Thursday, July 19, 2007

India's Satyam says FY08 margins to drop 125 bps

(Reuters) - Wage increases would impact margins by 350 basis points in
the July-September quarter, he said.




New York-listed Satyam , which specialises in
business software, reported a lower-than-expected 7 percent
rise in net profit for the fiscal first quarter ended June as a
stronger rupee dented margins. )


Read more at Reuters.com Market News

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