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TCS Q1FY18 review: Disappointment part of the transformation journey

TCS Q1FY18 review: Disappointment part of the transformation journey

TCS Q1FY18 review: Disappointment part of the transformation journey

For TCS shareholders, volume growth of 3.5 percent would be positive only in the number of terms in June. Management appeared positive while announcing the March figures, but that did not appear in the June results.

The giant suffers pain “transformation” forced by the rapid evolution of landscape technology. Investors should lower their expectations until new companies to offset the pressure on traditional services.

At the arrival of USD 4591 million in dollars of increase of 3.1% sequentially. Income growth in constant currency was 2%, while growth in the underlying volume was 3.5%.

The difference of 150 basis points was due to price erosion. Income growth of the rupee was flat at Rs Rs 29,584 due to the strong rupee.

The operating margin was a disappointment, falling sequentially 240 basis points to 23.4 percent. The Company granted 150 basis points to the revision of salaries and 80 basis points to the depreciation of the rupee.

Remember, two months later, management was confident to maintain a 26-28 percent margin after the figure had fallen slightly to 25.7 percent in the March quarter.

The other area that deserves attention is the anemic growth in the areas declared BFSI (Financial Services Banks and Insurance) retail and CPG, which represent almost 45% of sales.

While these two areas have been disappointing for some time, management must still look forward to its future. Management has indicated that, although a rebound in BFSI was observed this quarter, more offers must be fructified before they become constructive.

A new area called “regional markets and others” appeared in the report format that will capture the company’s volatile revenues (especially new geographies / smaller markets).

After robust hiring in the previous quarter, the same deceleration considerably during the current period.

The bottom line has been positive in terms of agreement with the company asserting discounts received eleven deals – seven from North America, two in Europe and one in Asia Pacific and the UK.

The big choice for long-term investors is the growing importance of digital technology in the business.

TCS has terminated reporting by verticals (such as development / application infrastructure, etc.) as of this quarter as more and more business is positioned to take advantage of opportunities in the digital space.

A new group called Business & Technology Service Group (BTS) was created, led by a high-performance company.

The three verticals of this group would be: Digital transformation services, consulting of cognitive and business operations and system integration. TCS begin declaring business in new vertical markets redefined in some sectors.

The proportion of digital revenues from 17.9% to 18.9% improved. It appears digital to improve its share of about 100 basis points every quarter (about 400 basis points per year).

Although the size of digital bids increased compared to the past, they are still not enough to offset the large profitability loss due to traditional services.

Despite the disappointment and slowdown gains (which is unlikely to exceed a single digit in the next two years), we believe that TCS is well underway on this technological transformation journey.

Given its size, the high-margin digital piece from a major contributor to revenue, however, takes time.

Given the growth prospects, it is unlikely that the 17.1X assessment projects earnings for the year 18 or even for long-term investors. Expect a big discount to become constructive.

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SSB gets intel wing to check ‘friendly’ Nepal border

SSB gets intel wing to check 'friendly' Nepal border

SSB gets intel wing to check ‘friendly’ Nepal border

NEW DELHI: The Government has approved an intellectual sector in its entirety Sashastra Seema Bal (SSB), which monitors the border between India and Nepal and India and Bhutan.

The measure, according to the authorities, could give a boost to the operational efficiency of SSB because there would be 650 jobs qualified to collect information for these borders. SSB protect these borders where there are no restrictions on the movement of people from both sides.

Authorities said it was necessary that the SSB intelligence wing is considered the entire border area consists of densely populated hills and plains, thick jungles, underdeveloped regions and inhospitable terrain and the border population on both sides has strong regional growth, Cultural and economic.

“There is a cross-border movement of criminals and anti-national elements that constitute a major challenge for the border as part of the visa-free regime.

Most of the border sections are acitivist Indian insurgent groups ISI (GII), left-wing extremism (LSA) infested, fundamentalists, gun smugglers / ammunition, narcotics, Indian counterfeit currency and human smugglers.

In addition, several other anti-Indian forces with the help of hostile groups are also trying to create problems on the Indian side, “said SSB PRO, Manoj Keshav.

It was necessary that integrated border management and the information wing help to participate.

“It is estimated that higher capacity than a well-connected network with intelligence that can operate and provide the main requirement is a comprehensive border management.

It was certainly essential for SSB operations to be based on intelligence to prevent offenders and traffickers from taking advantage of friendly borders with Nepal and Bhutan, “he said.

SSB has submitted a proposal to MHA for the establishment of a line of information to improve the effectiveness and mandate of the operational force on borders and internal security tasks in J & K tasks and anti-Naxal in LSA areas.

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Tillerson says Qatar resolution may take a while

Tillerson says Qatar resolution may take a while

Tillerson says Qatar resolution may take a while

Washington’s Secretary of State Rex Tillerson said his diplomatic work to resolve a dispute between Qatar and four Arab countries could have produced a greater possibility of direct negotiations but warned that the dispute “may take some time.”

“I think there is a feeling that it will be changed at least open to talk to each other and this was not the case before coming,” said Tillerson, speaking in reporters plane after his departure from Doha, Qatar.

“We have filed documents with both sides while we were here, which sets out some ways forward.”

However, he added that some issues will be complex “so the final and final resolution may take some time.”

The top US diplomat spent the first part of the week to travel between Turkey, Kuwait, Saudi Arabia and Qatar in an attempt to resolve a dispute that complicates the administration’s priority trump defeat ISIS.

All countries are members of the anti-ISIS coalition and Qatar is home to the largest US military base in the Middle East.
“The four countries are very important to the United States,” said Tillerson. “We have relations with four of them that are very important from the point of view of national security.”

For now, however, Tillerson pointed out that the parties “do not even talk to each other at any level”.

The goal is to discuss the problems face-to-face, Tillerson said. “There is a long list of problems, but it has also provided us with advice on how they might think we deal with it,” he added.

The interviews helped to understand how “some of these problems are emotional,” said Tillerson, who said he had spoken to sparring neighbors “every two days,” as the course began on June 5 as a diplomat

Saudi Arabia, Bahrain, the United Arab Emirates and Egypt broke diplomatic relations with Qatar, which it accuses of supporting terrorism. Its airspace was closed to the airline of Qatar.

They also banned their citizens from traveling to Qatar or residing in Qatar after giving the citizens of Qatar 14 days to leave the country after the decision was announced on June 5

The dispute reflects the long frustration with Qatar’s foreign policy in the Gulf, including its support for Islamist groups and its relations with Iran, with which Qatar shares the largest gas reserves in the world.

Officials said Gulf restrictions would remain in place until Qatar to meet a series of demands, including the separation of all ties with Iran and “terrorist” groups, the closure of the Qatari media organization to the Yazira, the end of Military cooperation with Turkey and halt the construction of a Turkish military base in its territory and align its foreign policy, military and political relations with its neighbors. Qatar rejected these requests.

Tillerson said that part of his approach was to try to divide the areas of disagreement into “buckets, if you will, I think they are easier to deal with.”
“As for some things in these categories,” said Tillerson, “I think it can be addressed relatively quickly, some of them will be more complex, it will take more time.”

During his trip, Tillerson signed a memorandum of understanding between the United States and Qatar in the fight against terrorism, saying he hoped it could help facilitate progress in the conflict.

However, the other four States responded with a joint statement that the announcement of the memorandum was “insufficient” and that sanctions against Qatar would continue until “just and complete applications ensure that terrorism is treated and that stability and security Established in the region. ”

The statement thanked the United States. Claiming that the memorandum was the result of “repeated pressure and demands” from the four nations to Qatar “to prevent their support of terrorism.” Qatar denies that it finances and supports extremist groups.

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An elephant was stranded nine miles out to sea. Then the Sri Lankan Navy arrived.

An elephant was stranded nine miles out to sea. Then the Sri Lankan Navy arrived.

An elephant was stranded nine miles out to sea. Then the Sri Lankan Navy arrived.

Of all the animals in the world to stay in the ocean, some are more likely to survive an elephant, with its natural floating and integrated snorkel.

But even strong elephants will need a side, and perhaps a fleet of Navy ships.

The dramatic 12-hour operation sequence in the morning Sri Lanka Armada showed on Tuesday a thick elephant cloak desperately nine miles off the coast.

Accidental waves threaten to seize him, forcing the elephant to pull oxygen from his overturned trunk.

The animal was first discovered by a Sri Lankan naval vessel on a routine patrol in the coastal city northeast of Kokilai. The rescue effort has swollen to three other ships and a team of Navy divers.

The use of ropes and advice provided by officials of the Department of Wildlife, the team returned to the elephant on the land, where it was handed over to officials of the wildlife office, said the Sri Lankan Navy in a statement.

Chaminda Walakuluge, a spokeswoman for the Sri Lankan Navy, told AFP that the elephant was probably caught in a hangover stream crossing the Kokkilai lagoon a mass of coastal water trapped in the jungle on either side.

“They usually run through shallow water or even swim through a shortcut. It’s a miracle escape for the elephant,” said Walakuluge AFP.

Joyce Poole, co-founder of the conservation group of elephants voices, told The Washington Post that “elephants are considered the best swimmers of all terrestrial mammals, excluding trained human swimmers.”

Poole said the elephant in the video looked tired, presumably to stay afloat for an indeterminate period of time. His swimming skills that pose a hazard are not new, he said.

“I remember the theft of the 1990s stages through deserted islands off the coast of Kenya near the border with Somalia and see the bones of elephants who were killed there,” Poole said. “Obviously, they swam from the mainland to the island to meet their death.”

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600 yrs after Zhang He, first base overseas: Reading signals from China’s new military base at Africa’s Horn

600 yrs after Zhang He, first base overseas: Reading signals from China’s new military base at Africa’s Horn

600 yrs after Zhang He, first base overseas: Reading signals from China’s new military base at Africa’s Horn

In the first quarter of the 15th century, the great Chinese admiral Zheng He sailed in the Indian Ocean, carrying seven expeditions to Indonesia, Southeast Asia, India and even the Horn of Africa. According to the medieval Chinese records, its huge 1405 expedition included 27,800 men and a fleet of 62 treasure, with the support of about 190 small vessels.

Zheng He’s travels were considered earlier and were larger shipments of Christophe Colomb.
China’s great maritime tradition, however, was disrupted by the Haijin, or banning the sea, imposed by its imperial leaders as part of the defense against pirates in the South China Sea.

This week, Beijing has dispatched personnel in Djibouti, its first overseas military base, marked the official return of Chinese maritime expansionism – and sent some tremors of concern in the world capitals, including New Delhi.

“In recent years, the government and the EPL sponsored a campaign to promote a sense of the ocean among civilians.

Now the country is represented both as a continental power and a Pacific power. Contrary to the traditional view of the yellow culture that glorified the history of central China, Chinese scholars now want to bring their people a notion of blue culture (the culture of the ocean), “You Ji, Professor of the School of Politics, University of New South Wales, Australia, wrote in the book, China increased nationalism and interdependence.

In the chapter “A Navy Blue Water, What’s Important” that is currently professor and head of the government department of Public Administration at the University of Macau, recalled the legendary blue water trips of Zheng He:

“The message is clear.If China had developed a sense of the ocean 600 years ago, it would have long been a superpower if China always adheres to its policy of yellow land, it will never accept its rightful place in the world.

As two Chinese Navy warships abandoned the Zhanjiang military port of Guangdong to Djibouti Tuesday with an unlimited number of soldiers on board, an editorial in the state of the Global Times focused on the strategic importance of the new facility in the Mouth of the Red Sea.

“No doubt this is the first base on the outside of the People’s Liberation Army and we will base the troops there. This is not a commercial order point … This base can support China’s navy to go further, which means Much, “the paper said.

However, the Global Times also said that the main role of the base would be to support Chinese warships in anti-piracy and humanitarian missions in the region. “It does not seek to control the world,” he said.

But for many who watch China’s maritime ambitions, the establishment of overseas base in East Africa suggests a fundamental change in Beijing declared “up-to-date” policy.

This also raises the possibility of an “advanced deployment” from India – Gwadar port in Pakistan, where deployment is currently proposed to “protect” the Chinese workers at the facility.

Anyway, some of the South Block officials have pointed out, Djibouti is only 1525 nautical miles from Gwadar – a distance that can be traversed in approximately 6 days at sea.

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Recommended by Kiwi woman killed watching plane take off on Caribbean island

Recommended by Kiwi woman killed watching plane take off on Caribbean island

Kiwi woman killed watching plane take off on Caribbean island

A New Zealand woman, who died after being hit by the blast of a plane to St Maarten in the Caribbean came to the island in a private boat.

The 57-year-old tourist died after being seriously injured when he was snatched by the departure of a Boeing 737 from 18 pm Wednesday (local time), police St Maarten reported, adding that she was one of many people who Were on the airport fence you see the takeoff.

The woman stood on the airport fence, watched the takeoff before being killed.

The Department of Foreign Affairs and Trade said that the High Commissioner of New Zealand in Barbados was in contact with the relatives of the woman’s parents and was providing consular assistance.

The Tourism Director of St. Maarten Tourism Bureau, Rolando Brison said that he had talked with members of the woman’s family to the hospital.

“They are obviously very distressed,” Brison said.

Police said the proximity of the airstrip at Princess Juliana International Airport on Maho Beach was an attraction for tourists from around the world.

“Many tourists come to the island to experience the thrill of approaching landing (sic) aircraft flying over their heads and clinging to the airport closure and getting in the way of a large plane.

The fence at the end of the track is on the ground, and there are some low walls between it and the beach.

The fence at the end of the track is on the ground, and there are some low walls between it and the beach.

Brison said the family of the dead woman knew the danger. “They’re sorry, that’s unfortunate. They knew the danger, they just did not think it would end.”

Family members were assisted, including transportation to the funeral home, as they arrived on the island on a personal boat. It was confirmed that they were from New Zealand, Brison said.

The tourist office has sent their condolences to the family.

The police statement said the woman who died was one of the many people who were at the airport shutdown during the takeoff of a large plane

When the paramedics arrived on the scene, the woman “does not respond very well.” Local media reports said he hit his head on the concrete.

Police said the woman was transferred to San Martin Medical Center, but died shortly after her injuries.

Airport and other local authorities have taken all necessary measures such as the appearance of signs to warn the public not to oppose the explosion of the plane because of the danger, police said.

“The police daily watches over the area during difficult times to warn people to stay away from the area of ​​the aircraft to take off.”

Brison said other measures were discussed “to ensure that this isolated incident remains the only one of its kind on the island.”

The end of the airport runway is separated from the Maho beach by a two-lane road. Many songs on YouTube show people standing on a wire mesh fence between the end of the track and the road.

There is also a small, apparently concrete wall between the lanes on the road and another wall where the road meets the beach.

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Donald Trump deeply saddened by death of Liu Xiaobo: White House

Donald Trump deeply saddened by death of Liu Xiaobo: White House

Donald Trump deeply saddened by death of Liu Xiaobo: White House

US President Donald Trump is deeply saddened by the death of Chinese nobleman Liu Xiaobo, the White House said. Liu, 61, was awarded the Nobel Peace Prize in 2010 in jail and was represented by an empty chair at the ceremony in Oslo, died Thursday because of organ failure after a fight against cancer While still in custody.

“President Donald J Trump was deeply saddened to hear of the death of the Nobel Peace Prize winner and the very important Chinese political prisoner Liu Xiaobo,” said White House press secretary Sean Spicer.

“The president’s condolences go to Liu Xiaobo’s wife, Liu Xia, and his family and friends.

A poet, a scholar and a brave defender Liu Xiaobo dedicates his life to the pursuit of democracy and freedom, “Spicer said in a statement.

Today the world lost a hero of freedom and freedom, said Senator Ted Cruz, Republican Senator from Texas.

Liu Xiaobo, a voice of the voiceless and the defender of the oppressed in communist China, has died. Although the physical cause of death is cancer, the main battle Dr. Liu was one of the souls, he said.

Since leaving America’s security and comfort to head the protests in Tiananmen Square in 1989, Liu has sealed his fate as a home to the persistent persecution of the authoritarian People’s Republic of China, Cruz said.

“Re-education through work” and deprivation of property to unjust imprisonment and physical mistreatment, Liu has violated the Communist Party’s rage for having dared to question his system of immoral political oppression as co-author of “Letter 08” A manifesto of Chinese freedom that comes now more than ever, he added.

Senator John McCain said that Liu Xiaobo’s death in a Chinese prison represents a flagrant violation of fundamental human rights that Dr. Liu has spent his life.

“Unfortunately, as Dr. Liu would have wished to remind everyone that today is the latest example of Communist China’s aggression against human rights, democracy and freedom,” he said.

A Nobel Peace Prize winner who was poorly taken prisoner by the Chinese government for nearly a decade, Liu was a human rights defender in his lifetime, McCain said.

Protesting in Tiananmen Square to draw up a manifesto on human rights in which he was unjustly imprisoned, Dr. Liu was relentless in his quest for a democratic China.

As he suffered from liver cancer late in prison, the Chinese government’s processing delay was the latest brutal violation of Dr. Liu’s human rights, he said.

The news of Liu Xiaobo’s death today is more tragic for his beloved wife, Liu Xia, his family and for the millions of supporters of his courageous efforts to defend human rights and democracy in China, said Senator Marco Rubio.

“As we mourn the death of Liu Xiaobo and pray for his family, there are urgent matters that require top diplomatic attention in the coming days.

“Dr. Liu’s family is to receive his remains and will be allowed to honor and bury him as he sees fit. Liu Xia should immediately receive an exit visa and let himself out of China for a country of his choice,” he said. .

“There must be an independent inquiry into the circumstances surrounding the death of Dr. Liu, his treatment during detention, the timing of his late liver cancer diagnosis and countless more questions to be answered.

“Chinese authorities are accomplices to unjust imprisonment and death should be punished immediately and their property frozen under the Magnitsky Global Law,” said Rubio.

Sander Levin MP said that Liu Xiaobo was an inspiration to millions of people around the world.

“History will remember Liu as a giant who sought to advance the debate on democratic governance, human rights and the rule of law in China and how the Chinese authorities abused them and other human rights activists,” he said.

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