Revenue growth of IT companies to decline in FY21, banks may overtake, says Nirmal Bang
Updated : November 22, 2019 08:51 AM IST
The latest report by Nirmal Bang noted that the growth of Tier 1 IT companies has decreased further in the second quarter of FY20.
The aggregate growth for Q2 was at 9.1 percent on a constant currency basis as against 9.7 percent year-on-year, the brokerage said.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more