Since 2014, Infosys has had a bad deal sealing spell, and just seems unable to close mega business deals. Meanwhile, its competitors have marched ahead. That's why, the company is now looking for someone who can help it seal deals worth $100mn+. Think you've got it in you? Well, Infosys is waiting.
Indian benchmark indices BSE Sensex and NSE's Nifty 50 halted their record run and traded lower on Tuesday ahead of the Reserve Bank of India's monetary policy decision tomorrow.
The projection by Nasscom that Indian IT exports would grow 7-8 per cent in the current fiscal is realistic and reasonable and reflects the current global business environment, say senior figures in the sector.
The numbers put out by the industry body are very realistic because the global IT spending is not going up this year and there are political uncertainties in the US and parts of Europe, two key markets of Indian firms, said T V Mohandas Pai, the former Chief Financial Officer (CFO) of Infosys.