Reinforces our negative outlook on the Indian IT services sector In our recent report (read here), we had downgraded the Indian IT services sector, based on our expectation that most companies will report single-digit revenue growth over the next few years due to the challenges that they face from global behemoths (Accenture, Amazon, IBM) and niche start-ups in the digital space. The lacklustre 1QFY17 results by almost all...