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Essay's paper info
Topic: Business
Number of pages / Number of words: 4 / 994
Essay's paper body

It will affect the revenue realization of the IT

companies

According to a Satyam official -

“One percent change in rupee will hit the operating margins of IT companies for

FY 08 to 30-50 basis points”

Apart from IT companies our textile sector is also loosing apart .Last year we

clocked a minor 5% growth in our exports to US; whereas China showed a

substantial growth of 27% in exports to US ...


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07

Besides the above Hotel companies (Taj Gvk, ITC hotels etc) are set to loose as

their 50% of revenues are in dollar terms.

Having said this:-

Now the question arises,

Can Government help Ailing exporters?

The answer is “YES”

For that some steps (tentative) are to be taken:-

1. The government can reduce export duty for exporters...


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