MCX results are out. Company posted net loss and the reason citied is Settlement Guarantee Fund and payments made to software vendor (63 moons – 125 cr + taxes for the quater). Assume similar amount will be paid for December quater too. Post that i am assuming payments will be made to TCS only.
Does anyone has any idea on what will be the cost to be paid to TCS? What will be the cost savings by switching to the new platform? Understand that the new platform will be scalable and easily maintainable.
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