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Data recap: IT results, PMI readings, air traffic

News and developments from the week gone by, through numbers and charts.

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Mint Primer | Let the good times roll: IT services eye a better future

Worldwide IT spending on software, services, data centre systems, devices etc is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to analyst firm Gartner

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Market at close: Sensex tumbles nearly 800 points amid broader sell-off; TCS declares dividend

Among broader markets and sectors, the banking gauge, the Nifty Bank slipped 474 points to 48,564. The midcap index also declined by 313 points, closing at 50,068.

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Q4 Results Today: What to expect from TCS earnings?

TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.

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TCS Q4 results: Net profit rises 9 pc to Rs 12,434 crore; board approves final dividend of Rs 28

Its post-tax profit during the same quarter last year stood at Rs 11,392 crore

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