Indian software companies, which compete furiously with each other for global outsourcing deals, are now facing a common enemy in the rising rupee...
Andy Mukherjee / Bloomberg
http://www.livemint.com/2007/07/20003254/Indian-outsourcing-has-a-hedge.html
If you worked for a software company ( or perhaps ran one) and are an Indian - would you grieve for your company's slump in profit or rejoice in the strength of the good ol' Rupee?
I wonder.
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