1. The steady rise of the rupee.
- Author
-
Parker, Andrew
- Subjects
INDIAN rupee ,INFORMATION technology ,REVENUE - Abstract
The article presents information on the impact of the increase in the value of the Indian rupee against the dollar on the information technology (IT) industry. It is stated that despite the currency shift, leading Indian service providers such as Infosys Technologies Ltd. and Cognizant Corp. have sustained strong revenue growth in North America. However, it is reported that in 2007, many Indian IT services firms achieved higher revenue growth in Europe rather than North America.
- Published
- 2008