Tag: HCL

BENGALURU: Infosys and HCL Tech have both cut revenue forecasts for the 2023-24 financial year, underscoring the continuing softness in discretionary spends by clients, and the volatile macro-economic environment. The headwinds in the banking and financial services vertical are particularly strong.Announcing its financial results for the quarter ended September on Thursday, Infosys said it now expects its revenue to grow between 1% and 2.5% in FY24. Three months ago, it had guided for growth between 1% and 3.5%, and at the beginning of the financial year, it had...