Infosys Anticipates Sluggish Growth Amidst Declining IT Spending

In a significant update on its financial outlook, Infosys, the prominent Indian IT services company, has revised its sales growth expectations downward, attributing this shift to a broader slowdown in technology spending. The firm spoke candidly about the challenges posed by a transitioning economic landscape that has prompted businesses worldwide to reevaluate their budgets for IT expenditures.

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