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Indian IT firms may see muted Q4 numbers, outlook remains subdued

Indian IT companies are expected to put in a modest performance for Q4 FY23 given the macro-economic challenges and outlook for FY24 remains muted.

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Global Economic Slow Down: Indian IT Sector Hiring Expected To Go Down By 50 Per Cent

Global Economic Slow Down: Indian IT Sector Hiring Expected To Go Down By 50 Per Cent
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Accenture to fire 19,000 employees: Key takeaways for Indian IT firms

With a slowing growth outlook, layoffs from global tech and weaker funding for Indian tech startups, we expect attrition to continue to fall providing tailwinds to margins for Indian IT companies, said Nomura India.

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Why global headwinds will hurt Tier-II IT cos more

Even in the difficult environment, tier-II IT services companies might outpace their larger peers in growth due to their lower base. However, they don t enjoy some of the benefits that accrue from size, which could hurt them during a slowdown.

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Major IT giants revoke offer letters in India as recession scare looms

In August, India s inflation hit 7 percent, continuing an eight-month streak exceeding the central bank s tolerance targets

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