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The Boom Times Are Just Beginning For India’s Media But For Those Thinking Of Outsourcing, Beware – Salaries Are Skyrocketing And Inflation Is Soaring
Philip Stone February 26, 2007
The reaction by Hutchison Telecom shareholders to the company’s sale of Hutchison Essar, its mobile business in India, for a $9.6 billion profit tells the story of India’s media today. Most analysts agree Hutchison received a premium price yet its shares fell 15% on the Hong Kong market on news it was out of India.
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