We expect Indian IT companies to start FY17 with strong growth, but margins will remain underpressureduetoseasonalfactors(salaryhike,visacosts).Resultswillgetaboostdue to INR depreciation and positive crosscurrency impact (sharp EUR and GBP depreciation onlyinthelastthreedays).Managementcommentarywillbeofutmostimportanceinthis quarter,especiallyoutlookonEuropeanbusinesses(afterBrexit)andstrategytocounter...