The management said that margins in the current quarter will see the impact of two additional months of salary increment, though it expects it to be partially offset by likely improvement of utilisation and price realisation. Attrition has been a key factor contributing to the rise in staff cost and hurting margin.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers