IT has been the lone warrior for the bulls off late. Could things for the sector gets better from hereon. In an interview to CNBC-TV18, CP Gurnani, MD & CEO of Tech Mahindra, Farid Kazani, MD of Majesco and Apurva Prasad, Research Analyst-IT at HDFC Securities spoke at length about the sector.
"The joint IBM and Majesco offering is going to provide a secured global incubator for insurance companies to rapidly develop and launch cognitive products and services on the cloud for its clients", Farid Kazani, MD of Majesco told CNBC-Tv18.
Majesco‘s board has approved the company‘s plan to raise Rs 250 crore via Qualified Institutional Placement (QIP) route.