While moderation was expected due to the quarter's typical seasonal downturn, the absence of mega-deal announcements and the trend of lengthier deal durations have raised concern. Only Infosys Ltd reported a mega deal among the sector large-caps in the last quarter. The slowing of decision-making at IT companies, highlighted by management in the industry, has delayed deals and subdued bookings. "Ex-Infosys, last tweIve month deal flow growth was 5-18% year-on-year (y-o-y) with Tech Mahindra down 41% y-o-y," said an Ambit Capital report.
Esta historia es de la edición February 19, 2024 de Mint Mumbai.
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India's economic performance is pretty robust on most counts
The economy's back on its high-growth path and fiscal consolidation is on track but our labour market remains a concern
We should be more receptive to paradigm-shifting ideas
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We need to invest in nature for the sake of humanity's future
Money must flow into what saves rather than harms biodiversity
Is gold worth its weight amid our demat assets?
It has been a buzzy buy in recent times, with its price soaring over the past year. Investors, however, are likely to be better served by going for intangible forms of this precious metal
The country needs to map its informal economy better
We need more accurate data on enterprises that play a major role in employing people
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