Funding environment for digital push remains strong, says TCS chief executive

FILE PHOTO: Tata Consultancy Services (TCS) Chief Executive Officer Rajesh Gopinathan attends a news conference announcing the company's quarterly results in Mumbai, India, January 10, 2019. REUTERS/Francis Mascarenhas

BENGALURU (Reuters) - Funding commitments for digital push remain intact despite a challenging macro-economic environment, the chief executive of India's No. 1 information technology service provider Tata Consultancy Services Ltd said on Monday.

After reporting quarterly results last week, India's IT service providers indicated that companies that were splurging top dollar during the pandemic have turned cautious in regions such as Europe and the United States.