Employees walk past a water feature at Building 44 of the Infosys Ltd. campus in the Electronics City information technology hub in Bengaluru, India (Photographer: Karen Dias/Bloomberg)
What a comeback. Barely two years ago market and tech pundits were writing off the Indian information technology services sector. Aggregate revenue growth of the top five companies had dropped to single digits and by the first quarter of financial year 2017-18 had troughed to 5 percent.Compare that with the quarter gone by. In which the total revenue of India’s five largest listed information technology companies grew at its fastest ...