Indian IT companies are trying to survive as outsourcing business declines

Restrict their visas, they scramble like rats.

“The large Indian IT services companies do not have adequate “innovation quotient” and that to a large extent impacts their ability to effectively use the strengths of an acquired firm, said V Balakrishnan, former board member of Infosys“.

Translation: “We can’t build anything ourselves, so we buy up companies built by others, but then we screw them up too”.


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