The Great Indian Crash!!

Indian Markets Crashed 1,400 Points with the benchmark BSC SENSEX falling to its lowest levels since last 6 months. A combine loss of more than 3000 points in two sessions. All the blue chip scripts in red can be taken as a positive sign of just a market recovery or a negative sign of horrors of FII investments?

Indian IT Scenario

Here everywhere IT Companies in India are doing specific "Coolie" work for firms abroad. Specialization in Business process outsourcing and other service related work, these companies cannot be called as true IT firms with recognized IT Brands. Even companies like Infosys and TCS have majority of their revenues from BPO related work rather than doing hardcore product sales.

Indian Rupee Pressure

Indian Rupee is growing at a frantic rate and is scheduled to hit Rs 35 to $ in next 5 years again!!!