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Rostow Ravanan

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Rupee flux temporary, but splinters may hit India Inc

With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache.While the obvious gainers are export-led sectors like information technology and......

Rupee depreciation positive for IT sector

The depreciating rupee to the dollar will have a positive impact of at least three per cent on Indian revenue for the top four Indian information technology services company, said analyst. Every......

Indian IT firms shrug aside EU tax concern

Even as the Indian IT industry is studying the fine print of the European Union (EU) to expand the scope of value-added-tax (VAT) from January 1, to include services like back-office operations,......

Rising Re: Exporters keep their fingers crossed

The rupee's relentless rise (it closed at 46.14 to a dollar on Wednesday after touching 46.08 -- a12-month high) has left Rajendra Hinduja worried. The CEO of Bangalore-based Gokaldas Exports, one......

IT firms may have to cut prices further

Already working on thin margins, the information technologyservices industry in India will have to cut prices by 5-20 per cent over the next three quarters, say analysts.Global clients continue to......
  Web results for Rostow Ravanan
TCS warns of weak Q3 on seasonality, pressure in BFSI biz

Excerpts from After the Bell on CNBC-TV18 Watch the full show ยป However, the company maintained its operating margin guidance of 26-28 percent.... ...

http://www.moneycontrol.com/news/business/tcs-warnsweak-q3seasonality-pressurebfsi-biz_1251580.html
Mindtree

Rostow Ravanan of Mindtree says currencies moving all over the chart has become the new normal. He believes there may be a 100-150 bps impact on... ...

http://www.moneycontrol.com/news/business/cross-currency-headwinds-may-impact-36-revenue-mindtree_1248113.html
Sensex closes below 26000, sheds 350 pts; Hindalco down 6%

03:30pm Market Closing Equity benchmarks saw huge selling pressure in last hour of trade following weak Euroepan cues and drop in rupee. The... ...

http://www.moneycontrol.com/news/local-markets/sensex-closes-below-26000-sheds-350-pts-hindalco-down-6_1205032.html

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