The overall momentum is very strong, said the company CEO.
Banking and telecom will see the highest impact of this transition.
TCS reported a 5.8 per cent rise in revenue at Rs 27,165 crore.
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
Canadian handset maker BlackBerry on Friday said it has narrowed its net loss for the second quarter ended August 31, 2014 to $207 million compared to the previous year helped by increased adoption of its BlackBerry Enterprises Service (BES) and handset sales.
IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore for the quarter ended September 2016.
Networking solutions giant Cisco will lay off up to 6,000 employees globally, including India, after it reported a marginal decline in profits and revenues for the fourth quarter.
A negative net worth implies the company's liabilities are more than its assets
Tesla, which produces the luxury Model S sedan and Model X sport utility vehicle, aims to become a high-volume automaker in a matter of years
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
TCS is likely to hire hire 55,000 employees in FY15 .