After witnessing a hazy macro environment for five straight quarters, India-centric IT services firms saw green shoots in the first quarter of this fiscal. While experts were still uncertain about the continuity of tech spending, Q2 (July to September) earnings belied the doubts of the naysayers.

Peter Bendor- Samuel, CEO of Everest Group, said that the BFSI sector is witnessing a rebound following the post-COVID slump. “BFSI typically leads other industry segments, so this is an encouraging sign for the rest of the IT industry,” he said.

Read more at: The Economic Times

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