Increased digital adoption and deal wins has helped the performance of the IT industry to bounce back in the July-September quarter. What has also benefited the margins of the top tier IT giants is the reduction of travel expenses of more than 70% year-on-year.
from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/earnings/it-companies-save-over-70-in-travel-costs-in-sept-quarter/articleshow/78692589.cms
Friday, October 16, 2020
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