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On the sidelines of an IT summit, N. Chandrasekaran, Managing Director and CEO of Tata Consultancy Services reportedly said that next fiscal is expected to be better for the Indian software industry.
The recovery of US economy and increasing job prospects seem to hold promise for Indian IT companies., N. Chandrasekaran reported.
Earlier this year, Nasscom had projected an 11 – 14 growth for the Indian IT industry.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.