India's second-largest IT services company Infosys had cut its guidance twice for the current financial year. It has, however, increased the lower band of the revenue growth guidance from 8 per cent to 8.4 per cent after better utilisation and growth in platform-based services.
In addition, a likely improvement in the US economy would encourage banks there to focus on innovation and investment in technology. In fact, considering Donald Trump's entrepreneurial track record, the company believes the new administration would turn out to be a business-friendly one in the US, a market that contributes 62