By Himanshi Lohchab
Tejas Networks’ stock plummeted after reporting a sharp revenue decline due to delays in a BSNL 4G project purchase order, impacting its financials. The company’s revenue fell drastically, leading to increased losses. TCS, also reliant on the BSNL deal, experienced a revenue dip due to the project’s slowdown, highlighting the contract’s significant influence on both Tata Group companies.