February 6, 2025
Robust demand boosts India’s TCS in slowing sector

Mumbai (AFP) July 12, 2023

India’s biggest software firm Tata Consultancy Services reported subdued but better-than-expected profits for the June quarter on Wednesday as economic uncertainty in key client markets weighed on the IT sector.

The Mumbai-headquartered company earns more than 80 percent of its revenues from Western markets and the results reflect tough global conditions for the industry in what is usually a…
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