+ Post a Comment HERE!   + Ask a Question / Post a Topic
Results 1 to 4 of 4

IT Companies and Ruppee Appreciation

Advert.

  1. #1
    Schindler
    Schindler is offline Newbie

    IT Companies and Ruppee Appreciation

    Advert.
    IT Companies in India would be having nightmares because of the appreciation of ruppee. The issue which arises is whether this would usher an era of Indian IT companies more aggresively acquiring businesses abroad and giving a run for their money to the companies abroad and on their soil. Is it good that the ruppee appreciated? Yes because now the Indian companies do not have to focus on the projects they get from abroad or the projects from foreign IT majors or No, because it would mean loss of revenue for Indian companies and thereby a decline in their position.

    Most importantly is it a wake up call for the Indian companies, to wake up from their slumber as they were easily earning from off shore projects? Would it mean an Indian product like an Indian operating system, displacing windows from its place?

    What do you think?

  2. #2
    kammy
    kammy is offline eTI Copper

    Re: IT Companies and Ruppee Appreciation

    good point.
    kamal

  3. #3
    Ricky
    Ricky is offline eTI Silver

    Re: IT Companies and Ruppee Appreciation

    I don't think that appreciation of Rupee can be big concern, although rupee touched all time high recently.
    I think this is good as it will force companies to re think and to be more aggressive on their policies to make good profits.

  4. #4
    Schindler
    Schindler is offline Newbie

    Re: IT Companies and Ruppee Appreciation

    My point is that Indian IT companies should now change themselves to giants from cheap service providers, rather than worry because of the loss in overseas revenue.


+ Post a Comment HERE!

Similar Topics and Discussions

  1. Career Counselling Query - Btech low percentage and rejected by companies
    By sirashwini in forum Career, Competetive Exam guides and Discussion
  2. The Art of Appreciation
    By Farida H B in forum eTalkIndia's Special : The Editorial.
  3. Reason for IT companies firing employees other than US economic slowdown
    By dharam_hbtik in forum Miscellaneous Sensible Discussion
  4. Fuel Price Hike in India to overcome the losses of oil companies
    By Khabri in forum General News Discussion
  5. Tata ranked 6th and Reliance 19th as words most innovative companies.
    By Khabri in forum Indian Business & General Market Forum
X
Have Question? Ask now free!