TCS CEO & CFO explain the disconnect between revenue booking, deal signings & helicopter shots
K Krithivasan, CEO and NG Subramaniam, COO, TCS in conversation with ET Now post Q2 results. Krithivasan says “we had very strong deal wins in the past in the UK. All these things put together ensure that we are able to add more in the UK and continue to get the revenue. In the US, there are a lot of uncertainties. It is also a large market. While the banks are doing good currently there is uncertainty in the future. Retail is weak, even some of the sectors within retail and some of the essentials, which used to be strong, are showing weakness. Manufacturing is doing well globally for us. The US will probably need some more time for it to come back to strength.”