Advertisement
patturaja

Patturaja

(Photo: Reuters)

IT services exporters hit by dollar gains against overseas currencies

by Patturaja |Apr 8, 2015

The cross-currency headwinds crimped quarterly revenue growth of the domestic US $146-billion IT industry by 2.25 to 3.00 percentage points in the final three months of 2014-15.

More than half of Indian firms undershot earnings forecasts, including some of the biggest: Reliance Industries, Tata Motors and bellwether engineering firm Larsen & Toubro.

Dull Q3 earnings negate mkt rally, GDP growth

by Abhishek Vishnoi |Feb 17, 2015

Analysts over the past month have cut their net profit forecasts for large and mid-sized companies by 2.8 per cent on average, Thomson Reuters data shows.