C Vijayakumar interview

As discretionary spending is getting depressed due to uncertainty in the market, India’s third largest software services firm, HCLTech, will in the short term chase deals driven by cost optimisation and vendor consolidation, says chief executive and managing director C Vijayakumar. There are also several opportunities emerging in the banking sector even as there are concerns over the balance sheets of some smaller banks, he tells ET’s Romita Majumdar & Surabhi Agarwal. Edited Excerpts:Your peers have called out an…