TCS revenue to inch up, margins may shrink in Q2

TCS is poised to report a modest sequential revenue increase in dollar terms for the September quarter, following a prior decline. However, operating margins and net profit are anticipated to weaken due to lower employee utilization and the impact of partial salary hikes. Investors will be closely watching for insights into the deal pipeline and future outlook.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation