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According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.
The IT company’s CEO and MD says he is bullish on the medium to long-term growth of the sector even as the industry continues to reel from a slowdown
TCS in its Q3 FY24 results stated that its headcount has reduced for the second consecutive quarter by 5,680 employees in the October to December 2023 period.
India Business News: Experts predict a revival in India's information technology (IT) sector in the next fiscal year, despite lackluster performance from the country's top
New Delhi, Jan 15 (PTI) The exports of computer software and services, including IT enabled services and BPO, logged 12.2 per cent growth during 2022-23 to touch USD 193 billion, according to estimates by Electronics and Computer Software Export Promotion Council (ESC).