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TCS enjoys strong Q3

Mumbai: Tata Consultancy Services (TCS), India's leading IT services consultancy saw net income up 4.45 to $873 million in its third quarter ended 31 December 2014 on revenues up 14% at $3.93 billion. Chief Executive Officer and Managing Director, N Chandrasekaran said: "We have maintained our momentum in a traditionally weak quarter for the IT industry. In constant currency terms, we have seen significant growth in USA, Europe as well as emerging markets like Latin America and Middle-East Africa. Our diversified industry portfolio and presence across key markets have helped us overcome soft seasonal demand in some sectors."

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