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Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

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Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits

Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits

Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?

Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

Delhi AQI Today: Air quality index level drops; city records season's lowest temperature

Delhi AQI Today: Air quality index level drops; city records season's lowest temperature

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations

SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

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