SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
Will this change the IT landscape in India? What do you guys think?
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
I don't know if you are aware of the exchange rates last year. It was around 45 for a dollar compared to 40 a dollar this year means a drop in the profit rates for IT companies that are heavily dependent on the US market. So to offset this, the companies may resort to any means to maximize their profits...so from this context, I just wanted to know what will be the side effects to IT landscape in India?
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
India had a booming textile industry once which collapsed with the cheap textiles from the industralized world, it did so coz the industry did not see it coming and failed to adapt, if the indian it industry adapts they survive else they go bust.
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
So how are they going to adapt?? They surely will not compromise on the profit margins......
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
For now lets keep it to programming in Java. Let's not think out of the box...As a Java programmer, I would like to foresee where I would stand in India after 5 to 10 years from now.
Originally posted by Jothi Shankar Kumar Sankararaj:
As a Java programmer,
I would like to foresee where I would stand [...] after 5 to 10 years from now.
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
I guess you are not understanding what I really wanted to know. If you read "Times of India", there was a news today that said "IT recruitments are slowing down in India" and the reason they cite is the Rupee vs the Dollar game. So if this is going to continue what would happen to the Indian IT landscape???
As far as technology goes, everyone will definitely want to know the latest happenings...I'm very desperate in that. I've already switched from a different domain to this IT because of the reason that the opportunities are wide open. Such news when read or heard makes me think again why I came into this line...I don't regret or whatever but it brings in a sense of fear. That's all it.
Originally posted by Jothi Shankar Kumar Sankararaj:
John,
Did you mean by your post the work force in the us?? "The quality of our work force is also decreasing. "
search for TCS and bioinformatics and molecule patents if you want an example of IT thinking out of the box.
Thats the problem, when you tie yourself to technology and not knowledge, you are dead the moment technology changes.
If you read "Times of India", there was a news today
I've already switched from a different domain to this IT because of the reason that the opportunities are wide open. Such news when read or heard makes me think again why I came into this line...
quote
riginally posted by Jothi Shankar Kumar Sankararaj:
John,
Did you mean by your post the work force in the us?? "The quality of our work force is also decreasing. "
No, my reference is to the Indian IT workforce.
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
So what will companies do in such scenarios and what if this gets worsened???
So what will companies do in such scenarios and what if this gets worsened???
How did you conclude this?
Originally posted by Jothi Shankar Kumar Sankararaj:
So what will companies do in such scenarios and what if this gets worsened???
- Varun
They diversify their revenue sources. If only half the income were in USD, then it's unlikely the company would go under no matter how low the USD sank.
Or they try to get expenses down, but since the biggest chunk of those are likely to be salaries, that carries its own set of problems.
- Varun
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Varun Khanna:
On a side note- This topic looks more suitable for "Job Discussion" forum than for "Meaningless Drivel" ...
This looks a bit painful.
I want to be like marc
SCJP 1.4, SCWCD 1.4 - Hints for you, Certified Scrum Master
Did a rm -R / to find out that I lost my entire Linux installation!
Originally posted by Jothi Shankar Kumar Sankararaj:
So to add on...today's paper "Times of India" listed the top 10 richest in India and it also said that among this top 10, was one of the IT giant and this one IT giant is the one among this 10 to have faced a decline in wealth and again the reason the quote is because of this $ vs Rs game.
[ flickr ]
[ flickr ]
Originally posted by Sameer Jamal:
but what can RBI do to keep Rupee cheaper
Buy more and more $
[ flickr ]
Originally posted by Ashok Mash:
Not overlooking the discussion so far or anything, but is it a case of Rupee getting stronger, or is it actually Dollar thats getting weaker?
Originally posted by Ashok Mash:
Not overlooking the discussion so far or anything, but is it a case of Rupee getting stronger, or is it actually Dollar thats getting weaker?
Now I know nothing at all about how money markets work, but what can RBI do to keep Rupee cheaper, other than reducing the interest rate, may be? Does this work like a normal market? Can they make Rupee cheaper by pumping a few hundred billions of it into the market - basic supply vs demand thing? And if RBI want to do that, would they not need to acquire it in the first place, and that kinda defeats the purpose, right?
- Varun
Originally posted by Ashok Mash:
Well, I guess that partly answers my question, but not fully. How would RBI pay for it? Would they pay for it by taking rupee out of the market, or do they release some other sort of wealth to buy dollars? Gold? Bonds?
- Varun
I love a good mentalist. And so does this tiny ad:
Smokeless wood heat with a rocket mass heater
https://woodheat.net
|