It has been one more interesting quarter for the information technology (IT) and business process sector in India and the results clearly demonstrate what I have been predicting for the last six months. Our companies are smart and while they may have taken a little longer than desirable to realise that the decline of traditional business would not be easily compensated by the rise of digital, they know what needs to be done and many are doing what it takes to get back to double-digit growth. The five large firms — TCS, Wipro, Infosys, HCL and Tech Mahindra — have done …
