The information technology (IT) services sector in India is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains weak, noted in a report on India's IT services by Goldman Sachs.
The US decision to impose a USD 100,000 fee on new H1-B visas for foreign workers will snip just 10-20 basis points from the operating margins of Indian information technology (IT) services companies next fiscal, with the pass-through estimated at 30-70 per cent, as per a Crisil Intelligence
India Inc's revenue likely grew a modest 4-6 per cent year-on-year in the April-June quarter of this current fiscal, slowing from 7 per cent growth in the previous two quarters, due to sluggish performance by the power, coal, information technology (IT) services and steel sectors, which coll
Mumbai (Maharashtra) [India], October 4: Dev Information Technology Limited (Dev IT), (NSE - DEVIT, BSE - 543462), a global information technology (IT) services company providing a [Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services] has reached another
The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report.
Mumbai (Maharashtra) [India], July 8 (ANI): The 100 billion dollar information technology (IT) services sector will stage a strong recovery this fiscal with revenue growth of 10 to 11 per cent, according to Crisil Ratings.