Boeing 737 Max Jets Crisis hits Infosys and TCS, $1 billion at stake
Boeing has stopped the production of 737 max Jets with effect from January 2019. This has created a big business concern for most of the major Indian IT firms. According to the reports, TCS, Infosys, HCL and L&T Technology have clients which are directly or indirectly connected with Boeing. These includes clients from various core domain like engine manufacturers, body suppliers, avionics etc. As a result of this, the major IT firms have direct exposure to Boeing and the halt…