Well rupee rise might have some impact of companies that export but its equally good for imports.Currently we import fuel, Food items including wheat etc.
Poor people of our country cant even enjoy things that grow locally here for eg. Alpanso mangoes. All growers want to export and get more money. Now things will be a bit more balanced.
Brain power in India, which use to move overseas for more money... will be resticted because conversion factor is lower now. less money more pain... no gain
Sortware companies now want to work 6 days a week because they posted millions in profit last year and want billions this time. They dont even think of people. I dont think even after this rise.. they would be in any loss.
Lets enjoy this new rise.. but I hope this will remain at this point of 40INR for 1 USD.