On an end-of-era day for the Tata Group, Tata Consultancy Services gears up to report its earnings.
“From a discretionary demand point of view, the size and shape of that discretionary spend (itself) is changing,” Yugal Joshi, Partner at Everest Group, said in a recent interview with Forbes India. A lot of that discretionary spend is getting bundled into the run-the-business expenditure or into budgets for services managed by providers like the IT companies.
“So then tracking that discretionary spend may itself become a bit of a challenge,” Joshi adds.
Read more at: Forbes India
