Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for Indias $245 billion-plus IT services sector next year.
India Business News: After more than a year of slowing sales, India’s software services companies that power corporations ranging from global banks to retailers to planema.
Indian tech earnings may indicate worst is over for showpiece sector business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
IT Earnings: Executives from TCS and Infosys told investors after third-quarter earnings that the market had stabilized and clients were spending on AI-driven projects and software services that helped them cut costs.