Thursday, October 16, 2008

HCL TECHNOLOGIES TO HALVE FORWARD COVERS BY DEC

Posted by Archat | Thursday, October 16, 2008 |

New Delhi
The Economic Times

HCL Technologies Ltd will halve its forward covers by December, its executive vice president for finance said on Wednesday.

The software services firm has $1.9 billion worth of forward covers at Rs 41.06, Anil Chanana told a news conference, after releasing July-September quarter results.

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