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Tata Consultancy Services’ (TCS) performance in the June 2010 quarter reaffirms the company’s ability to take advantage of the gradual recovery in the demand for IT services and solutions in the US and Asian markets. The country’s largest IT exporter delivered better than- expected results for the quarter backed by volume pick-up and better cost management.
The company is likely to benefit the most from the improving demand traction even in future given its strong presence across major global markets. Further, its growing influence in the domestic market for IT services adds to its strength.
(Source: Economic Times)