Web Analytics Business News This Week Indian Companies suffer loss due to global slowdown | Business News This Week

Jan 5, 2009

Indian Companies suffer loss due to global slowdown

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Indian companies have been suffering huge loss due the terror attacks and economic slowdown. The terror strikes in Mumbai but the impact on the entire nation. The economic slowdown in India, has another factor that brought a tough time for Indian companies. Even the New Year celebration by the companies reportedly held in fade mood.

Many companies have been adopting the cost cutting measures and would not be interested in the huge expenditures. It is the impact of the globalization and would remain until the global slowdown abolished from the globe.

The companies have been adopting the cost cut measures in order to protect themselves from the impact of the domestic and global slowdown. The stock market has been suffered the loss with listed companies shares. The year 2008 was full to turmoil for the stock market as well as for companies listed in, probably the bitter impact of globalization was seen ever for the first time.

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