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Essay's paper info
Topic: |
Business
|
Number of pages / Number of words: |
4 / 994 |
Essay's paper body
It will affect the revenue realization of the IT
companies
According to a Satyam official -
âOne percent change in rupee will hit the operating margins of IT companies for
FY 08 to 30-50 basis pointsâ
Apart from IT companies our textile sector is also loosing apart .Last year we
clocked a minor 5% growth in our exports to US; whereas China showed a
substantial growth of 27% in exports to US ...
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07
Besides the above Hotel companies (Taj Gvk, ITC hotels etc) are set to loose as
their 50% of revenues are in dollar terms.
Having said this:-
Now the question arises,
Can Government help Ailing exporters?
The answer is âYESâ
For that some steps (tentative) are to be taken:-
1. The government can reduce export duty for exporters...
Essay fragment
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