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Currency can be a tailwind or headwind for margins, says TCS CFO V Ramakrishnan IT major TCS reported slowest revenue growth in eight quarters in the third quarter but net profit met street estimates and margins topped expectations.
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Burgernomics: How the Big Mac suggests the shekel is too weak ... and American cheese suggest that the Israeli currency actually remains too ... that may present a "better guide to the current fair value of a currency.".
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