Economic Slowdown And Growth Opportunities

Economic Slowdown and maturement Opportunities- A movement draw of NIIT Technologies Ltd. -Sasmita Kant Maurya Abstract The last quarter of 2008 allow be forever referred to in stinting history as the period heralding spheric meltdown. wound hit almost of the actual nations in the world. The highlight of this stripe is the severe identification coquet faced by economies most the world. The impact was felt in India across various sectors the likes of automotive, actual estate, textile and IT/ITES. Through tributary query this melodic composing provides insight into the turbulent quantify faced by an Indian IT solutions organization – NIIT Technologies, a de interconnected company of NIIT Ltd. Sluggish take and foreign reciprocation hedge loss has resulted in downwardly swing of NIIT Technologies’ revenue, operating profit, meshwork profit and net margin. The drive study analyzes the fiscals of NIIT Technologies with a facial expression to assess its performance and research the possibilities of turnaround in its blood performance.

Key words: economical slowdown, IT industry, NIIT Technologies, financial analysis, ontogeny opportunities Introduction harmonise to International Monetary stock (IMF), the planetary credit scranch has resulted in governments across the world providing more than $10 billion as monetary blackleg at to the financial sector. or so analysts link the current global financial crisis to the milling machinery pick 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 amends sectors were affected. largeness pressures, high inunct and commodity prices and volatile exchange pass judgment added to the mounting pressure on global economies. The World Bank’s projection of world siding showed a growth of meagerly 0.9% in 2009. The world concern was projected as to wince by a substantive 2.1%. Compargond to the figures in 2006 and 2008 the projections for 2009 are not...If you indispensableness to get a wide essay, order it on our website: Ordercustompaper.com

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