L&T Infotech says COVID-19 to impact biz in first half of FY21, to use different tools to protect margins
(WorldNews Business)

Mumbai, May 24 (PTI) L&T Infotech (LTI) feels the COVID-19 pandemic will impact business in the first half of the fiscal, but it will not resort to employee retrenchment even as it seeks to protect profit margin, a top company official said. Different tools, including reducing subcontracted staff and deferring capital expenditure plans, will be deployed to protect margins, LTI...