Shares of Indias TCS Skid on Demand Recovery Worries After Q2 Revenue Miss

The second-quarter on-demand earnings from TCS, the world’s third-largest IT services provider, have sparked worries that technology spending may not recover quickly. The results missed analysts’ estimates, who, on average, had expected a 0.7% sequential growth in consolidated revenues for the quarter ending June 30 to $59.6 billion. According to an analyst, the company’s operating … Continue reading Shares of Indias TCS Skid on Demand Recovery Worries After Q2 Revenue Miss