Thursday, April 19, 2007

India Wipro CFO says rupee rise a concern

(Reuters) - The rupee hit a nine-year high against the dollar this week.

Operating margin for Wipro, which counts telecom gear makers Cisco and Nortel among key clients, declined in the January-March quarter because of wage hikes and stock option costs, Senapaty said.


Read more at Reuters.com Market News

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