Where is global uncertainty?
USA has not imposed any reciprocal tariffs on Service exports. TCS is not at all impacted by this reciprocal tariffs as it is a service based company. None other nation has imposed any extra tariff on service exports. Then why wage hikes are delayed? Even goods exports reciprocal tariffs are delayed for 90days. Where is the global business uncertainty? TCS will be earning the same profits without any wage hikes! This is the vicious loop we are in!
This is not about profit or loss...USA and EU will never impose tariffs on service exports. Moreover it's clear from both sides that an Trade agreement will be signed by fall of this year. This is pure gimmick
Are you seeing the market condition after the reciprocal tariffs? Who do you think are going to be impacted due to the reciprocal tariffs? Enterprises aren't sure about the uncertain future that has come up due to Trump nanaji - so they will spend very cautiously. During a recession Enterprises will always choose to halt or lower their IT spend so that their day to day business is less impacted. When the actual impact happens the market will break loose.
They just wanted a reason to not give hike they got
These tariffs will impact indirectly TCS as our customers gets impacted and their IT budget will get reduced
