MUMBAI Shares in Tata Consultancy Services Ltd, India's largest software services exporter, surged 3.5 percent in pre-open trading on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook.
TCS said consolidated net profit for the quarter ended June 30 rose to 38.31 billion Indian rupees ($642.73 million) from 32.8 billion rupees a year earlier. That topped the 37.8 billion rupees average of 24 analyst estimates, according to Thomson Reuters I/B/E/S.
(Reporting by Abhishek Vishnoi; Editing by Supriya Kurane)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.