ETtechBoth the top and bottomline figures were below Street estimates. At a board meeting, TCS also announced a final dividend of Rs 24 per share.
TCS said its consolidated EBIT margin came in at 24.5%, flat on a quarter-on-quarter basis. During the quarter, the IT major's earnings per share or EPS, rose to Rs 31.14.
Wednesday, 12 Apr, 2023- Front Page
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- Bumper Apple Harvest: iPhone FY23 Exports Jump 4x to top $5b
Apple’s iPhone exports from India surged nearly four times on year to cross $5 billion (more than ₹40,000 crore) in FY23, as the suppliers of the Cupertino-based company ramped up local production of its premium devices amid a growing focus on making the country a manufacturing hub.
Vedanta Close to Bagging $1.5-2 b from FarallonUS hedge fund Farallon Capital Management is in advanced negotiations to provide $1.5-2 billion funding to Vedanta, said people with knowledge of the matter.
IMF Cuts India’s FY24 Growth Outlook to 5.9%The International Monetary Fund pared its forecast for India’s growth to 5.9% from 6.1% for the current fiscal year, while painting a bleak picture for the world economy battling tightening financing conditions even as the Russia-Ukraine war rages on and the pandemic lingers.
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