If back-to-back quarterly earnings revisions that are far lower than what was expected isn't bad enough, the company now faces an investigation for corruption that further compounds its problems and threatens to tarnish its image in perilous times.
Latest from Rajiv Rao
This re-revision comes on the heels of class action lawsuits filed in reaction to the company's disclosure about improperly obtained building licenses.
The firm has snapped up the right kind of acquisitions that could help 'future proof' it from the ongoing disruption that the worlds of cloud and automation are bringing with it.
If this golden child of Indian IT is having the kind of trouble that it has had in posting revenue growth, many observers are beginning to wonder what hope there is for the rest of the sector.
Damning data: How Indian IT gamed the H-1B for cost-cutting US clients, but why new rules may change nothing
Will throttling abuse of the H-1B solve the problem for vanishing low-end tech work in the US? Or should there be a whole new approach to saving domestic jobs?
Indian IT needs an urgent solution to its manpower-related productivity problem to secure its future
His campaign speeches lambasting outsourcing and offshoring don't bode well for the industry already reeling from dramatic disruption.