India Inc mops up $2.7 bn via ECBs

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Agencies: New Delhi , Nov 07 2012, 20:33 IST
cent of the of the highest forex earnings in any of those three years, whichever is higher.

If the Indian firms manage the ECBs well through a proper hedging and professional risk management methods, India Inc can make a good use of this source, Assocham said adding that these inflows would be good even for the rupee value.

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