While TCS pulls out GFC playbook, investors should brace for worse2 min read 16 Apr 2020, 09:21 PM IST
TCS said peak virus impact on revenues could be like that in the global financial crisis (GFC), or more
In Q4 of FY09, firm’s organic revenues had fallen over 10% year-on-year, representing peak impact
Tata Consultancy Services Ltd (TCS) has a tradition of burning its fingers trying to provide qualitative guidance to investors, rather than quantitative ones that peers such as Infosys Ltd and Wipro Ltd provide.
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