MindTree sees first signs of revival

IT and R&D services provider MindTree Ltd has started seeing, in the last four or five weeks, the first signs of customers finalisin budgets, even as the focus is on deals strategic to clients’ business and on newer contract models.

Clients that had put initiatives on hold are preparing the shortlist and going ahead with the next level of decision-making, said Chief Executive Officer, MindTree. That is good because two months ago, people were not sure whether they were going to spend or not.

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