Tag: TECHM
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Growth Projections for Tier-2 Tech Companies in FY25
Motilal Oswal forecasts tier-2 tech companies will outpace tier-1 firms in growth during 3QFY25 despite seasonal furloughs impacting the sector. Improved technology spending is expected in CY25, influenced by upcoming client budget finalizations. However, challenges such as wage hikes and furloughs may pressure margins for key players. LTIM is highlighted for its strong market position,…
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Tech Mahindra Aims to Expand BFSI Sector Revenue Under New CEO Mohit Joshi
India’s Tech Mahindra is focusing on expanding its banking, financial services, and insurance (BFSI) business to increase its revenue share from this segment from 16% to 25% by March 2027. New CEO Mohit Joshi emphasizes leveraging his banking background to diversify beyond telecom clients, while also highlighting the importance of generative artificial intelligence in enhancing…