November 5, 2024

indian it services companies

US Election 2024 | Second term for Trump likely to have limited negative impact on Indian IT sector: Report | Stock Market News

US Election 2024 | Second term for Trump likely to have limited negative impact on Indian IT sector: Report | Stock Market News

TheSpuzz Desk05 mins

Source: Live Mint The US President holds substantial authority over immigration, making the outcome of the upcoming US presidential election crucial for the future of employment-based immigration policies. During his first term, former President Trump enacted Executive Order 13788, “Buy American and Hire American,” which increased restrictions on H-1B visas and led to a notable…

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IT services to report profit margin at 22% in FY25; Coforge, LTIMindtree up 4-5% | Stock Market News

IT services to report profit margin at 22% in FY25; Coforge, LTIMindtree up 4-5% | Stock Market News

TheSpuzz Desk010 mins

Source: Live Mint Information technology (IT) services companies will likely report muted revenue growth at four to six per cent in the current fiscal year 2024-25 (FY25) for a second consecutive year. Despite the challenges, domestic credit rating agency ICRA projects the sector’s operating profit margin (OPM) to remain healthy at ~22 per cent in…

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