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IT firms expected to file muted Q3

Mumbai: India’s technology-services industry, with the world’s biggest by outsourcing market-share and number of employees, is expected to report moderate revenue growth in the seasonally soft December quarter amid increasing cautiousness among clients in the West, where accelerating debt costs and untamed inflation have shortened the odds on likely economic contraction.Analysts ET spoke to said…

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IT firms expected to file muted Q3

Mumbai: India’s technology-products and providers trade, with the enviornment’s greatest by outsourcing market-share and selection of workers, is anticipated to file moderate earnings increase within the seasonally tender December quarter amid rising cautiousness among prospects within the West, where accelerating debt costs and untamed inflation like shortened the percentages on seemingly financial contraction.Analysts ET spoke to stated they request firms to bring median earnings increase of 1-4% quarter-on-quarter (QoQ…
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