Friday, April 15, 2022

TCS has upper hand with deal wins, lower attrition in FY23 vs Infosys

Analysts pointed out that the metric that works in TCS's favour includes that it clocked its highest-ever order book at $11.3 billion in terms of total contract value in the just ended quarter and the metric stood at $34.6 billion for the full year. The fourth quarter total contract value also includes two large deals in the range of $1 billion.

from Tech-Economic Times https://ift.tt/TAMNoqd

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...