weak macro-economic environment, depreciating rupee, persistent high inflation, rising fuel prices and high interest rates, have impacted both demand and costs. New vehicles sales, except two-wheelers and tractors, registered a double digit decline - the worst performance in over a decade. Slowdown
6.41 PM Feb 18th
and increased competiveness of Indian exporters on the back of a depreciated rupee. The flat to moderately positive budgets of clients, which are under pressure to reduce costs, will push them to opt for outsourcing commoditised services like application maintenance and other labour-based offerings to Indian
7.51 PM Feb 11th
Source:Economic Times - Technology and pharma companies have seen significant benefits of the depreciating rupee in the third quarter results announced so far, say analysts. And it`s not just IT and pharma; metals and cyclicals are other sectors benefitting from the weakness in the rupee.
4.32 PM Jan 20th
MOSt Shares NASDAQ-100 ETF ICICI Pru US Bluechip Equity DSPBR US Flexible Equity DWS Global Thematic Offshore Birla SL International Equity A JP Morgan ASEAN Equity Offshore Mirae Asset China Advantage The top four are likely to gain due to depreciating rupee wrt to US Dollar. These Funds are good
3.37 PM Jan 11th
Firstsource bags deals worth Rs 550/- crores according to The Hindu Businessline dated 04-01-2014. They also plan more acquisitions for diversification. Good news. Stock should move up hearonwards. Quartely results are to be better than expected due to depreciating Rupee.
2.21 PM Jan 5th
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