Amazon Q4 results: Nuvama argues that growth in the cloud is encouraging for Indian IT companies.

Amazon Q4 results: Nuvama argues that growth in the cloud is encouraging for Indian IT companies.

Amazon Q4 results: According to Nuvama, the cost takeout measure of clients has slowed down, and the results of all three hyper scalers—Amazon, Azure, and GCP—show an improvement in the overall growth trajectory this quarter. Growing cloud computing is good news for Indian IT companies, according to domestic brokerage Nuvama Institutional Equities, which released better-than-expected…

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