TCS on track to meet FY13 growth guidance

Tata Consultancy Services (TCS), the technology sector's newest bellwether, is on track to meet its FY13 growth target, if the management commentary is anything to go by.Before the second quarter......

TCS' operating margin to slip 25 bps on suit payout

India's leading information technology services provider Tata Consultancy Services' operating margin is likely to slip by 25 basis points on the back of a one-time lawsuit settlement of $29.8......

Slowdown: Infosys cuts FY'12 revenue outlook by 3%

Infosys on Thursday cut its full-year revenue outlook in dollar terms by about 3 per cent because of mounting economic uncertainty in the euro zone, a move that did not go down well with investors.......

Bharti Airtel needs to fine-tune biz strategies in Africa

Back in 2010, competition in India's telecom sector was at its peak and Africa was looking attractive, given the low penetration, nearly double the average revenue per user (ARPU) and lower......