Indian IT companies should focus more on the digital side as the legacy pie shrinks

IT’s on track, declare some. Not really, say others. Of late, opinion is divided on the strategy adopted by Indian IT companies. While one set of investors criticise them for keeping cash idle and losing the race to global peers, the other set is glad that they are not setting foot in unknown territory but, instead, saving cash for a rainy day. But what the second lot don’t seem to realise is t...