Tag: PROFITABILITY
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IT Companies Report Recovery in BFSI Spending and Growth Trends
– Indian IT providers signal a recovery in BFSI and North America markets. – Firms like Infosys, HCLTech, and Wipro have increased their guidance. – Manufacturing in Europe remains weak. – Aggregate growth of major companies stands at 3.8% YoY in constant currency. Key Highlights – Major Indian IT service providers display signs of recovery…