Category : Search result: outsourcing slowdown


TCS Shifts Strategy with $700M Acquisition as Growth Slows

Tata Consultancy Services makes its largest acquisition since 2008, buying US-based Coastal Cloud for $700 million. This marks a strategic pivot from organic growth to acquisitions, mirroring Accenture's playbook to tackle slowing outsourcing revenue and

Private Sector Growth Hits 10-Month Low, Hiring Stalls

India's private sector activity expanded at its slowest pace in 10 months in December, with hiring nearly stagnant, PMI data shows. Growth remains robust but signals a moderation from recent highs. Read the full analysis.

Lohit Bhatia Elevated to CEO of Quess Corp

Quess Corp names Lohit Bhatia as its new Chief Executive Officer. With over 28 years in textiles, auto components, and services, his expertise aims to drive the company's next phase of growth. Read more.

IIP Growth Hits 13-Month Low of 0.4% in October

India's industrial output growth plummeted to 0.4% in October 2024, the lowest in over a year, dragged down by power, mining, and manufacturing. Get the full analysis of the key economic data.

India's Industrial Growth Slows to 0.4% in October

India's industrial output grew a mere 0.4% in October, the slowest pace in 14 months, as manufacturing, mining & electricity sectors contracted. Experts cite festive season impact. Read the full analysis.

IIP growth slows to 0.4% in October 2025

India's industrial output growth decelerated sharply to 0.4% in October 2025 from 4% in September, as fewer working days due to festivals impacted production. Read the full sectoral breakdown.

India Real Estate: Construction Lags Behind Launches

India's real estate market faces a severe construction slowdown as completed projects drop from 75% to 57% since 2017. Experts warn of growing gap between launches and actual building activity across top cities.

GST cuts fail to boost apparel, footwear festive sales

Despite GST rate reductions, India's apparel and footwear sectors saw disappointing festive sales due to weak consumer spending, erratic weather, and tax transition issues. Learn why the expected consumption boost didn't materialize.

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