Has the global recessionary trend affected Syntels growth chart?
Could you please elaborate? Ans: Syntel has a history as a nimble, flexible organization which has allowed us to adjust our model to changes in the overall economy as well as changing client requirements. We have been able to make these changes “on the fly,” without sacrificing our investments in people, infrastructure and new service offerings, which are the keys to driving sustainable business value for our clients and key stakeholders. The economic downturn over the past year has had a certain amount of impact on client demand, primarily by delaying the start of new development projects. However, a significant proportion of our revenue comes from business-critical maintenance services, so Syntel has managed to sustain exceptional operational and financial performance. Operationally, we have been focusing on helping clients reduce costs, increase efficiency, and adapt their business models for long-term success. Financially, we have numerous levers at our disposal, as well as supply
