IT industry to grow by 2.3% in FY21 despite dip in tech spends: Nasscom
NEW DELHI: The Indian IT industry revenues are set to grow by 2.3 per cent to USD 194 billion in FY2020-21 and the exports will go up by 1.9 per cent to USD 150 billion, industry lobby Nasscom said on Monday. The industry remained a net hirer in the fiscal year, which saw a major […]
Flat or negative growth for IT sector in 2020 due to Covid-19: Infosys CFO
NEW DELHI: India’s information technology sector is expected to post either flat or negative growth in 2020 due to the impact of the Coronavirus pandemic globally, an IT industry veteran said on Saturday. “Look at the economic activity (globally). Worse than what you have seen in 2008 (global financial crisis). So, clients (of Indian IT […]