TCS Eyes Acquisitions In Germany, Japan

TCS Eyes Acquisitions In Germany, Japan

By Reuters

  • 25 Apr 2011

TCS expects to see "marginal improvement" in pricing for the fiscal year that started in April and expects to sustain the current operating margins, N. Chandrasekaran told Reuters in an interview.

TCS, whose clients include Citigroup and General Electric, last week reported a market beating 23 percent rise in fourth-quarter profit on rising demand and flagged wage hikes and currency volatility as main threats to its profit margins for 2011/12.