BENGALURU: Infosys is likely to grow faster than larger rival TCS this fiscal year, analysts said, on the back of its acquisitions and competitive pricing strategy. This has given Infosys an edge over TCS, they said.“This year (financial year 2019-20) Infosys will grow faster than TCS. The company, which saw slowpaced growth in the initial few quarters after Salil Parekh took over as chief executive in January 2018, reported higher growth than TCS in the July-September quarter.Analysts said Parekh’s bets in changing the company's growth trajectory have started paying off. In the first half of FY20, Infosys reported 10.2% growth in topline to $6,341 million. Even if the second half has some seasonal growth challenges, for the whole year Infosys is expected to grow faster, said analysts.

Source: Economic Times December 29, 2019 21:33 UTC