 "BFSI, retail fire as TCS expects to hit double-digit growth in FY19")
After a gap of three years, TCS is expected to hit double-digit growth in FY19. The firm, which is expected to end the fiscal year with a growth of 11-12 per cent, ticked all boxes in what is seasonally the strongest quarter for IT services. Led by strong growth in its two big verticals — banking, financial services and insurance (BFSI), and retail — which account for 48 per cent of revenues, the company posted 3.7 per cent constant currency growth on a sequential basis.
This was slightly lower than the 4 per cent most analysts had estimated, given the
