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TCS Q3 results preview: Sub-$10 billion order wins likely, profit to rise 7-11% YoY

TCS had reported a total contract value of $11.2 billion, after clocking TCV of $10.2 billion in Q1FY24, which was above the guided range of $7-9 billion.

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NTT Corporation: NTT sells controlling stake in Pune-based Nihilent to promoter

Japanese telecommunication giant NTT Corporation has fully exited its 69.14% controlling stake in Pune-based IT consulting and services firm Nihilent Ltd selling it to the founder and promoter LC Singh. ....

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TCS Q3 Earnings Preview: 5 things to watch out for

TCS will be announcing its third quarter earnings for FY24 on January 11. ....

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TCS Q3 Preview: Dollar revenue likely to decline QoQ for second straight quarter amid weak demand

The third quarter of the current fiscal year is expected to be lean for the IT companies. “We expect that deal booking momentum would show quite a moderation as a result of concerns around economic growth in the US/European markets,” stated YES Securities in a preview report. ....

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TCS Q3 Results Preview: Expect muted earnings growth; deal wins, outlook on near-term demand to be in focus

TCS is expected to report tepid Q3 revenue and profit growth due to weak discretionary spending in key markets in the West. ....

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