March 31, 2025

Cost cutting by Elon Musk's DOGE may 'pain' TCS, Infosys, Wipro and other Big Indian IT companies as well; caution analysts

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India’s IT companies are expected to face a delayed recovery, with weak discretionary spending and global trade tensions impacting growth. Analysts predict a challenging fiscal 2026, with only modest revenue increases and competitive pressures arising from the early stages of AI adoption.

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