Tata Consultancy Services and Infosys, India's top two IT services companies, reported their fiscal third quarter numbers yesterday, signalling that a pickup in the US, their biggest market is not in sight yet. TCS's sales fell 3 percent in the US and Infosys cut the upper bound of its forecast for the full fiscal year FY24 by 50 basis points to 2 percent. Ray Wang, Principal Analyst at Constellation Research, unpacks the outlook. He also weighed in on what's ailing Wipro, which has seen a raft of senior exits in recent times