What Amazon’s rise portends for TCS, Infosys and Wipro
As US retailers like Best Buy and Wal-Mart shut stores due to rise of e-commerce, Indian IT firms, such as TCS, Infosys and Wipro, catering to them are a worried lot
Bengaluru: One morning in October 2015, a senior executive at Wipro Ltd, was leaving home when he heard news that was disturbing enough for him, a veteran road-warrior, to leave his laptop charger behind. He had just been told by his team in the US that Best Buy, the American electronics retailer, was shutting down 30 stores.
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