Business Standard

IT fortunes shifting to Indian shores as clients move to execution stage

Infosys saw $1.57-billion large deal wins across 14 clients with 30% net new TCV

IT sector
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Romita Majumdar Mumbai
The last quarter of 2018 saw a shift in the fortunes of global and Indian information technology (IT) service companies. The former reported slower growth; domestic majors TCS and Infosys reporting a strong deal momentum was driving their revenues and outlook.
 
This is true of a general shift, say analysts, as digital projects move from a consulting phase to actual implementation, where Indian players have a clear pricing advantage.
 
In the September-November quarter, Accenture’s consulting bookings remained flat at $5.9 billion; its total of order bookings at close to $10.2 billion was down two per cent from the

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