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Alarming Bells Telecom vertical takes a beating, pulls down revenue growth of IT firms Tech M, which draws 37% of revenue from telecom...
During pre-Covid time, subcontracting cost used to be 7-8% of overall expenditure. It has increased to 11-12% now
Staff utilisation fell to multi-year lows owing to high intake of freshers; IT sector suffering from low demand
Though clients are going slow with projects and defer giving new projects, they are yet not insisting on price discounts from IT service providers
Combinedly UBS and Credit Suisse employ around 14,000 staffers in their technology captives in India
To do away with the current practice of limited period of campus recruitment followed by onboarding
Hiring sentiment in Indian IT industry is likely to improve from April onwards
$160-bn worth deals would fall due for renewal in Q1 of 2023; Indian IT services firms could corner a large share of these multi-year deals in...