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IT growth under pressure amid delayed deal ramp-ups - The Economic Times
Ratings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY28. The June quarter earnings of five of the top six large IT services companies reflect some of the key challenges faced by the industry.
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IT growth under pressure amid delayed deal ramp-ups - The Economic Times
Ratings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY28. The June quarter earnings of five of…
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India's IT giants grapple with weak growth despite resilient deal momentum
Infosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue growth in dollar terms. AI-driven…