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Despite a few companies like Happiest Minds and Mphasis missing estimates due to wage hikes and sustained pressure on the BFSI segment, analysts see the midcap segment continuing to end the fiscal on a strong note.
L&T CFO talks about how Mumbai infrastructure is stretched and it can't be the panacea to “every empty stomach”. There is need to shift jobs elsewhere too, he says.
New-age fintech infra companies are gaining the spotlight as the venture industry seeks out more predictable business models in a fraught market. This and more in todays ETtech Morning Dispatch.
India’s share in the global ER&D sourcing market is expected to increase more than three-fold by 2030, says LTTS CEO
In an interview with BT TV, L&T CFO R Shankar Raman also spoke about the firm's foray into semiconductor chip design