Big deals continue to elude big 4 IT firms
The top four Indian IT services firms —TCS, Infosys, Wipro, and HCLTech — saw year-on-year decline in their total contract value (TCV) during the July-September period, due to the absence of mega deals and continued lumpiness in large deals.
Further, geographically, revenue contribution from North America continued to decline for most them.
