Global inflation; many comments are in the floor of discussion about turbulence in the growth of Indian economy. Let me confine my space about IT and ITES industries of India.
As we all know, the basic cause of inflation is due to the surge in the crude and oil prices. This leads to the complete down trend in the almost every nation in the globe.
US is not an exception. Right from the day of dollar getting depreciated, the slow down becomes so obvious. Since, US being the major source for the Indian IT industry, slowdown of the US economy influence the Indian IT industries directly. There are numerous actions taken and carried out by the top officials of every firm to maintain their majestic growth, which they were showing consistently for nearly half a decade.
In these circumstance who won the race in their first lap of this financial year. Here is the snapshot of the results of the last quarter:
Though Satyam is not the leader in this race, their % growth is so significant which attract every one’s attention. Lets meet with the results in their next lap.
Disclaimer: All these facts are my own collection and people who find any contradictions/mistakes, please ignore & take this as a mere fiction.
Sunday, July 20, 2008
Snapshot of this Quarter
Subscribe to:
Posts (Atom)
