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Important news, must-read stories on NDTV Profit on Thursday.
Revenue of Tata Consultancy Services Ltd. rose 1.49% over the previous three months to Rs 60,583 crore in the quarter ended Dec. 31.
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Revenue of India's second-largest IT services company fell 0.44% over the previous three months to Rs 38,821 crore in the third quarter.
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The stock rose as much as 2.83% during the day to a record high of Rs 2,724.95 apiece on the BSE.
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The key is to identify risks early, monitor closely and manage it effectively, says Shaktikanta Das.
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Total investor wealth erosion stood at Rs 15,500 crore after the market capitalisation for the company fell over Rs 58,600 crore.
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The facility can be accessed by users of BHIM, PhonePe and Paytm apps.
This is the company's second layoff in about a year's time. Last January, it cut 50–70 jobs, citing an annual performance review.
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