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(NYSE:WIT)
Higher Revenues But Also Higher Costs For Indian IT Players
Posted on Tuesday, May 18th
Gartner estimated recently that worldwide IT services revenues declined 5.3% over the year in 2009 to $763 billion. Revenues for all players in the industry declined, with HP and Accenture reporting the biggest drops of 10.4% and 11.8% respectively. But India-based service providers saw revenues increase 3.6% for 2009 in dollar terms. However, growth was
