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TCS Q4 and IT investors

TCS Q4: IT investors would do well to temper their expectations

Investors in the IT sector were anxious as they moved into the Q4FY23 results season, and to add to their anxieties, Tata Consultancy Services Ltd (TCS), the sector bellwether, failed to reach consensus projections. On a sequential basis, its revenue in constant currency terms, increased 0.6%, missing analysts’ projections of 0.9% revenue growth. Region-wise, North…

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    Video Accordion

    Q1) What is Currency ? Currency is a medium of exchange that is accepted in transactions for goods and services. It serves as a unit of account, a store of value, and a medium for facilitating economic transactions. Throughout history, currency has taken various forms and has evolved over time in response to the needs…

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    Finance Bill

    Housing sales up 14% annually in Jan-Mar to 1.13 lakh units across top 7 cities: Anarock

    In NEW DELHI: According to Anarock, despite a 6–9% price increase, housing sales in the top seven cities in India are expected to surge by 14% between January and March to over 1.13 lakh units.The “bull run” in the housing segment of the Indian real estate sector continues, according to real estate consultant Anarock, which…

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