TCS Quarterly Results: The Good, Bad, and Ugly | The Daily Brief #145

In today's episode of The Daily Brief, we cover 3 major stories shaping the Indian economy and global markets:

1. TCS: Decoding India's IT Giant's Performance
We’ll explore TCS’s latest quarterly results, showing revenue growth and mixed performance across sectors and regions. From BSNL project updates to AI-driven transformations, the story delves into challenges like changing client demands and evolving business models in the IT industry.

2. Rural Transformation: India's Poverty Decline
Dive into how India's rural poverty levels have sharply reduced, thanks to improved infrastructure, government schemes, and higher incomes. This transformation is reshaping rural consumption patterns and bridging the gap between urban and rural living standards.

3. India's Investor Boom vs. Advisor Shortage
We’ll talk about India’s investor base tripling to 11 crore in a few years, highlighting the paradox of a shrinking pool of Registered Investment Advisors (RIAs). The story emphasizes the growing need for expert guidance amidst a surge in new investors.

Timestamps:
00:00 Stories Coming Up!
00:28 Intro
00:45 TCS Quarterly Results: A Mixed Bag
07:14 India’s Villages on the Rise: SBI Report Insights
12:22 Who Will Guide India’s Growing Investors?
17:38 Tidbits

Listen to this episode on your preferred podcast platform:

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Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.

[srishtigupta]

Thank you for bringing old format back!
I absolutely love it! :)

[anis.hdsouza]

You guys are not appreciated enough. Keep up the good work ❤

[aniruddha_nyati]

the big transformation In this particular case seems to be just manipulating the data to suit one needs!!

[ukuk]

No census for 14 years. Poor and old data

[HarishIyer]

These videos are so helpful. Please keep making them ❤

[RishulNayak-sh]

Thank you go much, please never stop making this! <3

[wizblickmaster]

Keep up the great work, always enjoy your content

[mouryarakesh]

Love to start the day with daily brief

[ukuk]

Zero balance bank accounts? Jan Dhan did not help. Added costs for banks

[yuvanpradeepcm]

Thanks for the briefing Anurag!

I would request the team to bring up the topic of underdeveloped coroporate bonds for investment led infra growth in India on Sunday's show! The reason for my request is India's corporate bond market is barely minimal in comparison with global average, Shedding light on these topics would help the people understand the anatomy of macroeconomics which is country's growth via private sector investment and capital intensive manufacturing and the investors on microeconomics which is manuvering the corporate bond markets for their investments if opportunities arise in the future.

Thanks in advance

[freedom_in_choas]

@marketsbyzerodha pls bring aftermarket wrapup session video....eagerly waiting for it.♥️

[atishlp]

2nd story about rural consumption seems more of a PR for govt then the actual facts.

The rural consumption rise seen as the monsoon was good this harvesting time and most of the farmers had good yield on their crops which bring in more revenue. Only future data will tell was it enough for them to save and spend for more quarters to come.

[atishlp]

Also I live in Tier 2 cities and here labour cost for building a home like mistri we say charges around 700 to 800 INR per day which is drastic uptick and they still struggles sometimes as not more houses are building in market.

[hypertiq]

If someone is earning 900 in the year 2010 and he is earning 1200 in 2025. He was poor in 2010 and not poor in 2025.
But where did inflation go? Things are now 3-4x more costlier. In reality, people are still poor and struggling and we are here comforting ourselves that things are getting better.

[ishanarora]

Commentary on data of poverty in country needs to be more detailed. Comparison with Global Poverty standards should be made. Also last Census was held 14 years back. Don't know what is government cooking inside.

[ChitroBitan]

Since first episode you always talked about 'interesting stories' by pulling curtain to hide the truth!
But time is gradually exposing it with foul smell and you are losing you credibility. Please try to be more realistic and data based. Actually your research works are mainly propaganda based ---

[Sandeep-kew]

Too much bass from mic really irritating

[RudhaTR]

It would be wrong to say AI is overhyped atp. Currently srudying and researching in its domains, it has profound practical applications. Personally it makes what took a week earlier possible in a day and greatly simplifies and abstracts details..
The real provlem is in what 'form' it can be made available. Cause a lot of its functions now arent that intuitive for the layman to use. Which needs to happen for its adoption to skyrocket