Monday, January 11, 2010

Protecting margins a big worry for IT firms

India's leading software services companies are set to report a fall in profit margins for the last quarter due to a firmer local currency, though demand for outsourcing is improving in a global economy on the mend. The country's $60 billion sector, which manages complex computer networks to maintaining technology operations for clients such as General Electric and Citigroup, is back to its hiring ways and is also boosting salaries.

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