Profit

Weak rupee: How much will it benefit IT firms?

PUBLISHED ON: September 21, 2011 | Duration: 11 min, 33 sec

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Rostow Ravanan, Chief financial officer (CFO) of MindTree, says nearly 1 per cent depreciation in rupee will help the bottomline by 0.5 per cent. He adds that only sustained depreciation will help the IT companies.
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