software of Nucleus. I also enquired with some of my friends, which are mostly from public sector banks. But none of the PSU's including SBI is using that. But I don't understand why PSU's are not using it.
Basant,
I am a user of Flexcube. I have seen thoroughly both Flexcube and Finnacle. To me Flexcube is more suited to foreign countries than India. Finnacle is more suited to Indian Banking. The result also is clear. Finnacle is market leader in India where as Flexcube is used in 102 countries all over the world and clearly the preferred one in foreign countries.
Ofcourse in the last four years Flexcube has customised a lot to suit Indian Banking and we are quite comfortable with that. This is my private opinion.
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Shashi Praharaj
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 28/Dec/2006 at 9:38pm |
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Yes, PSUs are not currently on the client list of Nucleus I have seen that. No hassles though.
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 28/Dec/2006 at 8:34am |
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I think a few years back in 2003 I flex was to break into the US market. In fact that was the only country where they did not have adequate representation. I was holding Iflex at that time. ALso their tie up with Oracle would put them in big league in the US market as would Mphasis's tie up with EDS.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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s_praharaj
Senior Member
Joined: 10/Sep/2006
Location: India
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Posts: 357
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Posted: 29/Dec/2006 at 6:29pm |
Basant,
Today Iflex has many customers in US. This software is very good for a bank say having aroubd 100 branches and all tech-savvy customers, who do not want to visit branches. That's why it is popular in so many countries. Mostly Banks in western countries are having few branches, and thus iflex is the preferred software. Now oracle takeover will take it still farther.
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Shashi Praharaj
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
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Posted: 29/Dec/2006 at 7:46pm |
Hi Omshivaya,
I am not sure to offer any comments about the body language thing but I am also studying now Nucleus (and since I am a IT Pro ) think I should be able to find out what is hidden in it !!!
Anyways I have a very high respect for IIT and IIM-A (especially) and if the business is good and the company is actively run by them then as a thumb rule I dont hesitate to get into that stock (of course with my limitations) (I mean my 50% conviction is buid on the leader !!!
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India_Bull forever Bull !
www.kapilcomedynights.com
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