In addition, HCLTech’s operating margin (EBIT margin) expanded significantly by 130 basis points sequentially to 19.8%. This compares with the contraction reported by Infosys and Wipro and an expansion in TCS margin after excluding one-off items.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller