Macroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, which reported flat sequential growth and a 13.9% rise on year in rupee terms. India's largest software services firm expects the second quarter to be better with some stressed sectors returning to positivity and a growing AI deal pipeline of $2.6 billion, chief executive K Krithivasan and chief operating officer Aarthi Subramanian told Himanshi Lohchab in an interview. Edited excerpts:

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