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LTIMindtree facing merger headwinds
Integration task hits bumpy road due to several senior level exits, lack of revenue synergy
Lower top line growth likely for IT cos in Q2
Demand outlook, hiring, deal flow in focus as IT results season begins next week; Investors assumed FY24 is a washout and shifted focus to FY25,...
IT consulting biz feeling heat of lower spend now
Discretionary spend likely to remain subdued, putting pressure on digital deal flows
Midsize IT cos in a fix as deals hit slow lane
Fall in total contract value doesn’t augur well for coming quarters along with the next fiscal year
IT firms look to cut reliance on subcons
During pre-Covid time, subcontracting cost used to be 7-8% of overall expenditure. It has increased to 11-12% now
Can new CEO Ravi bring Cognizant back on track?
Board of Cognizant seems to have less tolerance to underperformance after bearing it in previous years; Hence, the new CEO has to deliver and deliver...
Will global recession impact India or not?
Recession will impact on multiple sectors
IT firms in spin-off mode for right valuations
IT firms setting up high growth subsidiaries housing digital side of business or products as offshoot business entities, if they are not getting right...