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Tata Consultancy Services

TCS invests over Rs 72 crore to bolster innovation in South America with a new 10-year partnership

TCS invests over Rs 72 crore to bolster innovation in South America with a new 10-year partnership

Wed, Oct 30, 2024

The TCS-Insper collaboration will foster academic research, create technology prototypes, and organize seminars, hackathons, and tech discussions. TCS clients in the South American region will have exclusive access to Insper’s research and innovation insights.

TCS Q2FY25 Results Takeaways: PAT, revenue, attrition rate, margin, and interim dividend announced in Tata group IT firm's July-September results

TCS Q2FY25 Results Takeaways: PAT, revenue, attrition rate, margin, and interim dividend announced in Tata group IT firm's July-September results

Thu, Oct 10, 2024

TCS Q2FY25 Results Takeaways: The IT company's consolidated profit after tax (PAT) in the second quarter jumped 5 per cent to Rs 11,909 crore from Rs 11,342 crore Year-on-Year (YoY).

TCS launches new Internet of Things engineering lab in the US

TCS launches new Internet of Things engineering lab in the US

Tue, Jun 11, 2024

The lab in Cincinnati, Ohio, is designed to support the rapid prototyping, experimentation and large-scale implementation of AI, GenAI, and IoT engineering solutions, TCS said in a statement.

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M-cap of top 10 companies erodes by over Rs 1 lakh crore

M-cap of top 10 companies erodes by over Rs 1 lakh crore

Sun, Feb 11, 2018

TCS, the country's most valued firm, suffered a loss of Rs 33,854.18 crore in its market capitalisation (m-cap) to reach Rs 5,68,983.70 crore.

TCS joins global reskilling initiative to train 10 million people

TCS joins global reskilling initiative to train 10 million people

Fri, Jan 26, 2018

TCS chief Rajesh Gopinathan said digital technologies are "transforming the world around us - including the way we work and the nature of relationships between businesses and employees".

Are IT stocks next lucrative picks?

Are IT stocks next lucrative picks?

Wed, Jan 24, 2018

IT is the most undervalued sector in current market, there will be a lot of sectoral rotation with money moving out of inflated sectors particularly NBFCs, says an analyst

TCS bags biggest-ever deal of over $2 billion from Transamerica

TCS bags biggest-ever deal of over $2 billion from Transamerica

Fri, Jan 12, 2018

The contract, which entails transforming Transamerica's US insurance and annuity business lines, comes close on the heels of a mega deal TCS had clinched from television rating measurement firm Nielsen.

TCS' Q3FY18 consolidated profit at Rs 6,545 crore; constant-currency revenue grew by 6.2% yoy

TCS' Q3FY18 consolidated profit at Rs 6,545 crore; constant-currency revenue grew by 6.2% yoy

Thu, Jan 11, 2018

A Bloomberg poll of experts predicted consolidated net profit and revenue to be at Rs 6,532 crore and Rs 31,000 crore in Q3FY18.

Smallcap, Midcap indices extend gains; D B Realty, IVRCL lead the rally

Smallcap, Midcap indices extend gains; D B Realty, IVRCL lead the rally

Fri, Dec 22, 2017

Sensex opened at 33768.47 points. On the BSE, at 1.15 pm 1635 stocks advanced, 946 stocks declined and 166 remained unchanged. In the Nifty index, 35 stocks advanced, 15 declined at 1.15 pm.

HDFC, HDFC Bank, ONGC, Bharti Airtel, Tata Motors, TCS in focus today

HDFC, HDFC Bank, ONGC, Bharti Airtel, Tata Motors, TCS in focus today

Fri, Dec 22, 2017

HDFC has approved the sale of 100% of its equity share capital of HDFC Developers and HDFC Realty to Quikr India for Rs 101.99 cr and Rs254.98 cr, respectively. The stock is trading flat after hitting the day's high of 1715.85 on the NSE.

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Fri, Dec 08, 2017

Country's top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study.

Top 9 cos take Rs 81,804 crore hit in market cap

Top 9 cos take Rs 81,804 crore hit in market cap

Sun, Dec 03, 2017

Barring Maruti Suzuki India, rest of the nine companies including, State Bank of India (SBI), Infosys, Tata Consultancy Services (TCS) and HDFC suffered losses in their market capitalisation (m-cap) for the week ended Friday.

Seven of top-10 most valued cos add Rs 54,174 crore in mcap

Seven of top-10 most valued cos add Rs 54,174 crore in mcap

Sun, Nov 26, 2017

Barring Tata Consultancy Services (TCS), SBI and HUL, rest seven companies, including HDFC Bank and ITC saw addition in their market capitalisation (m-cap) for the week ended Friday.

TCS Q2 net profit down 2.1% to Rs 6,446 crore

TCS Q2 net profit down 2.1% to Rs 6,446 crore

Thu, Oct 12, 2017

The Mumbai-based company had posted net profit of Rs 6,586 crore in the July-September quarter of last fiscal, the company said in a BSE filing.

Q2FY18: What do analysts expect from TCS?

Q2FY18: What do analysts expect from TCS?

Thu, Oct 12, 2017

TCS disappointed analysts expectation by witnessing drop of 5.85 in consolidated net profit to Rs 5,950 crore in Q1 versus Rs 6,318 crore during the same period last year.

Face of Tata group to change in next decade, Ratan Tata says

Face of Tata group to change in next decade, Ratan Tata says

Thu, Sep 21, 2017

Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Fri, Aug 18, 2017

Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.

No change in share buyback plan after Sikka's resignation, Infosys says

No change in share buyback plan after Sikka's resignation, Infosys says

Fri, Aug 18, 2017

On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.

Indian markets stand out as compared to other emerging markets: Mark Mobius

Indian markets stand out as compared to other emerging markets: Mark Mobius

Mon, Aug 07, 2017

Mark Mobius, Fund manager at Franklin Templeton Investments believes Indian markets to outperform as compared to other major emerging markets.

We'll definitely prune the portfolio: Tata Sons Chairman

We'll definitely prune the portfolio: Tata Sons Chairman

Sun, Jul 23, 2017

Emphasising that there will "definitely" be pruning of the Tata portfolio, Tata Sons Chairman Natarajan Chandrasekaran has said that the company will not exit a business "just to get a headline" but only when it is certain it is not getting returns from it.

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Fri, Jul 14, 2017

Tata Sons on Thursday announced the appointment of Aarthi Subramanian as the Tata Groups Chief Digital Officer. According to the company, Subramanian, in her new role, will report to N. Chandrasekaran, Executive Chairman of Tata Sons.

TCS says attrition is down, women employee count at all-time high

TCS says attrition is down, women employee count at all-time high

Thu, Jul 13, 2017

TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Thu, Jul 13, 2017

Tata Consultancy Services' net income in Q1FY18 stood at Rs 5,945 crore, a decline of 5.9% on year-on-year basis and 10% on quarter-on-quarter basis.

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