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TCS to tap global markets for promoting made in India 5G gear: COO

Tata Consultancy Services (TCS) is looking to promote its locally developed 5G radio network gear in overseas markets, particularly in the US. TCS Chief Operating Officer NG Subramaniam stated that the N78 5G radios designed by Tejas Networks may be qualified for global 5G opportunities, including those in the US. ....

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IT stocks: Large-cap IT stocks in catch-up mode manage to hold firm

"The reason the market saw no panic selling is there is low trader interest and positioning in these stocks, in the segment," said Rohit Srivastava, Founder, Indiacharts.com. "IT is going to do better backed by a good global tech environment and strong NASDAQ, and will continue to pick up." ....

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New 20% TCS rule from October 1, 2023: Know TCS rates on international trips, forex payments, debit, credit card, education, foreign investments

Starting from October 1, 2023, all overseas outward remittances, except for medical and educational purposes, over a threshold limit of Rs 7 lakh in a financial year will attract a tax collection at source (TCS) of 20%. From an international trip to investments in foreign stocks, mutual funds, or cryptocurrencies abroad, or going abroad for higher studies, know how much TCS ....

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TCS: Getting positive on IT, adding to positions: Rakshit Ranjan

“There is a good 30% to 40% drop in the PE multiple when you normalise for the cash element or go pre-Ind AS and normalise it for that aberration..So, when you normalise the PE multiple for how the P&L is going to look like adjusted for aberrations, the real PE multiple appears much lower than that.” ....

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TCS eyes US market for India-made 5G radio equipment, Telecom News, ET Telecom

Tcs: On the backdrop of recently-concluded G20 summit, New Delhi and Washington strengthened their commitment to 5G and 6G technologies with the US President Joe Biden inviting Indian companies to support the Rip and Replace program, launched in 2020. ....

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