Apreciating Rupee forces Companies to act

The rupee had been appreciating against the rupee dollar relentlessly. This has forced all major Indian IT companies [Infosys, Wipro, TCS ] to act to minimise their loses.



In my previous post , i was discussing about how these companies are going to adapt themselves to the compulsion of the changing times. In the same lines, Infosys to increase its revenue share from the europe regions has bid for European Software Developers.



It is also being claimed that Wipro has bid for 60 euros per share for Cap Gemini SA, Europe's largest computer-services provider 60 euros-a-share bid for Cap Gemini SA, Europe's largest computer-services provider.

Watchout this space for more action in future.