This is again positive for increasing Gross Deficit of the country. EXPORTERS:- A BANE Given the fact that 76 % of Indian exports market is to the US .The exporters are already feeling the pinch of rising rupee .The IT companies have more than 60% of their revenues from US. It will affect the revenue realization of the IT companies According to a Satyam official - “One percent change in rupee will hit the operating margins of IT companies for FY 08 to 30-50 basis points” Apart from IT companies our textile sector is also loosing apart ...
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This is again positive for increasing Gross Deficit of the country. EXPORTERS:- A BANE Given the fact that 76 % of Indian exports market is to the US .The exporters are already feeling the pinch of rising rupee .The IT companies have more than 60% of their revenues from US. It will affect the revenue realization of the IT companies According to a Satyam official - “One percent change in rupee will hit the operating margins of IT companies for FY 08 to 30-50 basis points” Apart from IT companies our textile sector is also loosing apart ...
displayed next 300 characters

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Indian IT Services Migration to Product Companies “Innovation” to stay in business, be competitive and be global despite competition from the big wigs of the world like IBM, EDS. But then in knowledge industry and a fanatically fast changing world, is it the only competition? The clear answer is NO...	3 / 564
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