The falling rupee has come a cropper for BPO firm Firstsource as it creates cash reserves for an eventual buyback of its foreign currency convertible bonds. The company has $237-million FCCBs coming up for redemption in December 2012.
The falling rupee has come a cropper for BPO firm Firstsource as it creates cash reserves for an eventual buyback of its foreign currency convertible bonds. The company has $237-million FCCBs coming up for redemption in December 2012.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 17 2012 | 12:50 AM IST