Rising IT deal flow bodes well for FY15

The new financial year seems promising for the Indian information technology (IT) services sector. For the first time since 2008, the March quarter of this year saw the sector signing 10 contracts......

TCS scrip falls: Investors lose Rs 16,000 cr

Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak......

How Indian IT firms can ensure sustained growth

India's leading information technology services providers, while scrambling to win new, large deals, may be losing out on the existing client base, according to analysts.Infosys and Wipro have seen......

Rupee depreciation positive for IT sector

The depreciating rupee to the dollar will have a positive impact of at least three per cent on Indian revenue for the top four Indian information technology services company, said analyst. Every......