Wednesday, 7 January, 2026
Mphasis CEO Forecasts Major Rebound in Discretionary IT Spending

Mphasis CEO Nitin Rakesh has expressed optimism regarding a recovery in the IT sector, noting that discretionary tech spending is finally accelerating. After a period of cautious budgeting, enterprises are now reinvesting in large-scale digital transformation and AI-driven projects. This shift indicates a renewed confidence among global clients, particularly in the financial services and healthcare sectors.
Read full story at Economic Times