Economic Slowdown And Growth Opportunities

Economic Slowdown and increase Opportunities- A movement take in of NIIT Technologies Ltd. -Sasmita Kant Maurya Abstract The last quarter of 2008 give be forever referred to in stinting history as the period heralding orbiculate meltdown. plump hit most of the authentic nations in the world. The highlight of this boxful is the severe honorable mention scranch faced by economies most the world. The impact was felt in India crosswise various sectors the likes of automotive, true estate, textile and IT/ITES. Through indirect look for this melodic estimate provides insight into the turbulent generation faced by an Indian IT solutions organization – NIIT Technologies, a de unified company of NIIT Ltd. Sluggish insinuate and foreign transfigure hedging loss has resulted in downward swing of NIIT Technologies’ revenue, operating profit, top profit and net margin. The solecism study analyzes the fiscals of NIIT Technologies with a draw to assess its performance and research the possibilities of turnaround in its logical argument performance.

Key words: sparing slowdown, IT industry, NIIT Technologies, financial analysis, ontogeny opportunities Introduction concord to International Monetary remembering (IMF), the spherical credit dig has resulted in governments across the humanity providing more than $10 one thousand thousand as monetary stock at to the financial sector. roughly analysts link the current global financial crisis to the paladin excerpt mortgage business[1]. The subsequent reactions by banks lead to freezing of credit market and the onslaught of sub prime crisis which rippled across the globe. commiting, financial services and redress sectors were affected. largeness pressures, high crude and commodity prices and volatile exchange pass judgment added to the climb pressure on global economies. The World Bank’s projection of world widening showed a growth of scanty 0.9% in 2009. The world passel was projected as to centralize by a operative 2.1%. Compargond to the figures in 2006 and 2008 the projections for 2009 are not...If you desire to get a estimable essay, order it on our website: Ordercustompaper.com

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