We are expecting our margins to be in the range of 16 to 17%, says...
LTTS boasts a robust pipeline, with bookings up by 50% compared to the same period last year. IT has secured several large deals, including multiple...
Widening mkt pie may add to TCS’ top line
IT major garnering more share of enterprise spend than peers; In Q1, TCS’ deal book stood at $8.3 bn
Cloud projects in IT set for GenAI boost
GenAI ikely to push demand for cloud, digital transformation, data analytics and cybersecurity solutions, while offsetting losses from existing...
India has a vast potential to become a drone hub by 2030, says Skye...
Skye Air sees rapid growth in the next 3 years as many enterprises are looking at leveraging drone technology for delivery of goods
IT cos not yet getting full-fledged GenAI projects
However, receiving GenAI projects relating to data standardisation; Enterprise use cases are still not available
Muted Q1 for IT firms more likely
No meaningful recovery seen in discretionary spending in June qtr
IT firms’ promoters cashing in on bull run
Indian promoters divested stakes worth `62,000 cr in H1/ 2024; It was highest in the last 5 yrs; Promoters raised `61,277 cr via stake sale in 2023
IT firms offer flexible pricing to stay afloat
Bargaining power over pricing fell substantially owing to low IT spending by clients