Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: Scottbarone Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 38  
Subject: Outsourcing To Indian Date: 3/13/2005 2:11 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Outsourcing continues to be a very viable option for large companies. For example, automotive companies are outsourcing more to companies like Wipro because they have the intellectual capital and cost structure that allows them to be more competitive. US dollar's strength to the Indian rupee continues to be a subject of concern. Bottom line... if the US dollar strengthens against the rupee (US dollar has remained flat against the rupee YTD despite its decline against the euro)it will benefit the Indian companies. Remember these companies are paid in US dollars and this translates into greate rupees and therefore profits. People appear confused about this fact and the US dollars impact on a foreign companies bottom line. Another factor to consider is the continued outsourcing by European companies to India. Outsourcing to India will grow and if these India companies avoid political strife, their share prices will climb. Also company executives from Wipro have a significant amount of personal and professional capital invested.


Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

Intel's Broadwell Potential
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement