Infosys beats TCS as growth continues on the back of North America business

The growth engines that fuelled Infosys Ltd’s performance in the first half of the financial year (April-September) retained momentum in the December quarter helped by strong business in its core North American market.

India’s second-largest information technology (IT) services company also raised its full-year revenue outlook for the third time this financial year, crediting improving discretionary spending by financial services companies in the US and Europe.