News Sources wrote an interesting post today on
Here’s a quick excerpt
HCL Technologies profit down by half on forex loss Indian software services firm HCL Technologies Ltd. said quarterly profits plunged by nearly half as the company battled foreign exchange losses and declining demand from financial services and telecom customers. The company said Wednesday that it earned $43.0 million in net income during the quarter ended March [...]

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This entry was posted on Wednesday, April 22nd, 2009 at 2:54 am and is filed under Forex Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.