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Reports that TCS has inked a $100-million deal with US-based Kimberley Clarke saw the stock close almost three per cent higher on the BSE at Rs 1,106.25 on Tuesday. When contacted, the company refused to comment. In the recent past, the counter has been dogged by rumours of TCS being close to signing a deal with a US railroad company and a US-based oil company.

Deeptha Rajkumar

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