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TCS slips 4% on weak margins in June quarter; IT shares follow suit

by Editor July 11, 2022, 4:42 am 1.2k Views

TCS, Wipro, Infosys, IT Companies

Shares of information technology (IT) companies were under pressure with the Nifty IT index down over 3 per cent after Tata Consultancy Services (TCS) reported 185 basis points (bps) sequential decline in earnings before interest and tax (EBIT) EBIT margins to 23.1 per cent for the quarter ended June 2022 (Q1FY23).

TCS…

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The Jazz wouldn’t say it, but Donovan MItchell’s days in Utah are likely numbered

Bannon, Facing Jail and Fines, Agrees to Testify to Jan. 6 Panel

Bannon, Facing Jail and Fines, Agrees to Testify to Jan. 6 Panel

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