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.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation