Expects demand to pick-up in Financial Services Sector in the current financial year
Tata Consultancy Services Ltd, India's biggest IT outsourcer, is seeing stability in its key financial services sector and expects demand to pick-up this financial year provided economic conditions do not deteriorate.
"From our financial services point of view while the full recovery has not happened, there is stability," Chief Operating Officer N. Chandrasekaran told the Reuters Global Technology Summit.
"If we can have continuous three months with no surprises then we can hope that things will be better from that time onwards," he added. The firm, which provides services such as consulting, system integration and runs call centres, counts Citigroup, General Electric, Lloyds TSB Group, General Motors and insurer AXA SA among its clients.
Source: The Economic Times
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