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Two major clients of TCS delay IT projects

Two major clients of TCS delay IT projects
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First Published: Wed, Mar 05 2008. 05 01 PM IST
Updated: Wed, Mar 05 2008. 05 01 PM IST
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Mumbai: Two of Tata Consultancy Services’ 15 biggest clients have delayed some projects in this quarter, the chief operating officer of India’s largest software-services exporter said on Wednesday.
“There are two clients in the top 15 who have delayed a couple of assignments,” N. Chandrasekaran told reporters, but declined to say how the company’s earnings in the March 2008 quarter would be affected.
He said he had previously disclosed this information in a conference call with analysts after the company had released its December 2007 quarter results in January.
TCS shares closed up 1.92% at Rs875.30 on the Bombay Stock Exchange on Wednesday.
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First Published: Wed, Mar 05 2008. 05 01 PM IST
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