For IT firms, it's a mixed blessing
Financial Express Ahmedabad|December 24, 2024
DESPITE CURRENCY PRESSURES, the sector's growth is underpinned by strong demand, particularly in cloud and AI-driven transformation projects," said an industry analyst.

"The rupee depreciation will act as a margin tailwind, though the exact impact depends on factors such as hedging policies and off-shoring levels," an analyst from a domestic brokerage said.

While the rupee's decline is a boon for revenues and profits, the net benefit varies across companies due to differences in hedging strategies, offshore revenue exposure, and margin profiles.

Denne historien er fra December 24, 2024-utgaven av Financial Express Ahmedabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 24, 2024-utgaven av Financial Express Ahmedabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS AHMEDABADSe alt
Financial Express Ahmedabad

ECB cuts rates, keeps door ajar for more easing

The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.

time-read
2 mins  |
March 07, 2025
Financial Express Ahmedabad

Govt Offloads 3 MT Wheat in Market in FY25

The government's market intervention through the sale of surplus wheat stock in the open market for the current fiscal has come to an end, with the Food Corporation of India (FCI) offloading 3 million tonnes (MT) of the grain.

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

Will protect interest of exporters in trade talks with US: FM

WITH THE DONALD TRUMP administration threatening to impose reciprocal tariffs from April 2, finance minister Nirmala Sitharaman on Thursday said that commerce minister Piyush Goyal, who is currently in the US for bilateral talks, will seek to protect Indian exporters' interest.

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

Green investments may be hindered by unsold projects

A GROWING NUMBER of planned renewable projects in the country are failing to secure prospective power buyers, threatening green energy goals, according to the Institute for Energy Economics and Financial Analysis.

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

India GPUs in 3-4 years, Says Vaishnaw

THE DATASETS PLATFORM, AI Kosha, which was launched on Thursday, will serve as a repository of anonymous and non-personal data, providing crucial resources for startups to train AI models.

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

Honda Could Get BYD-ed in Key Scooter Market

For the world's carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation.

time-read
3 mins  |
March 07, 2025
Financial Express Ahmedabad

Yield softens to one-month low on liquidity push

Boosting Sentiment

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

Boeing CEO Kelly wants 'brutal' honesty from workers

BOEING CHIEF EXECUTIVE Officer Kelly Ortberg is inviting employees to help expose deep-seated problems — even if the response is \"brutal\" to the planemaker's leaders.

time-read
1 min  |
March 07, 2025
Financial Express Ahmedabad

Market on recovery course, Jefferies and Citi optimistic

Historically, from such levels, Indian markets have bounced back both in relative and absolute terms

time-read
2 mins  |
March 07, 2025
Financial Express Ahmedabad

We do not need to raise CNG prices

Mahanagar Gas plans to spend ₹1,000 crore in FY26 as capex compared with ₹800 crore in the current financial year.

time-read
1 min  |
March 07, 2025