Indian IT leaders TCS and Infosys confident on digital services growth


FILE PHOTO: A man walks past a billboard of Infosys Technologies Ltd's office in Bangalore, capital of the southern state of Karnataka, October 10, 2003. REUTERS/Jagadeesh NV KK/FA

BENGALURU (Reuters) -Infosys raised its revenue forecast and Tata Consultancy Services (TCS) predicted robust demand on Wednesday as the Indian IT giants said they expect tech spending to continue, particularly for digital services such as the cloud.

Often seen as a bellwether for India's more than $190 billion software services industry, Infosys said large deal wins worth $2.53 billion in the three months to the end of December had boosted its confidence.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Tech News

Cybersecurity agency warns that US water utilities are vulnerable to hackers after Pennsylvania attack
CelcomDigi introduces new 5G postpaid plans, but with speed caps
China sells quantum chips to Middle East and Western countries in show of growing influence in sector
Elon Musk says Neuralink has never caused the death of a monkey
Love cover: China couple sue insurance firm for refusing to honour policy with RM6,500 payout for decision to live happily ever after
High school fires IT manager – then he launches cyberattack on its network, US feds say
Meta Platforms' paid ad-free service is targeted in EU consumer groups' complaint
Fraudsters target individuals with fake Ninja Van delivery notifications in email phishing scam in Singapore
Eminem in Fortnite? Check out his live in-game performance on Dec 3
India's Tata Technologies soars 180% in debut trade, valued at nearly $7 billion

Others Also Read