Time to Exit the Indian Stock Market?
By
siliconindia | Tuesday, May 22, 2012
How the IT Sector Helps India
Despite the economic turmoil, there is still hope for the Indian economy. Practical optimism is something to cheer investors up. The Indian IT sector too has taken a back seat right now, registering a slower growth. However, firms like Cognizant and Infosys are witnessing a tremendous growth in terms of recruiting fresh employees, which is up by almost 20 percent. Wipro, TCS and HCL Technologies are also not behind in the recruitment race. Why would IT titans hire more people if the economic situation is so bleak?

