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Monday, November 21, 2011

Placement Cell: Sidenote

The US Dollar hits a high, relatively the Indian Rupee hits a low - Fuel prices hit a high, Government scrambles on taxation policies.

What happened to the IT Industry as a consequence of all this?

Read Madhavan Narayanan's column which puts all this in perspective. This environment has slowly rendered the Indian IT Industry stronger !

Here's an excerpt from the column:
A flurry of news on the information technology  and IT-enabled services industry over the past weeks has put the spotlight back on India’s hottest sector and the indication seems to be that a good part of the challenges it faced over the past couple of years may be over.

First, Tata  Consultancy Services (TCS), the country’s top software service exporter, announced its second biggest outsourcing contract worth $2.2 billion (Rs 11,076 crore) from UK-based pension firm Friends Life

Read on ...
http://www.hindustantimes.com/business-news/ColumnsBusiness/An-encouraging-Nov-for-Indian-IT/Article1-771780.aspx

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