The IT player’s decision comes at a time when many of its peers are shying away from disclosing precise hiring targets amidst uncertainty and challenging market conditions
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During an analyst call, Joshi detailed initiatives aimed at revitalising the company’s growth trajectory and optimising operational efficiencies
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The company’s consolidated revenue also witnessed a fall, a decrease of 6.2 percent YoY to Rs 12,871 crore, slightly below analyst estimates of Rs 12,926 crore
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CEO Chadha anticipates a “slightly muted” margin in the near term as the company gears up to ramp up investments in several critical technological areas
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The acquisition adds approximately 1,200 skilled professionals to Happiest Minds’ workforce
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According to the report, the optimism is fuelled by India’s rising online consumer spending, estimated to over double from USD 140 billion to USD 300 billion by 2030
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The sector has raised a total funding of USD 7.3 billion to date and funding saw substantial growth between 2018 and 2022, surging from USD 0.23 billion to USD 2.47 billion
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