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India&rsquo;s largest IT services company&nbsp;Tata Consultancy Services (TCS)&nbsp;kickstarted the earnings season with Q1 earnings and it missed the street estimates as the second wave slowed down the Indian business while record hiring kept margins under pressure with rising salaries. Here are 5 metrics of the Q1 earnings -:&nbsp;

TCS&nbsp;dollar revenue growth a 2.8% vs street estimates of 3.4% growth&nbsp;
India business revenue dropped 14% due to the second wave&nbsp;
Attrition up 140 bps at 8.6%, Crossed 500,000 headcount with&nbsp;20,409 hires in Q1.&nbsp;
Margins down 140 bps due to salary hikes and higher spends.&nbsp;
Mgmt Speak:&nbsp;: Discretionary expenses are now beginning to increase and that these are expected to normalise to pre-pandemic levels by end-FY22 which may pose headwinds to margins.

TCS&nbsp;stock is up 8% from lows in May has underperformed peer Infosys that has given over a 15% return to the shareholders. Here is what brokerages are saying about the stock going ahead -:&nbsp;

CLSA: Earnings below estimate but wage hike and margin hit on expected lines. Keeps an Outperform rating and an Rs 3,770 target price.
Morgan Stanley:&nbsp;Despite a headline miss in revenues, we view underlying business momentum as very strong and continue to expect solid revenue growth in F22. Maintain Overweight with a price target of Rs 3,870.00


TCS Q1 Earnings: Second wave hits India biz, Milestone hiring. What to do with the stock now?

TCS&nbsp;earnings miss the mark, why are brokerages still bullish? Click here to see if TCS&nbsp;stock will play catch up to peers.&nbsp;

Earnings Alert

Despite a miss on the dollar revenue, the company reported total contract value of $8.1 billion for the quarter.&nbsp;

India&rsquo;s largest IT services company&nbsp;Tata Consultancy Services (TCS)&nbsp;kickstarted the earnings season with Q1 earnings and it missed the street estimates as the second wave slowed down the Indian business while record hiring kept margins under pressure with rising salaries. Here are 5 metrics of the Q1 earnings -:&nbsp;
<ul>
<li>TCS&nbsp;dollar revenue growth a 2.8% vs street estimates of 3.4% growth&nbsp;</li>
<li>India business revenue dropped 14% due to the second wave&nbsp;</li>
<li>Attrition up 140 bps at 8.6%, Crossed 500,000 headcount with&nbsp;20,409 hires in Q1.&nbsp;</li>
<li>Margins down 140 bps due to salary hikes and higher spends.&nbsp;</li>
<li>Mgmt Speak:&nbsp;: Discretionary expenses are now beginning to increase and that these are expected to normalise to pre-pandemic levels by end-FY22 which may pose headwinds to margins.</li>
</ul>
TCS&nbsp;stock is up 8% from lows in May has underperformed peer Infosys that has given over a 15% return to the shareholders. Here is what brokerages are saying about the stock going ahead -:&nbsp;
<ul>
<li>CLSA: Earnings below estimate but wage hike and margin hit on expected lines. Keeps an Outperform rating and an Rs 3,770 target price.</li>
<li>Morgan Stanley:&nbsp;Despite a headline miss in revenues, we view underlying business momentum as very strong and continue to expect solid revenue growth in F22. Maintain Overweight with a price target of Rs 3,870.00</li>
</ul>

Vivo's launched its flagship Vivo X60 Pro+ in India. It's a part of the premium X60 series for 2021, and includes the Vivo X60, Vivo X60 Pro and Vivo X60 Pro. In this video, we take a close look at the top-spec X60 Pro+, that comes with a quality camera system and the latest performance hardware. The Vivo X60 Pro+ gets a Qualcomm Snapdragon 888 processor. Specifications on the X60 Pro+ also include a 50MP quad camera setup with Gimbal Stabilisation 2.0 and Zeiss optics. The Vivo X60 Pro+ also sports an AMOLED display with 120Hz refresh rate, along with 12GB RAM and 256GB storage. X60 Pro+ gets a 4,200mAh battery with 55W fast charging. Vivo X60 Pro+ price in India is ₹69,990, and competes with phones like the OnePlus 9 Pro. Watch our Vivo X60 Pro+ smartphone review on Editorji, to see if it has what it takes to go up against other tech biggies!

Vivo X60 Pro+ Review: flagship grade camera and performance!

Vivo's launched its flagship Vivo X60 Pro+ in India. It's a part of the premium X60 series for 2021, and includes the Vivo X60, Vivo X60 Pro and Vivo X60 Pro. In this video, we take a close look at the top-spec X60 Pro+, that comes with a quality camera system and the latest performance hardware. The Vivo X60 Pro+ gets a Qualcomm Snapdragon 888 processor. Specifications on the X60 Pro+ also include a 50MP quad camera setup with Gimbal Stabilisation 2.0 and Zeiss optics. The Vivo X60 Pro+ also sports an AMOLED display with 120Hz refresh rate, along with 12GB RAM and 256GB storage. X60 Pro+ gets a 4,200mAh battery with 55W fast charging. Vivo X60 Pro+ price in India is ₹69,990, and competes with phones like the OnePlus 9 Pro. Watch our Vivo X60 Pro+ smartphone review on Editorji, to see if it has what it takes to go up against other tech biggies!

Mapping Cyber Security in India with Pukhraj Singh

If the recent revelation that China is collecting huge amounts of data on Indian individuals is anything to go by, it's safe to say that cyber threats have gone beyond the realm of popular belief where this happens largely between North Korea, Russia, USA and China. Mix this with the growing capabilities of the Indian state to collect information about its own citizenry, and we have a confusing concoction of what the Indian cyberspace is. Against such a background, it is crucial to understand just how equipped we, individually and institutionally, are to deal with threats, both, external and internal. Pukhraj Singh, cyber intelligence analyst and expert helps us dig through this through some basic questions:
1. What security and accountability strategies should be adopted while designing government databases?
2. What are some flaws within the Personal Data Protection Bill?
3. What type of cyber strategies have been adopted by different South Asian countries?
4. How do South Asian cyber strategies differ when compared to the rest of the world?
5. Will India exploit the cyber realm in the near future?

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