This is the second quarter in a row when Infosys would skip campus hiring
The Nifty is back in the red after yesterday’s upmove. The index slipped below the 18,000 mark, weighed down by weakness in PSU banks and the IT pack. However, a 7% rally in Tata Motors is keeping the auto pack afloat. Catch the mid-day market mood with Nandita Khemka and Yatin Mota to know more about today's gainers and losers
Analysts expect constant currency growth of 1.9 percent on a quarterly basis
TCS is more a stock to 'buy on any decline' rather than 'sell on a rally' – that’s the big message from the bellwether's strong Q3 performance. So, what has helped the Indian IT behemoth turn the corner and return on the growth track and are there still any worry points? Let's find out in this edition of Ideas For Profit.
Quarterly revenues at Rs 21,294 crore were up 1.5 percent sequentially and 32.5 percent year-on-year.
Experts feel TCS is again likely to lead the sector on dollar revenue growth in the quarter ended December 2013. Constant currency growth is expected to be 2.5 percent as third quarter is seasonally weak due to furloughs, fewer working days and employees going on vacation.
The management of TCS- N Chandrasekaran, CEO and MD; S Mahalingam, CFO; Ajoy Mukherjee, Head-Global HR and Phiroz Vandrevala, director at TCS, join CNBC-TV18 for insights beyond the company's thried quarter numbers.
How is trade going to be today? Will we cross the psychological 5000? What are the cues? Listen in!