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About 2 results for "ashwin mehta"

IT majors face multiple margin issues
Rediff.com

IT majors face multiple margin issues

Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year Illustration: Dominic Xavier/Rediff.com Amid slowing growth and rising protectionism in the key market of America, Indian information technology (IT) companies are facing multiple margin headwinds for the next one year, at least. Operating margins of most IT companies are closer to their historical lows. The sector has been grappling with structural and cyclical growth issues in recent times. These ... Rediff.com, 6 days ago

It pours for IT stocks

Information technology stocks fell yet more on Thursday on the lingering negative outlook on the sector and the downgrading of Tata Consultancy Services (TCS) by a foreign brokerage. Shares of TCS, India’s most valued company, fell more than 3.5 per cent on ...
 The Financial Chronicle1 week ago
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