Numbers of Note ; $286 Billion: India's Current Foreign Exchange Reserves, Which Are Much Above Optimal Levels. Forex Accumulation has Reduced External Vulnerabilities and Decreased the Risk of Financial Contagion, According to a Recent Imf Study

Business Today › September 22, 2008

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Summary

$286 billion: India's current foreign exchange reserves, which are much above optimal levels. Forex accumulation has reduced external vulnerabilities and decreased the risk of financial contagion, according to a recent IMF study

Rs 3,300 crore: The amount Infosys Technologies will pay to acquire the UK-based Axon Group, a SAP consulting company, in an all- cash deal, which is also the largest overseas acquisition by an Indian IT company

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Numbers of Note ; $286 Billion: India's Current Foreign Exchange Reserves, Which Are Much Above Optimal Levels. Forex Accumulation has Reduced External Vulnerabilities and Decreased the Risk of Financial Contagion, According to a Recent Imf Study

$238 million (Rs 1,023.4 crore): Investments made by venture firms ...

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