IBM India Profit Falls, Tax Woes Continue – Livemint | In The News

“The fundamental problem for IBM is that globally they are the largest service provider, (but) the market is maturing—many of the strategies that got them where they were have now been emulated. They have a very strong position in the Indian market, but others are attacking them— so it’s going to be very hard for them to grow fast in India now,” said Peter Bendor-Samuel, chief executive of outsourcing consulting firm Everest Group. Read more.

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