Peer review

The investor relations team at one of the top five IT services firms headquartered in Bangalore had unexpected callers during a recent analysts’ call after its fourth quarter results. It found that other than the usual analysts on the call, some employees from a competitor firm had also logged in. These unusual suspects were employees of its Bangalore-based peer, headquartered just 30 km away, which has been in the news for its slow growth and for not giving increments. Sources in the company that held the analysts’ call said these employees could be from the mid-management level of the competitor’s finance team.