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Old 02-09-09   #20
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Post Top Three IT Companies Go Slow on SEZ Expansion

Quote:
Originally Posted by MJHome View Post
Btw, you might find the IT(big ones) posting satisfactory result for the coming quarter. This is the quarter where all the US companies traditionally want to burn the money(whatever small amount) they are having with them.

But long term is still doubtful. Last week also there were more bank closures in US. Delinquency is still on the rise. Stability is not guaranteed. So next year IT might get into deeper trouble if US market don't pick up.
Something related to this & it's impact on RE:-

http://www.indianrealtynews.com/sezs...expansion.html
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