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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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News Sources wrote an interesting post today on
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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.

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HCL Technologies profit down by half on forex lossForbes, NYBy ERIKA KINETZ , 04.22.09, 02:18 AM EDT 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 …HCL Tech Q3 net falls 36 pct; shares tumble Reuters India all 31 news articles

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News Sources wrote an interesting post today on
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HCL Technologies profit down by half on forex loss MUMBAI, India — 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 [...]

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News Sources wrote an interesting post today on
Here’s a quick excerpt
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.

Read the rest of this great post here