Infosys management tepid revenues: Higher exposure to digital business led to tepid revenues: Infosys management
Indian IT major Infosys has reasoned higher exposure to digital business as the key reason for the moderate growth in revenue over the nine-month period ending December in the current fiscal year, as per a research note by Nomura Holdings.“Infosys management believes its higher exposure to discretionary work (digital business, which formed ~65% of revenue) has been a key reason behind tepid revenue growth in the current environment,” said a Global Markets Research report on Infosys by Nomura.Elevate Your Tech Prowess with…