Nirmal Bang: Indian IT Services Seeing A Bolder, Riskier Phase In Large Deals
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Over the last few days and months, we have had a number of large deals announced by tier-I Indian IT services players.
Interestingly many of these deals are with Europe centric organisations.
We could be at the cusp of many such deals over the next 12-18 months as customers accelerate and compress their digital transformations due to the impact the pandemic has had on their businesses.
Many such transformations involve transfer of customers’ internal IT teams as well as infrastructure (both of which may be legacy in our view).
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.