Forex Articles

We have certainties of our revenues at around Rs 50 per dollar due to hedging positions for the next financial year. our long-term currency hedges will bring predictability to our margins. mr B.V.R. Mohan Reddy, Chairman and Managing Director

Infotech Enterprises is a niche engineering services and geographic information solutions company with a turnover of Rs 1,188 crore last year. it caters to engineering design needs of firms in areas such as aerospace, consumer and energy. mr B.V.R. Mohan Reddy, Chairman and Managing Director, speaks on forex hedging, global crisis and expansion plans.

North America and Europe showed drop in revenues in the third quarter (over Q3 last year). How do you see this evolve and what are the new markets you are looking at?

Despite challenges in Europe, we had one per cent improvement in our revenue share from Europe over the previous quarter. our order pipeline is robust and we are confident of continued growth in both the markets in the coming quarters. we also expect to see traction to our Japanese business.

FOREX fluctuations have resulted in losses in Q3. What would be your strategy for the next quarter and next financial year?

Most of these losses on Forex are notional and with rupee appreciation, we expect many of these losses to unwind in the coming quarter. our forex policy is robust from business perspective. we have certainties of our revenues at around Rs 50 per dollar due to hedging positions for the next financial year. our long-term currency hedges will bring predictability to our margins. we cover 70 per cent of its net forex inflows for next 24 months.

Attrition rate is high at 19 per cent. How do you plan to reduce it? do you foresee a need to shift skills sets of employees? What’s your plan to train them for new roles?

Attrition is stable at 18-19 per cent and is in line with industry average. While attrition is a concern for the industry, we make sure we always have a robust recruitment pipeline. Induction of freshers and providing them intense training helps us put them on-board rapidly and ensure that customer commitments are always met.

What’s the hiring plan for next financial year?

We have not yet finalised the hiring plans for next year as our budgets for financial year 2013 are not ready yet. we have 9,200 associates as on December 31. we may end the year at around 9,600. we have made offers for 400 freshers in the first round. the next round will happen after we finalise our budgets.

What are your expansion plans?

We have created 2,000 plus seats in SEZs in Visakhapatnam and Kakinada. Parts of these facilities are ready and balance will be completed in the coming year. we will add about 1,000 seats in Hyderabad SEZ.

What could be the growth rate for this and next financial years for the industry in the back drop economic turmoil in EU?

The industry growth for the current financial year is expected to be 18 per cent and for the next financial year a shade lower.

kurmanath@thehindu.co.in

<a href="http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2817322.ece?homepage=true&ref=wl_hometag:news.google.com,2005:cluster=http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2817322.ece?homepage=true”>We’re confident of growth in N. America, Europe in coming quarters: Infotech CMD

risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. currency trading on margin involves high risk, and is not suitable for all investors. before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Fusion Media would like to remind you that the data contained in this website is not necessarily Real-Time nor accurate. All CFDs (stocks, indexes, futures) and forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

<a href="http://www.forexpros.com/news/forex-news/forex—eur-usd-weekly-outlook%3A-january-16—20-229137tag:news.google.com,2005:cluster=http://www.forexpros.com/news/forex-news/forex—eur-usd-weekly-outlook:-january-16—20-229137Sun, 15 Jan 2012 15:44:45 GMT”>Error 404: Page Not Found

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. please be fully informed regarding the risks and costs associated with Trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade Foreign Exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. all CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

<a href="http://www.forexpros.com/news/commodities-news/gold-futures-climb-on-deepening-euro-zone-concerns-228833tag:news.google.com,2005:cluster=http://www.forexpros.com/news/commodities-news/gold-futures-climb-on-deepening-euro-zone-concerns-228833Thu, 05 Jan 2012 20:01:33 GMT”>Error 404: Page Not Found

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. please be fully informed regarding the risks and costs associated with Trading the financial markets, it is one of the riskiest investment forms possible. currency trading on margin involves high risk, and is not suitable for all investors. before deciding to trade Foreign Exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. all CFDs (stocks, indexes, futures) and forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

<a href="http://www.forexpros.com/analysis/fx-market-commentary-%E2%80%93-13th-january-2012-111085tag:news.google.com,2005:cluster=http://www.forexpros.com/analysis/fx-market-commentary-–-13th-january-2012-111085Fri, 13 Jan 2012 00:28:28 GMT”>Error 404: Page Not Found

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

<a href="http://www.reuters.com/article/2012/01/10/singapore-market-stocks-preopener-idUSL3E8CA00020120110tag:news.google.com,2005:cluster=http://www.reuters.com/article/2012/01/10/singapore-market-stocks-preopener-idUSL3E8CA00020120110Tue, 10 Jan 2012 00:23:01 GMT”>Page Not Found

Link Pages: Page 2

Stock Market Videos – Watch the latest news and videos on the stock markets.

INO’s Partner Program – Make Money!

forex strategy trading :check our forex trading signal software,forex currency trading software,forex day trading system and currency trading tips.

Compare trading brokers online

Currency Transfer blog

Managed forex Account – Invariant Capital – Invariant Capital is a NYC-based managed currency fund. we focus exclusively on employing robust, systematic trading strategies that are not correlated with major indices and other asset classes.

SiriusForex.com – First in the World of Global forex Trading.

Forex – GoForex is your one-stop shop for forex trading.

Online Forex Trading – Stifx is a leading provider of online forex trading information. if you are looking for the money transfer or foreign currency exchange, best forex trading education, forex guide, information on forex mini account, demo account, Fx trading software, Fx trading strategies or just information on forex brokerage, you have come to right place to explore you self in fx.

Forex Trading System -  forextradingPower.com is a one-stop premium resource which provides useful Forex trading tips, trading strategies, trading systems, weekly newsletters and many more. It is famous for it’s client focus and top class quality support. Most importantly, all the above listed are provided FREE as the company believes in lifetime education for their clients.

Forexstar.com – Forex Articles and News

Forex-Directory.net

Forex – the Forex (currency exchange) market is the fastest growing in the world. Tap into this unprecedented with FX Pip Capital.

Forex Trading – Forex Trading brings you the latest forex news and forex tips for your convenience.

Business Web Directory

Forex Articles – Whole Forex in one place

Forex Directory

Forex Day Trading – Managed Accounts. get free day trading training on our award-winning, online currency trading system. See how well you do trading the forex market in 30 days. Potential managed forex account customers can join a live online meeting with a top-ranked forex money manager.

Forex Trading – Learn to trade the fx market with a proven forex trading method.

ForexStrategy Team- Trading Together in Real Time. Forex Signals in real time for the four main currencies pairs. forex news Agency. Live Forex Market data. Real time forex Charts, live quotes, live news, live forex signals and live forex education.

ForexExplore.com- Forex brokers reviews and rating, comprehensive forex tutorials and articles, latest forex news and forex blog. Find top forex brokers, free demo accounts and much more.

Forex Info – General information about Forex trading, Forex brokers lists, free Forex e-books, free Forex tools and Forex articles for newbie and expert Forex traders.

Forex eBooks Collection – Free Dowload forex eBooks and articles about forex trading business to improve your knowledge and your trading skill.

Forex – the Forex (currency exchange) market is the fastest growing in the world. Tap into this unprecedented opportunity with Forex Focus Daily.

Automated Forex Solution – Put the most advanced automated Forex trading system to work of you today!

Metatrader Expert – Metatrader Expert advisors and Metatrader Indicators online store. Forex scalping strategies, forex hedge strategies, Forex Neural networks, Forex Grid.

Futures and Forex Market Forecasting – AmazingAccuracy.com is a unique membership service for traders wanting to trade with precision accuracy in order to increase profit potential and lower risk exposure. Try us out today!

Forex Forecast – Providing free forex technical analysis and forex trading courses. Information presented in this site can help you timing the forex market.

Forex Automaton – Original research on currency forecasting and trading system building. Our main research tool is correlation-based quantitative analysis.

Forex Daily Levels – Forex Live rates, Forex Recommendations, Forex Levels, Forex News, Forex Investments, Forex Managed Accounts

Forex Broker Rebates – Cashbackforex provides the highest forex broker rebates and cash back incentives in the industry.

Forex Managed Accounts – High-return Forex investing with professional management

FREE FOREX Trading Signals – FOREX Trading Signals for Profitable Trading.

Quantum FX Managed Accounts – High-return Forex investing with professional management

Forex Managed Accounts – High-return Forex investing with professional management

Earn Money with Forex Trading – Click here! – Forex is all about investing money in foreign currencies, just gain profit by selling at a higher price, the one you hold, just to buy another one at a lower price.

Alan’s Forex Blog – Forex Reviews, News & Articles

Forex EA – Excellent Automated Trading system for MT4, been used on live account since January 2007 with outstanding results!

FX FarEast – Forex trading signals and asset management for the currency market.

ForexVote.com

Successful Investing Trading – Professional investing trading education, training, and much more. Free investor trader information, articles, blog, software and signal comparision trials for stocks, options, futures, forex, and commodities.

Forex DIY – Your Forex Trading Knowledge Base

Forex made Easy – Helping you make informed decisions about forex programs and forex courses.

automated forex trading systems Reviews & Tips

This FullyAutomated Forex Trading Software is the secret weapon of winners.get the most popular and proven Forex Robot with a Free e-course and seeyour money growing!

OnlineTradersForum.com – Cramer’s mad Money Daily Recap – Traders and investors share stock picks and ideas about the stock market. Daily recap of Jim Cramer’s “mad Money” TV show.

Online forex trading platform – IKON Royal offers online forex trading system, global currency trading & forex trading software.

<a href="http://countingpips.com/fx/2012/01/03/bollinger-bands-trading-strategies/tag:news.google.com,2005:cluster=http://countingpips.com/fx/2012/01/03/bollinger-bands-trading-strategies/Tue, 03 Jan 2012 15:37:20 GMT”>Forex Links

If you use article marketing, no doubt you are familiar with all the usual tools. Unless you want to spend hours manually editing your jet spinner syntax, you’ve had little choice until this point, so it is Time to introduce you to a new and smarter way to spin. You’ve doubtless guessed that I mean spinrobot of course, so here’s the link . The net’s best The web’s best article spinning software . You can try it absolutely Free so do not hang around. It’s is so simple a child could use it. To help you realise how wonderful spinrobot is, the free trial includes several credits to instantly spin your content for you. Copy your article into the text box and click one button. Each other spinner on the market ruins your text if you auto-spin – Spinrobot doesn’t! . You may expect a ban if you use any spinner apart from Spinrobot – it is the only 1 that the search websites can’t note. Most spinner are now out of date, too, and don’t support the latest jetspinner enhancements. The footprint left by other content rewriters is huge – each search website nowadays can find and trap your inadequately spun content, which explains why you MUST use Spinrobot! . Spinrobot does, and as an Internet system, is consistently being updated. Other content rewriters can’t instantly spin your text – they generate garbage as the designers didn’t understand English. Spinrobot also is different from all of the rewriters in one crucial respect – there are no evil curled brackets and hard-to-read characters to puzzle you and make it hard to determine if the rewritten version is basically a viable block of syntax. At Spinrobot, English experts consult on how to process the language meaning you get perfect grammar, ever time. There isn’t any monthly subscription to Spinrobot, just an once per year low membership charge that gets you unlimited access to the system,and Fifty autospins for free also. You can try Spinrobot absolutely free, and if you don’t want to use it, it will not cost you a penny. One final question folk regularly ask – How good is it? This complete message has been rewritten by Spinrobot. We guarantee you’ll like it of course! . content spinning software .

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/Sell signals. please be fully informed regarding the risks and costs associated with Trading the financial Markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. all CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

<a href="http://www.forexpros.com/analysis/week-in-review-part-i:-europe,-washington-and-wall-street-110137tag:news.google.com,2005:cluster=http://www.forexpros.com/analysis/week-in-review-part-i:-europe,-washington-and-wall-street-110137Mon, 02 Jan 2012 13:15:21 GMT”>Error 404: Page Not Found