Whalesbook
Axis Capital's Executive Director for IT Services, Manik Taneja, expressed a preference for Infosys and Wipro over Tata Consultancy Services (TCS), citing TCS's portfolio issues and internal changes that hinder relative growth. While acknowledging TCS's strategic progress with its ₹18,000 crore data centre investment, Taneja noted it's a long-term play with no immediate stock impact. He sees Mphasis, previously challenged by its high exposure to Banking and Financial Services (BFS) clients, as being on a turnaround path, upgrading it to a top pick.