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Five takeaways from TCS' second-quarter earnings

The IT firm's revenue growth missed forecasts, while volume growth met expectations. The TCS stock is likely to open stronger in Wednesday's trade reacting to largely positive quarterly data.

Sensex closes 57 points down; Nifty below 8,150-mark

The domestic markets ended in negative zone in a volatile trade on Tuesday, tracking weaker trend in other Asian markets and on profit booking by investors.

Raw sugar export subsidy ruled out till next month

The raw sugar market has been on tenterhooks for any sign India might renew export subsidies, which expired on September 30.

India in goldilocks period, FY16 GDP seen at 7.6%: Nomura

According to Japanese financial services firm Nomura, despite slowing external demand, the domestic growth cycle is improving.

TCS reports Rs 6,055 crore net profit in Q2, in line with expectations

The company's consolidated revenue stood at Rs 27,170 crore compared to Rs 25,700 crore in the June quarter, while it posted earnings before interest and tax (EBIT) at Rs 54 crore as compared to Rs 6,748.4 crore quarter-on-quarter.

Wed Oct 14 07:49:05 IST 2015
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