ExclusivesTCS Banks On Record Dealmaking For Growth Amid Macro Hangover
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TCS Banks On Record Dealmaking For Growth Amid Macro Hangover
Macroeconomic woes afflicting TCS’s largest market and biggest revenue generator has CEO Krithi Krithivasan unperturbed, thanks to a $42.6 billion order book.
The leader of India’s largest IT services firm is drawing succour from record dealmaking in a slowdown year to deliver growth in the new fiscal.That, after the top line missed the mark in January–March 2024 due to the macroeconomic hangover afflicting its largest market and biggest revenue generator.“When we started the (January-March) quarter, we were expecting another 50 to 70 to 100 basis points more on the revenue side. We were e...