Too Many Humans

Two fierce rivals. When one goes hunting for business, the other gets picky about profitability. Then they switch. But while Infosys and Tata Consultancy Services have presented contrasting images of each other at times, together the two big Indian software exporters have held a mirror. Analysts have used them to view global spending on those invisible lines of computer code that enable large corporations to run themselves. No longer. The picture the duo are displaying now is more about how their own industry is at risk of being overrun by robots. Infosys operating margin 24.1% Before last quarter’s results, Infosys was doing a relatively better job of gaining investor approval. This time last year, TCS shares enjoyed a 15 percent higher valuation than Infosys, based on analysts’ expectations of future earnings. By…

Link to Full Article: Too Many Humans

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