‘Digitisation push to see IT firms log 9-12% dollar revenue growth’
The Hindu
ICRA forecasts industry growth to moderate marginally to 6-9% in FY23
IT services companies are expected to log dollar revenue growth of 9-12% in FY22, driven by accelerated demand for digital technologies from enterprises globally and partly on account of last year’s low base due to the COVID-19 impact, ratings agency ICRA said.
Industry growth is expected to moderate marginally to 6-9% in FY23, partly also on account of the base effect, ICRA said on Tuesday.
“In line with the growth trajectory witnessed over recent quarters, Indian IT services companies are expected to report healthy growth over the near term due to aforementioned favourable factors,” ICRA Assistant Vice-President and Sector Head Deepak Jotwani said.
Tamil Nadu government ministers stand firm against Hindi imposition and demand rightful share of funds.
Stampedes at religious events in India have caused hundreds of deaths over the years, highlighting safety concerns.
RSS chief Mohan Bhagwat urges people to understand the organisation's goal of uniting Hindu society, emphasizing close contact over distance.
Madurai Reader’s Mail
Congress accused Himanta Biswa Sarma of indulging in an “atrocious smear campaign” against Gaurav Gogoi.
Historic one-day Assembly session in Kokrajhar symbolizes peace and integration, a major highlight of Chief Minister Sarma's tenure.
The debate on reservation in judicial appointments for diversity and representation in the Supreme Court and High Courts.
Boosting business confidence, India and U.S. aim to double commerce to $500 billion by 2030 through bilateral trade agreement.
Actors Vikrant Massey and Bhumi Pednekar advise students to focus on life skills, not just exams, during PM's Pariksha Pe Charcha.
Two Rajpura youths deported from the U.S. arrested for murder upon landing at Amritsar airport.
Fatal accident on Purvanchal Expressway in Barabanki; tempo-traveller collides with bus, leaving 4 dead and 6 injured.
Vizianagaram district installs CC cameras on State Highways to reduce accidents, identify vehicles, and promote road safety.
Andhra Pradesh CM N. Chandrababu Naidu mourns the death of film producer and actor Krishna Veni, honoring her contributions.