IT deal pipeline gets bigger in April-June

The information technology (IT) sector is turning buoyant again with a healthy surge in deal conversions during the April-June period, resulting in a slew of client pacts and an assortment of tie-ups across verticals. Recent deals range from software development, infrastructure, engineering services and policy-administration contracts across sectors like automotive, aviation, telecommunication and insurance. Analysts and industry watchers told FE the deal pipeline picked up from January this year. The trend is expected to continue, as global players continue to focus on cost optimisation. Delayed contracts will also be cleared in the coming quarters. Large deals with annual contracts worth ...

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