TCS COO on what hurt the company in the second quarter
TCS COO on what hurt the company in the second quarter
Tata Consultancy Services (TCS), India's largest IT services company, reported lower-than-expected quarterly revenue due to a slowdown in discretionary demand caused by economic headwinds. The company's chief operating officer, N Ganapathy Subramaniam, explained that clients are choosing to conserve cash and defer spending on projects that do not provide immediate returns on investments.
Tata Consultancy Services (TCS), India's largest IT services company, reported lower-than-expected quarterly revenue due to a slowdown in discretionary demand caused by economic headwinds. The company's chief operating officer, N Ganapathy Subramaniam, explained that clients are choosing to conserve cash and defer spending on projects that do not provide immediate returns on investments.
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Tata Consultancy Services (TCS), India's largest IT services company, reported lower-than-expected quarterly revenue due to a slowdown in discretionary demand caused by economic headwinds. The company's chief operating officer, N Ganapathy Subramaniam, explained that clients are choosing to conserve cash and defer spending on projects that do not provide immediate returns on investments. 
