TCS Expects Rebound In Financial Client Spending As It Posts Highest-Ever Profit

Tata Consultancy Services Ltd (TCS) expects a rebound in spending by its key banking, financial services and insurance (BFSI) clients this financial year, it said on Thursday, as it posted its biggest-ever profit, helped by deal wins. India's top software services exporter is more confident about BFSI revenues from North America as client discussions show there is "not much stress left in the system," and this could potentially trans...