Som Mittal, President, NASSCOM believes that since the macro economic factors have not changed much since their February forecast, they would not be reviewing the forecast at present.
Yogesh Radke, Head-Quantative Research, Edelweiss Securities, Edelweiss, believes that in the Wipro demerger announcement, converting back its shares into the Wipro Ltd. is the best option.
Out performing some of biggest names in IT, Tata Consultancy Services (TCS) has emerged as the poster boy in the country. N Chandrasekaran, CEO, TCS, has been credited for transforming TCS – India‘s largest IT services company into an even bigger juggernaut.
Som Mittal, president, NASSCOM says he expects IT sector growth in double digits. "We had given a guidance that we will have a growth of 11-14 percent this year. Our review, after six months, is that we will still be in double digits. We will still be in double digits and probably closer to the lower end of our guidance, 11 percent," he adds.
Sudin Apte of Offshore Insights and Partha Iyengar of Gartner discuss, on CNBC-TV18, the change of guard in the IT sector in the backdrop of Infosys declaring results today.
Azim H Premji, Chairman and Managing director of Wipro believes that Europe is plagued by uncertainty and slowdown in growth.
Jatin Dalal, chief financial officer - IT Business, Wipro, in a chat with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, gives his view on how a sharp depreciation in the rupee can impact IT companies.