TCS kicks off Q2 earnings season! Revenue meets, PAT misses mark vs Street estimates—Catch management commentary, other key takeaways

TCS kicks off Q2 earnings season! Revenue meets, PAT misses mark vs Street estimates—Catch management commentary, other key takeaways

TCS — India’s largest IT firm — on Wednesday kicked off a new earnings season for India Inc. The Tata group IT giant’s standalone net profit declined 5.4 per cent sequentially, worse than analysts’ expectations.  Here are five key takeaways from the Tata group IT giant’s latest quarterly results:  Top and bottom lines TCS registered…

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Explained: Why Indian IT companies may easily digest H-1B fee hike, Anil Singhvi weighs in

Explained: Why Indian IT companies may easily digest H-1B fee hike, Anil Singhvi weighs in

Indian IT companies are expected to face only limited disruption following the US announcement of a $100,000 one time fee on new H-1B visa applications, according to market expert Anil Singhvi, managing editor of Zee Business. Singhvi suggested that the move is more “signal than shock” for the sector, with only mild implications for business sentiment…

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