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Q3 Results: India disappoints, but America cheers TCS

This article was posted on Jan 17, 2014 and is filed under Market News

India market for the country’s largest software exporter Tata Consultancy Services (TCS) dropped by almost 9% on a sequential basis, said company’s CEO and MD N Chandrasekaran after the company announced a better-than-expected third quarter profit.

“Except for India market, every other market grew,” he said.

The IT giant saw a 3.8% growth in international business in dollar terms; while volumes from international business grew by 2.9%.

In fact, North America contribu ..

Read more at:
http://economictimes.indiatimes.com/articleshow/28900810.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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