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The top 25 pharmaceutical companies in India registered a growth of 180 per cent in bottom line during the year ended March 2010 mainly on account of a sharp drop in their foreign exchange losses as compared to the previous year.

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BANGKOK, Nov 30 (Reuters) - Airports of Thailand (AOT), the country’s main airport operator, reported a worse-than-expected fourth-quarter net loss on Monday, hit by foreign exchange losses and higher operating costs.

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webmaster@technorati.com wrote an interesting post today on
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Sydney Morning Herald

Forex losses hit Burrup hardSydney Morning HeraldInstead, it was a blow-out in foreign exchange losses totalling $148.3 million that was the culprit, including $124.7 million worth of ”unrealised” forex …and more »

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Indian software services firm HCL Technologies Ltd. said quarterly profit fell 12.3 percent as foreign exchange losses dented rebounding revenues from the U.S. and from media and financial services clients.

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Aug 27, 2009Income Tax If you’re new here, you may want to Subscribe UPDATES FROM TAX GURU by Email. Thanks for visiting!The Central Board of Direct Taxes (CBDT) has advised its field formations to scrutinise all cases in which companies have amortised foreign exchange losses under the one-time discretion allowed by the government through an amendment to Accounting Standard 11 (AS-11).In its discussions with chief commissioners last week, the board asked the tax departments to scrutinise long

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