TCS net falls 3.6% on fragile BFSI

TCS net falls 3.6% on fragile BFSI

Dmitry Bagrov, managing director of DataArt UK said M&S could lose a lot of knowledge if its technology transformation programme plan is to bulk outsource technology.

Rajesh: We have been maintaining our margins and our cash conversion has been impressive.

"We wrapped up 2017 with a strong performance in the December quarter, marked by the signing of industry-defining deals, robust client metrics and broad-based demand across industry verticals".

Our focus has been on talent management, skill building and on digital side.

It is also placing a bet on IT sector to reap benefits from the major reform that will be brought to the US Tax Bill, which is expected to cut the corporate taxes from 35 percent to 20 percent that would provide more room for businesses to increase their budget for IT spending.

Also the third quarter is traditionally considered soft because of the number of holidays in key global markets that Indian IT players typically serve. Other two important wins for the quarter are the tie-ups with a large European and an Australian Bank. IT-services companies use the constant currency method to eliminate the effects of exchange rate fluctuations while calculating the results.

HBO chief teases 'familiar bloodlines' in Game of Thrones prequel spinoffs
As for how many GOT prequel series HBO may go with, "anywhere form zero to five but probably more likely around one", Bloys said. Season 1 actor Jason Momoa, who recently visited the set, assures us season 8 will be "the greatest thing to ever air on TV".

Diet Coke Selling New Slim Can, New Flavors With 'Deadpool' Actor
Sommerville now says the design team have an opportunity to rethink such an iconic brand with the scale and reach of Diet Coke. Excited Coke fans tweeted their excitement: "I like this new millennial-oriented Diet Coke can, probably the flavours too".

Percent of Americans Oppose Jeff Sessions' Marijuana Crackdown
Four bills to legalize and tax the sale of marijuana were introduced past year , but each died in committee hearing rooms. It is equally true that a strong majority of Americans have grave reservations about "commercialization" of marijuana.

The retail and consumer products vertical showed a strong turn around, growing 6.4 per cent quarter on quarter while most industry verticals grew above company average in the quarter. The BFSI vertical grew 0.2%, compared with an 8.4% growth in the year-earlier period. We have enabled improved speed-to-market, customer engagement and cognitive operations through our innovative technology services, the TCS BaNCS agile and digital platform, and our unmatched industry expertise.

"We don't see strong bottom-up signs of growth recovery".

The European market continued to lead the company's strong growth trajectory and will emerge as the second-largest market after the United Kingdom next year.

It expects HCL Technologies and Tech Mahindra to lead the pack with 2.7 percent and 1.7 percent QoQ USD revenue growth, respectively, Infosys, Wipro and TCS are estimated to grow at a slower pace of 1.4 percent, 1.4 percent and 0.7 percent, respectively. On a Y-o-Y basis, Continental Europe (+22.3%), United Kingdom (+8.2%) and India (+4.1%) performed very well.

TCS will make job offers to all of the applicable Transamerica employees now supporting the life insurance, annuity, supplemental health insurance, and workplace voluntary benefits business lines, ensuring a consistently excellent experience for Transamerica customers and protecting approximately 2,200 American jobs.

Related Articles

  • Cubs, Addison Russell avoid arbitration with one year, $3.2M deal

    Cubs, Addison Russell avoid arbitration with one year, $3.2M deal

    He more than did his part in leading the Cubs to 103 wins while capturing an NL Central Division title and a World Series ring. Bryant, a native of Las Vegas who played his collegiate ball at San Diego, wound up going No. 2 overall to the Cubs in 2013.
    Fog warning for Flintshire - Thursday evening through to Friday

    Fog warning for Flintshire - Thursday evening through to Friday

    A spell of heavy rain will move in from the Atlantic in the afternoon, to affect much of Munster and Connacht by nightfall. Heavy rainfall is expected later tomorrow, overnight and into early Saturday - with falls of between 30mm and 50mm likely.

    Steph Curry hilariously reacted to Kevin Durant scoring 20000 career points

    He was a full participant in a light workout Tuesday and now appears likely to return on Wednesday night. The Memphis, Tennessee native says he was playing with confidence against the Warriors .
  • U-19 world cup warm-up matches washed out for second straight day

    U-19 world cup warm-up matches washed out for second straight day

    After 1988 they didn't hold the tournament for 10 years, so I've no exposure of playing and being part of this tournament. India's batting mainstay in Tests, Cheteshwar Pujara, scored the most runs-309-in the 2006 edition in Sri Lanka.
    Ryan Suter, Devan Dubnyk lead Wild past Blackhawks, 2-1

    Ryan Suter, Devan Dubnyk lead Wild past Blackhawks, 2-1

    Still, the Wild will take what they can, especially after the game looked like it could be headed for a blowout early on. The reality is the Senators were put in their place by the Blackhawks and the picture wasn't the least bit pretty.
    Vikings to face Saints in 2009 NFC championship rematch

    Vikings to face Saints in 2009 NFC championship rematch

    The Panthers , No. 17 in the red zone in the regular season, continued stalling inside the Saints' 20 most of the afternoon. Newton drove the Panthers inside the Saints 25 three times, but Gano pushed his first attempt wide from only 25 yards.
  • IV bag shortage has hospitals scrambling during flu season

    IV bag shortage has hospitals scrambling during flu season

    Now, Xcel Energy crews are being called in to help restore the destroyed power grid. Patel said a team at Duke met to discuss the shortage.and to devise a solution.
    Bella Thorne 'had no idea' about California mudslide before travel complaint

    Bella Thorne 'had no idea' about California mudslide before travel complaint

    After numerous notifications of people saying harsh comments to Bella , she deleted the original tweet and apologized . In her tweet, the actress also said that she missed her boyfriend's first date on his tour because of the incident.
    India, US can announce major pacts in intelligence, fighter

    India, US can announce major pacts in intelligence, fighter

    The speech on Thursday was organised by the think-tank Carnegie India. Pakistan is also important to the situation in Afghanistan.
  • Super Bowl Pepsi Commercial Will See The Return Of Cindy Crawford

    Super Bowl Pepsi Commercial Will See The Return Of Cindy Crawford

    Brand Pepsi has always been a fixture of the Super Bowl , and viewers have come to expect memorable ads from the company. The events will guide fans through the evolution of how Pepsi's history has connected with people over generations.
    Bears Hire Offensive Coordinator

    Bears Hire Offensive Coordinator

    London has spent nine seasons in the National Football League , the past four as the running backs coach for the Houston Texans. According to ESPN's Adam Schefter , the Bears will hire former University of OR head coach as their new offensive coordinator.
    Bangladeshi bomber pleads not guilty to NY  subway terror charges

    Bangladeshi bomber pleads not guilty to NY subway terror charges

    A Bangladeshi immigrant was indicted Wednesday in the failed pipe bombing of the NY subway system last month. Akayed Ullah , a 27-year-old Bangladeshi man, faces a six-count indictment in the December 11 bombing.