The sector continued to reel under the throes of a 'resuscitation to reality' as companies queued up to trim forecasts and offer revenue warnings. And what did we did find out were - Main Points U.S economy is faltering bringing about a corresponding fall in IT spend. Quality manpower will still be at a premium but salary rises will be minimal. Offshore billing rates will rise with onsite rates stagnating.
Conservative valuation techniques poor guide in a hazy environment.
For the new dawn bet on the cleanest, strongest and the biggest. A fortune in black gold. 2001 India Infoline Ltd. All rights reserved.