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Deccan Herald » Business » Detailed Story
Top clients are delaying ramp up, says TCS
Mumbai, pti:
Tata Consultancy Services (TCS), on Wednesday, said two of its top 10 clients have delayed their ramp up plans, which will affect its fourth quarter results....

The delay in ramp up plans would have an impact in TCS’s fourth quarter results, TCS Chief Operating Officer N Chandrasekaran told reporters here.
He, however, refused to give any figures in absolute terms. Meanwhile, TCS said it is launching a strategic business unit targeting the small and medium businesses (SMBs), which can generate a turnover of Rs 2,000 crore in the next few years.
Through this new unit, TCS wants to provide technological solution for SMBs. “TCS will offer IT-as-a-Service in an innovative business model giving SMBs the experience of customised low-cost solutions scalable to their growing business needs,” Managing Director &CEO S Ramadorai said.
TCS’s SMB unit would start from April and it has bagged 10 clients. TCS is betting on SMBs because the next stage of growth would come from there in India, he added.

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