Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Indian IT vendor Tata Consultancy Services (TCS) on Monday reported a 14% year-on-year (year-on-year) decline in consolidated net profit for the December quarter to Rs 10,657 crore, compared to Rs 12,380 crore in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the company.Revenue from operations in the third quarter […]
IT services firm Tata Consultancy Services (TCS) is expected to report steady but moderate growth in the December quarter, with an average of five brokers posting revenue growth of around 5% year-on-year and profit growth of around 6%, due to cautious customer spending and margin headwinds. Based on the estimates, third quarter revenue could be […]