Sunday, July 5, 2026

IT services growth likely to stay soft in near term as clients delay discretionary spends: Equirus

India's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-driven transformations. Enterprises remain cautious with spending due to global uncertainties, funding AI through existing savings. While currency tailwinds and better margins are positive, revenue growth is likely to be capped in the near term. Analysts expect some guidance adjustments for the fiscal year.

from Tech-Economic Times https://ift.tt/jFP8GUM

No comments:

Post a Comment

Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco...