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FY 2024 News

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Mumbai and Chennai dominate the DC market, accounting for 70 per cent of India’s total IT power capacity, with Mumbai alone contributing nearly half at 49 per cent.  
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As a result, total funding for Indian startups fell sharply from $42 billion in 2021 to $25 billion in 2022, and further declined to just $10 billion in 2023. 
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TCS reported a 9 per cent increase in net profit at Rs 12,434 crore for the January-March quarter of FY24, up from Rs 11,392 crore in the same period of the previous year.






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