Deal pipeline starting to improve: Ramadorai

Tata Consultancy Services (TCS), the country s biggest IT services firm, said there is more stability in the business environment as the number of deals have expanded. The drastic economic downturn seems to be behind us. There is stability on the ground and there are demands coming our way. The deal pipeline is beginning to improve, S Ramadorai, chief executive officer, TCS, said in Bangalore on Monday. While the deal pipeline is good, there could still be some occasional shocks, he added. Sectors like Banking, Financial Services and Insurance (BFSI), utility, retail and life sciences are showing growth, whereas manufacturing and ...

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