• Corporate
• Markets
• Info-Tech
• Marketing
• Money & Banking
• Agri-Biz & Commodities
• Industry & Economy
• Logistics
• Government
• Opinion
• Variety
• Corporate Results
• Columns
• States
• Web Extras
• Index

• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

• Rates

• Ports

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Subscription

• Business Line

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Analysis/Interview/Book Review
No need to take any hedge against dollar, says CFO, 3i Infotech

MUMBAI: When asked about the impact of dollar weakness against the rupee, Mr. Amar Chintopanth, Executive Director and CFO, 3i Infotech replied that the company has a fairly even distribution of revenues and costs across geographies and currencies. Its b usiness from the US constitutes about 28% of the total business with the other geographies/currencies constituting the other 72%. There is therefore a natural hedge and hence we have not felt the need to take any hedging positions on the US dollar."

Prev: 'World's first nano-material based water filter'
Next: Long-term trend in the market continues to be up

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line