1. Stronger Rupee and the Indian It - Bpo industry

    As part of the first quarter earnings, Infy lowered their outlook for the rest of the year. Reason cited as the double whammy of increasing wages and a stronger rupee. Here’s a glimpse of earnings report from some of the other software services companies: Polaris Q1 net falls to Rs 14.42 crores MindTree Q1 net profit dips 16% Satyam profit [...]
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