According to Morgan Stanley’s recent report, quoted here
Indian computer services companies, including the top players, are experiencing declining revenue owing to the bad condition of their global customers.
Organic revenue for Indian IT services companies may decline up to 20 percent for FY 2009-10, starting April 1.
[Organic Revenue: is the revenue of a company achieved by increasing output and enhancing sales. This excludes any profits or revenues acquired from takeovers, acquisitions or mergers.]
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Indian computer services companies, including the top players, are experiencing declining revenue owing to the bad condition of their global customers.
Organic revenue for Indian IT services companies may decline up to 20 percent for FY 2009-10, starting April 1.
[Organic Revenue: is the revenue of a company achieved by increasing output and enhancing sales. This excludes any profits or revenues acquired from takeovers, acquisitions or mergers.]
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