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Not many AI startups worthy of investment
Despite continued funding for AI startups in India, their potential RoI might be lower than expected
Small deals help mid-tier IT cos shrug off slowdown
IT firms like Coforge, Persistent Systems, KPIT Tech and Mphasis may sustain revenue growth trajectories
Funding winter continue to haunt startups in 2023
Fund managers forecast capital flow revival by end of 2023 when global economy is expected to somewhat overcome the challenges arising from high...
Global slowdown hits outsource spend hard
Majority technology outsourcing contracts get renewed in Dec; Annual contract value (ACV) for the combined global market in Sept qtr fell 3% to $23.2...
Aggressive hiring hits staff utilisation in IT
More pressure on IT firms’ operating margin, which has been under stress owing to cross currency headwind, wage cost and travel expenses
IT cos' margins likely to be under pressure
Despite rupee fall, factors like attrition, net hiring, commentary on demand environment and deal pipeline will influence net profits of IT cos ; TCS...
Re fall a breather for IT cos
Home currency against greenback breaches 78 mark; Depreciation of Re1 adds 30bps to operating margins of IT firms
Fund crunch may haunt startups
Fund houses turn cautious over inflationary environment, geo-political turmoil and tightening policy rates across the globe