India’s top IT firms report healthy deal wins, but phased execution and AI-led outcome-based pricing are delaying revenue conversion and pressuring margins.

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…

Infosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue growth in dollar terms. AI-driven…