Information technology news, IT industry News, Latest News Indian Computer Technology industry, BPOs, outsourcing news
Info Tech
Nasscom cuts IT export growth forecast to 8-10 pc for 2016-17

Global uncertainties like Brexit, post US election dynamics, currency volatility and slowdown in BFSI discretionary spend are all impacting growth, Nasscom President R Chandrashekhar said, adding that the short-term political and economic uncertainties could last over the next two quarters.

 
 
IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore in the September quarter of financial year 2016.
HCL Tech's revenues for the reported quarter were up 15.9 per cent to Rs 11,336 crore, from Rs 9,777 crore in the year-ago period, as per US GAAP accounting norms.
Advertisement