September 29, 2026
Business

India’s top IT firms face FY26 test amid slow growth, AI deflation and visa pain(Soban News)

The big five IT companies had their weakest year in recent memory in FY25, with two reporting revenue declines and overall growth not exceeding 4.5%. Much of this was because of fewer mega deals, low demand for IT work, and geopolitical tensions prompting clients to go slow on IT spending.

​The big five IT companies had their weakest year in recent memory in FY25, with two reporting revenue declines and overall growth not exceeding 4.5%. Much of this was because of fewer mega deals, low demand for IT work, and geopolitical tensions prompting clients to go slow on IT spending. by Soban News (international And National News)

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