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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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Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
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HCL Technologies hiring more locals in US, says visa dependency down
Tue, Jan 24, 2017
HCL Technologies on Tuesday said it has "stepped up" efforts in the US for campus and entry-level hires to support growth in coming quarters even though a "very high percentage of employees" is already local hires.
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China 2016 home prices surge most in 5 years, but moderating, easing bubble fears
Wed, Jan 18, 2017
Prices of new homes in China grew last year at the fastest rate since 2011, but moderated enough in December to calm fears of a speculative bubble bursting with disastrous economic consequences.
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Limited room to reduce fiscal deficit to 3% in FY18: Moody's
Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.
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Govt likely to meet fiscal deficit target of 3.5% of GDP in FY17: DBS
Wed, Jan 04, 2017
Government is expected to meet the fiscal deficit target of 3.5% of GDP in the current financial year, despite recent demonetisation move and potential delay in roll out of the Goods and Services Tax (GST), says a report.
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China's November industry profits grow well, but chance to sustain gains clouded
Tue, Dec 27, 2016
China`s industrial sector showed the strongest profit growth in three months in November, suggesting the world`s second-largest economy was improving, though policymakers noted gains were too dependent on rebounding prices for oil products, iron and steel.
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