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India's TCS, Infosys see revenue dips on client spending cuts
India's TCS, Infosys see revenue dips on client spending cuts
Technology
by  AFP

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector. Revenue from TCS operations was 605.8 billion rupees ($7.29 billion) for the December quarter -- a four percent on-year increase that represents its lowest revenue growth figure in two years.