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Top line pressure continues for IT cos in Q4
Mid-caps expected to post a sequential revenue growth of 1-5%, large-caps likely to post -2% to +2%rise or decline in their top lines; TCS will...
It’s too early to expect GenAI-led revenues
Generative AI, since its advent, has seen aggressive investments from Indian IT firms
IT cos in margin enhancing drive
Most Indian IT firms were able to maintain or improve their operating margins in Q2 on the back of reducing the employee count
IT cos settle for short-term deals
Less revenue addition in 2024 as annual contract value (ACV) remained significantly lower for most IT firms despite winning several large deals
Indian IT industry rocked by CXO-level shockers in 2023
IT services industry seems to be in a position of constant churn. Post-Covid, the phenomenon was related to IT engineers, who quit in droves for...
‘Technology consulting has a lot of growth upside in coming years’
TreadBinary sees rapid growth and expects to triple revenue in FY24
Sluggish US mkt keeps BFSI biz under pressure
Banking, financial services and insurance vertical, which contributes maximum share to most IT firms’ top line, may not see much revival in the US and...
Declining 5G spend signals degrowth for IT firms
Alarming Bells Telecom vertical takes a beating, pulls down revenue growth of IT firms Tech M, which draws 37% of revenue from telecom...
