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Earnings will go up, but operational costs too: Mindtree

With the rupee's sharp depreciation, growth prospects for information technologies were viewed to be better than last quarter. Rostow Ravanan, co-founder and CEO of Mindtree clarifies that although the weak rupee would mean better revenues, operational costs may also go up. The currency’s fall also puts pressure on wages in the country due to the inflationary pressure, he told CNBC-TV18.