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In an exclusive interview to ET NOW, Jalona said that the IT company has closed 2 large deals of about USD 280 mn in Q3. He added that the company has announced the largest deal ever in December 2020 with Injazat, this will contribute revenues in the technology vertical. Another deal of USD 75 mn Net new TCV is in the area of Oil & gas vertical which will start contributing to revenues in the next two quarters. In terms of performance of verticals, Jalona said, Oil & gas vertical was impacted due to volatility in crude prices and covid impact. They are cautious of customer spends in the oil ...

MUMBAI: The better-than-expected December quarter earnings performance by index heavyweight Infosys and Wipro today may have set up the BSE Sensex index for a dash to move above the psychologically crucial level of 50,000 points on Thursday. Infosys earlier today surprised investors by announcing a higher-than-expected increase in its revenue growth guidance for 2020-21. The blockbuster earnings by the index heavyweight, which has a weight of over 9 per cent in the Sensex, will aid the BSE Sensex post strong gains on Thursday, said analysts. Similarly, Wipro reported strong earnings growth fo...