In FY19, dollar revenues grew a mere 1% YoY due to client specific issues and lower growth in new projects. Taking into consideration, though moderated but continued impact from concern in certain client buckets, shorter duration projects and pressure in legacy revenues (50% of revenues), it seems an uphill task to reach industry growth rates in FY20E. Considering the above mentioned headwinds, we expect the company to register mere mid-single digit revenue growth in FY20E. The key drivers of FY20E revenue growth are a healthy deal pipeline (higher than FY18 YoY),...