India’s IT services sector is witnessing a flurry of merger and acquisition activities, with several small and midsize firms announcing deals in the past four months in segments ranging from consulting and startups to engineering services, data and analytics.Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when the demand for technology spending, especially in discretionary projects, returns, say analysts. Big IT firms such as Infosys, HCLTech,... Read this story
