You are here: Home >> English News & Features >> BUSINESS & ECONOMY

What TCS’s Q3 numbers foretell

DNMUM429748 | 1/11/2019 | Author : Edit | WC :212 | Opinion & Viewpoint

DNA Money Edit



The earnings season is off to a flying start with software services behemoth Tata Consultancy Services (TCS) posting a 24.1% rise in the third quarter profit. Buoyed by strong gains from its banking, financial services and insurance (BFSI) segment, the IT giant posted a record net profit of Rs 8,105 crore. As per Rajesh Gopinathan, CEO and MD, the company has wrapped up 2018 with strong revenue growth of 12.1% in the October-December period, which is the highest in 14 quarters.
Despite its diversification, TCS has continued its focus on the BFSI segment. Its operating margins have been buoyant amid the rupee volatility and the higher cost of doing business in some major markets, especially the US. The company added 6,827 e
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Home loan interest ceiling could rise
DNMUM430098 | 1/16/2019 12:00:00 AM | Author : Amarpal S Chadha | WC :316

The interim Budget 2019 has raised expectations from all sectors, especially the salaried tax payers and pensioners who are eagerly waiting for a big boost in tax savings measures, given the general elections are due later this year.  In a need to

Add To LightboxCalculate Price

Don’t skip your life insurance illustration
DNMUM430099 | 1/16/2019 12:00:00 AM | Author : Kapil Mehta | WC :488

The life insurance policy kit is a thick bundle of documentation that consists of policy contract, an illustration, a copy of completed proposal form and servicing forms. I want to highlight the relevance of the illustration. This document full of

Add To LightboxCalculate Price

How to build a corpus for your first home
DNMUM430100 | 1/16/2019 12:00:00 AM | Author : Amit B Wadhwani | WC :569

Buying your first home takes careful planning and detailed budgeting since it is probably one of the biggest financial outlay for anyone. If you start planning at the age of 25, you could probably save enough to buy a home by 35. Being prepared an

Add To LightboxCalculate Price

Prize money earned by minor need not be shown in parent’s ITR
DNMUM430101 | 1/16/2019 12:00:00 AM | Author : Chirag Nangia | WC :262

My daughter won prize money of Rs 50,000 in a dance competition. Will I have to show this in my income tax returns? Shilpa RoyWe have assumed that your daughter is a minor and has earned only prize money of Rs 50,000 during the year. Any income ea

Add To LightboxCalculate Price