IT Sector Equity Research Report January 14‚ 2011 IT-Tier 1 IT Services THEMATIC Humpty Dumpty sat on a wall… Analyst contact Ankur Rudra‚ CFA Tel: +91 22 3043 3211 ankurrudra@ambitcapital.com Tier 1 Indian IT firms have outperformed the Sensex by 14% over the last twelve months and are trading at ~20x FY12 P/E. Such share prices imply long term revenue growth rates >20% over FY11-16 and sustained margin performance. Our reverse DCF analysis indicates that this will be tough to
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Waldo Emerson once wrote "One man’s justice is another’s injustice." This statement quite adequately describes the relation between definitions of justice presented by Polemarchus and Thrasymachus in Book I of the Republic. Polemarchus initially asserts that justice is "to give to each what is owed" (Republic 331d)‚ a definition he picked up from Simonides. Then‚ through the unrelenting questioning of Socrates‚ Polemarchus’ definition evolves into "doing good to friends and harm to enemies" (Republic
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Hamlet. Hamlet becomes obsessed with achieving this justice for his father’s death‚ a duty he views as noble‚ but he quickly comes to realize that carrying out the murder is not as simple a task as he originally thought. As evidenced by events that unfold that result in the death of many of his friends and family‚ and also himself‚ a sense of justice can become easily warped and corrupted when revenge is the motivator. Hamlet’s quest for justice is first introduced when he is visited by an ambiguous
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Restorative Justice Restorative Justice is an alternative to the traditional system. Even though restorative justice will never replace the traditional system‚ it has a balanced focus on the person harmed‚ the person causing the harm and the affected community‚ rather than just the crime through the eyes of the law. Restorative Justice is always voluntary for the victims‚ and the offenders have to be willing to cooperate and they have to want to do this. Restorative Justice is a forward-looking
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that use the term food justice to make a better effort in food. It seems that the organizations are operating the food justice pledge to food movement programs such as growing fruits and vegetables‚ farmers markets‚ nutritional education. The intersectional analysis will include the underlying theories that inform the food justice movement‚ the goals of the alternative food movement and how food justice
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Dougherty ENG101 Argument essay “Justice” in America Every day people are convicted of crimes they did not commit. It has been a long time since the trials of the Scottsboro Boys or George Whitmore‚ but our justice system has not changed. People of foreign race and lower social status receive different treatment in the justice system. These victims are often wrongfully accused‚ or even abused by the ones paid to protect them. The United States justice system gives unfair treatment and trials
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Development into the Justice System Yvonne Constantine Strayer University Ethics and Leadership in Criminal Justice Professor Pionke November 18‚ 2012 KOHLBERG ’S STAGES OF MORAL DEVELOPMET 2 Kohlberg ’s Stages of Moral Development into the Justice System Justice is a concept of moral rightness based on ethics. Justice is fairness‚ and implemented in an attempt to protect society from the wrongs committed against members of the society. (Vogen‚ 2008‚ p.112). The concept of justice involves impartial
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“Outline the main features of the current reforms to the NHS based on the 2010 White Paper “ Equity and Excellence: Liberating the NHS.” Review the reasons for the main proposals in this White Paper.” The NHS trust underwent a major organisational change to improve flexibility and responsiveness to patients ’ needs. Although organisational change was beneficial to the patients‚ issues of power and control‚ ownership‚ gender and communication became predominant within the organisation. As
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Social Justice What is social justice and how does it relate to liberation theology? How do sin‚ love‚ grace‚ and human freedom affect social justice? What restricts freedom and social justice? And how does all of this play a role in the Kingdom of God? Social justice is a concept of a society in which every human being is treated justly‚ without discrimination based on financial status‚ race‚ gender‚ ethnicity‚ etc. Grace is a gift from God that we don’t deserve‚ which helps us choose the
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In society‚ there is no greater question or importance than the relationship between the state and that of an individual. John Rawls directly addresses the issue in his famous work “A Theory of Justice”‚ in which he offers a comprehensive argument for an active welfare state. Rawls offers a framework based in the context of social contract theory that appears both logical and egalitarian; his conclusions appeal to both intuition and reason almost undeniably. This essay will discuss that Rawls principles
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