Sector-specific Large Deals Return for Indian IT Services Companies | In the News

Last week, Tata Consultancy Services (TCS), the country’s largest IT services firm, announced an over US$723 million contract with Phoenix Group.

Nitish Mittal, Partner, Europe Technology Practice at Everest Group, commented upon the deal. “We see BFSI firms often taking significant measures in a recession or financial downturn to optimize costs.”

Read more in Financial Express.

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