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TCS in focus after Q2 result

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TCS' consolidated net profit rose 7.67% to Rs 7927 crore on 5.91% rise in total income to Rs 37584 crore in Q2 September 2018 over Q1 June 2018. The announcement was made after market hours yesterday, 11 October 2018.

Commenting on the Q2 performance, Rajesh Goplnathan, and MD, said revenue growth was driven by expanding demand for digital transformation across verticals, and continued acceleration in BFSI and Retail.

Sundaram-Clayton inaugurated its new foundry at Oragadam, near Chennai, in The plant has been set up with an investment of over Rs 150 crore. This major capacity expansion aims to meet the rapidly growing demand for its products from the automotive industry and will primarily serve With a capacity of 8000 tonne, the plant will produce machined castings ranging from 1.9 kgs to 7.2 kgs. The announcement was made after market hours yesterday, 11 October 2018.

India has entered into a strategic agreement with & Under this agreement, and Mahindra will endorse a range of products which include aftermarket engine oils and transmission fluids for Mahindra tractors under the brand, 'Mileage Ka Master'. The announcement was made after market hours yesterday, 11 October 2018.

Global said that Europe BV, subsidiary of Global has entered into an agreement for acquisition of 100% shares of The announcement was made after market hours yesterday, 11 October 2018.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 08:33 IST
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