Rajesh Loomba

Yes, Jigar.

Yes. Thanks Jigar. Great question. And I think everybody would want to know that. And definitely last quarter, we were already seeing these signs and the results of a lot of competition in the market and I had did flag it. However, the decline in the margins or the competitive pressure was higher than what we anticipated.

Yes. That depends on market to market, client to client and these are internal thresholds that we have set. As a company as a whole, when you look at it, which is a mix of CCR and ETS, we hope to maintain the same margins now.