Bad news for Ratan Tata’s TCS after massive layoffs, IT giant loses Rs 5.66 lakh crore due to…, worst phase for company since…

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TCS, the flagship company of the Tata Group, has witnessed a rout of its market cap, which slumped from Rs 16.57 lakh crore to Rs 10.93 lakh crore, a decrease of Rs 5.66 lakh crore.