IT
Indian IT sees pockets of H2 recovery in US, EU as BFSI revs up
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India’s IT services exporters showed pockets of recovery in the second quarter in North America and Europe, with renewed momentum for the industry’s largest vertical – the banking, financial services and insurance (BFSI) sector.
This helped offset the lingering pressure from telecom, retail and automotive clients.
Healthy deal bookings, rise in headcount and protected margins signalled a stronger outlook for the second half of the ongoing fiscal year ending March 2026, showing a slow recovery from a prolonged global technology spending slump of…
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