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View Full Version : Billionaire Godrej Sees Growth in India With Real Estate: Retail - Bloomberg



NewsWhore
05-13-2012, 03:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEN93e5hWKRRocT9VGAep_E9cNvfQ&url=http://www.bloomberg.com/news/2012-05-13/billionaire-godrej-sees-growth-in-india-with-real-estate-retail.html)


Billionaire Godrej Sees Growth in India With Real Estate: Retail (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEN93e5hWKRRocT9VGAep_E9cNvfQ&url=http://www.bloomberg.com/news/2012-05-13/billionaire-godrej-sees-growth-in-india-with-real-estate-retail.html)
Bloomberg
The currency dropped to a record low of 54.30 per dollar in December. “Usually the earning potential of our acquisitions in the developing world are dollar based,” Godrej said. “So if the rupee depreciates, the earnings also go up in rupee terms.

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