TCS says retail, travel clients more exposed to US tariff turmoil

Share via:


Clients of Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.

The banking and financial services sector – which makes up nearly a third of revenue for India’s biggest software exporter – remains unaffected, TCS top boss K Krithivasan said in an interview.

The global trade war and US President Donald Trump‘s back-and-forth on tariffs have made it difficult to forecast market conditions, making…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

TCS says retail, travel clients more exposed to US tariff turmoil


Clients of Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.

The banking and financial services sector – which makes up nearly a third of revenue for India’s biggest software exporter – remains unaffected, TCS top boss K Krithivasan said in an interview.

The global trade war and US President Donald Trump‘s back-and-forth on tariffs have made it difficult to forecast market conditions, making…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Google’s spam policy hit by EU antitrust complaint from...

A German media company has complained to EU...

The US wants to break up Google and Meta:...

The last time the courts seriously weighed the...

NPCI attributes UPI outage to excessive API calls; plans...

The National Payments Corporation of India (NPCI) has...

Popular

Upcoming Events

Apple Watch Earth Day Challenge set for April 22

As is tradition, Apple’s annual earth day activity...

NPCI Holds Meeting With Banks, Fintech Apps Over UPI...

SUMMARY NPCI, which manages UPI, reportedly met with major...

Gensol promoter Anmol Jaggi invested in Ashneer Grover’s startup...

BluSmart cofounder Anmol Singh Jaggi allegedly transferred funds...
GdfFD GFD GFD GFD GFD GFD GFD GFD