This case study examines foreign exchange risk management at Infosys Limited. The foreign exchange market is decentralized and the largest market in the world by trading volume, where international banks trade currencies. The study reviews literature on Infosys' foreign currency exposure through sales and purchases. Infosys is an Indian IT company that also has subsidiaries. The study compares Infosys' revenue growth to Tata Consultancy and Cognizant from 2011-2012 using images, finding that Cognizant had the highest growth until late 2011 when Tata surpassed it. The study also shows that Tata has a higher global ranking than the other companies.

1. CASE STUDY OF FOREIGHN
EXCHANGE
ROLL NO. 131-2014

2. WHAT IS FOREIGHN EXCHANGE MARKET
The foreign exchange market (forex, FX, or currency market) is a global
decentralized market for the trading of currencies. In terms of volume of
trading, it is by far the largest market in the world. The main participants in
this market are the larger international banks.

3. OBJECTIVES
• To study the working of the foreign exchange market
• To examine foreign exchange risk management at Infosys limited

4. RESEARCH METHODOLOGY
- The data received is all based on secondary data
LITREATURE REVIEW
- Fozia Mehtab found that The functional currency of the
company is the Indian Rupee, although it transacts a major
portion of its business In several currencies, and accordingly
faces foreign Currency exposure through its sales in the United
States And elsewhere, and purchases from overseas suppliers in
Various foreign currencies

5. COMPANYS’ PROFILE
• (Infosys or the company) along with its controlled trusts, majority owned and
controlled subsidiary, Infosys BPO Limited (Infosys BPO) and its wholly
owned and controlled subsidiaries, Infosys Technologies (Australia) Pvt
limited
• the name of the company was changed from “Infosys Technologies Limited” to
“Infosys Limited,” following approval of the name change by the company’s
board of directors, shareholders and the Indian regulatory authorities
• The company is a public limited company incorporated and domiciled in India
and has its registered office at Bangalore, Karnataka, India

6. INFOSYS VS TATA CONSULTANCY
VS COGNIZANT
As can be seen in the image from
January 2011 to June 2012 Infosys is
just above 20 in revenue growth while
cognizant is above the other two
companies till December 2011 and than
in January 2012 Tata consultancy takes
over cognizant from

7. INFOSYS GLOBAL RANAKING
As can be seen in the image TCS
company has higher global ranking than
the other companies

8. Bibliography
http://en.wikipedia.org/wiki/Foreign_exchange_market
http://govome2.inspsearch.com/search/web?fcoid=417&q=what%20i
s%20foreign%20exchange%20market
http://www.vsrdjournals.com/MBA/Issue/2013_04_April/Web/3_F
ozia_Mehtab_1653_Research_Article_VSRDIJBMR_April_2013.p
df
http://www.infosys.com/

9. Thank you