Wed, Apr 24, 2024
Indian IT services sector: The report identifies automation and cost optimisation as focal points for IT spending, with most end-user industries likely to defer large discretionary expenditures. The top four sectors contributing to 65 per cent of the sector's revenue include banking, financial services, and insurance (BFSI), retail, technology, and communications and media.
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Mon, Mar 18, 2024
Despite expectations of modest revenue growth, credit rating agency ICRA maintained its stable outlook on the Indian IT services industry, “led by a well-established business position, expectations of healthy earnings and cash flow generation, and strong balance sheets of the industry players.”
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