[lbo-talk] India's Wipro to Buy Infocrossing for $600 Million

[Sujeet Bhatt]

Very true. The pinch of the rising rupee and increasing Indian
salaries is being felt acutely by all "brown body" businesses like
Wipro.

On 8/7/07, Michael Perelman <michael at ecst.csuchico.edu> wrote:
> Business Week just recently had an article indicating the rising currency values are
> significantly cutting into Indian growth in that area.
>
> On Mon, Aug 06, 2007 at 12:53:50PM -0400, ravi wrote:
> >
> > I wonder... is this escalating acquisition on the part of the Indian
> > software vendors a sign of their inability to maintain their
> > astronomical growth? (wasn't/isn't that the case, in a lot of
> > acquisitions, in the USA?)
> >
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu
> michaelperelman.wordpress.com
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-- 
My humanity is in feeling we are all voices of the same poverty.
- Jorge Louis Borges