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TCS

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.

HDFC Life, HDFC AMC, Rallis among 25 companies set to report results on Tuesday

HDFC Life, HDFC AMC, Rallis among 25 companies set to report results on Tuesday

Tue, Oct 15, 2024

More than two dozen companies are scheduled to report their quarterly numbers on Tuesday, October 15, including HDFC Life, HDFC AMC, Bank of Maharashtra and PVR INOX. On Monday, HCLTech reported a strong set of results for the July-September period.

TCS Q2 FY25 Results: Tata group IT giant kicks off earnings season; profit down 1% sequentially, misses Street expectations

TCS Q2 FY25 Results: Tata group IT giant kicks off earnings season; profit down 1% sequentially, misses Street expectations

Thu, Oct 10, 2024

TCS Q2 FY25 Results: Tata Consultancy Services (TCS) kicked off the earnings season on October 10. The Mumbai-headquartered IT giant said its stable quarterly performance "demonstrates the resilience of its diversified portfolio" while its growth markets outperformed the company average.

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TCS hiring techies; Is the job for you? Find out

TCS hiring techies; Is the job for you? Find out

Wed, Jun 06, 2018

IT services major Tata Consultancy Services (TCS) would go for agile recruiting, or on-demand hiring, owing to increased automation in the software delivery process, a company official said today

Good news for TCS shareholders, firm to distribute 80-to-100 percent of free reserves, free cash

Good news for TCS shareholders, firm to distribute 80-to-100 percent of free reserves, free cash

Tue, Jun 05, 2018

India’s Tata Consultancy Services Ltd. is bunching the 477 billion rupees ($7.1 billion) of its cash reserves in short and long-tenure securities to balance its need for easy liquidity with safety as it looks to make significant payouts to shareholders each year

Over Rs 7 lakh crore market cap; TCS continues to make history, even surpasses analysts’ estimates

Over Rs 7 lakh crore market cap; TCS continues to make history, even surpasses analysts’ estimates

Sat, May 26, 2018

Philanthropists Warren Buffet once rightly said, “The stock market is designed to transfer money from the Active to the Patient.” This quote surely comes as a lesson for investors of IT-giant Tata Consultancy Services (TCS) as patience is key on investing in equity shares and the company has mana

TCS expands operations in Florida as part of Transamerica deal

TCS expands operations in Florida as part of Transamerica deal

Wed, May 23, 2018

In January, Tata Consultancy Services (TCS) had signed an over USD 2 billion deal with Transamerica to administer the latter's life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products.

Nine of top-10 Sensex firms add Rs 65,129 crore in valuation; know here which are these

Nine of top-10 Sensex firms add Rs 65,129 crore in valuation; know here which are these

Sun, May 13, 2018

Tata Consultancy Services (TCS) was the only one to see erosion from its m-cap, while the rest nine companies, including HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and HDFC registered gains. Over the last week, the m -cap of Reliance Industries Ltd (RIL) soared Rs 21,920.73 crore to Rs 6,26,261.50 crore

What is TCS next step? N Chandrasekaran explains

What is TCS next step? N Chandrasekaran explains

Wed, Apr 25, 2018

After TCS share price creates history, Tata Sons Chairman N Chandrasekaran said company is poised to leverage the global digital opportunity. Chandrasekaran said in a statement that the "Digital era" is going to be a large opportunity for TCS.

After TCS share price steals spotlight, Infosys CEO Salil Parekh unveils road map ahead

After TCS share price steals spotlight, Infosys CEO Salil Parekh unveils road map ahead

Mon, Apr 23, 2018

In a detailed presentation to analysts, Infosys CEO and MD Salil Parekh said the company is betting on growth with strategic investments and "will invest in inorganic moves to expand client relevance". This comes in wake of rival Tata Consultancy Services Q4 being announced, which caused TCS share price to zoom and enter the $100 bn club, although it closed short of that mark today

TCS $100 bn market cap makes new history; outruns Sensex, Nifty and many others

TCS $100 bn market cap makes new history; outruns Sensex, Nifty and many others

Mon, Apr 23, 2018

After touching a 52-week high of Rs 3557 on BSE, TCS share price finished at Rs 3415.20 on the index, higher by 0.26%.

IMD forecast: Monsoon outlook powers Nifty, but volatility on way

IMD forecast: Monsoon outlook powers Nifty, but volatility on way

Mon, Apr 23, 2018

The Information Technology (IT), FMCG and Metal sectors outperformed gaining between 4-5% taking cues from the strong rally in base metal prices on LME. Tata Consultancy Services (TCS) results and guidance were above street expectations and it became India’s first company with a market capitalisation of Rs 6.5 lakh crore.

6 of top 10 Sensex firms add Rs 91,153 cr in valuation; know here which are these

6 of top 10 Sensex firms add Rs 91,153 cr in valuation; know here which are these

Sun, Apr 22, 2018

While Tata Consultancy Services (TCS), HDFC Bank, ITC, HUL, Infosys and Kotak Mahindra Bank were on the biggest gainers, Reliance Industries (RIL), HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap). The m -cap of IT major TCS soared Rs 48,890.9 crore to Rs 6,52,082.92 crore, becoming the biggest gainer among the 10 most-valued firms

TCS all set to be India's first $100 bn company; as shares surge, investors richer by Rs 41,301 cr

TCS all set to be India's first $100 bn company; as shares surge, investors richer by Rs 41,301 cr

Fri, Apr 20, 2018

TCS market capitalisation had in January 24 this year surged past the Rs 6 lakh crore mark. The stock jumped 6.76 per cent to settle at Rs 3,406.40 on BSE today. During the day, it soared 7.22 per cent to its 52-week high of Rs 3,421.25. On NSE, shares of the company rose sharply by 6.62 per cent to close at Rs 3,402.45. TCS stock was the top gainer on both Sensex and Nifty.

Buy! This multibagger IT stock hit lifetime high today, and no, it's not TCS

Buy! This multibagger IT stock hit lifetime high today, and no, it's not TCS

Fri, Apr 20, 2018

The Hyderabad-based company posted 16.2 per cent rise in net profit at Rs 121.5 crore for the quarter ended on March 31, 2018, compared to the year-ago period.

TCS Q4 results 2018: This is reason why tech firm's profit soared

TCS Q4 results 2018: This is reason why tech firm's profit soared

Fri, Apr 20, 2018

The company had reported a net profit of Rs 6,608 crore in the same period last fiscal, TCS said in a regulatory filing. Moreover, the company’s board recommended a 1:1 bonus share issue. The Tata Group company, which accounts for a lions share of the group’s overall profit, reported a revenue growth of 8.2% at Rs 32,075 crore for the said quarter, up from Rs 29,642 crore a year earlier.

TCS Q4 results 2018 key takeaways: From profit, attrition to salary hike, what you must know

TCS Q4 results 2018 key takeaways: From profit, attrition to salary hike, what you must know

Thu, Apr 19, 2018

TCS Q4 Result 2018: Analysts on average had expected the TCS to report a profit of Rs 67.98 billion, according to Thomson Reuters data. "Strong demand in digital across all industry verticals and large transformational deal wins have made this one of our best fourth quarters in recent years. The strong exit allows us to start the new fiscal on a confident note," said Rajesh Gopinathan, CEO and MD, Tata Consultancy Services.

TCS Q4 Result 2018 highlights: Tata Consultancy Services gives Rs 29 per share dividend

TCS Q4 Result 2018 highlights: Tata Consultancy Services gives Rs 29 per share dividend

Thu, Apr 19, 2018

TCS Q4 Result 2018: The country`s biggest software services exporter Tata Consultancy Services Ltd IT released its January-March quarterly numbers today. The IT trend-setter company reported Rs 6,904 crore profit, beating estimates, for the three months to March 2018.

TCS Q4 results 2018 declared, profit at Rs 6,904 cr; Rajesh Gopinathan says highest incremental $ Q4 ever

Thu, Apr 19, 2018

Tata Consultancy Services (TCS), Country's largest IT firm, on Thursday reported 5.7 per cent jump in net profit at Rs 6904 crore in the March quarter of financial year 2018.

TCS Q4 results 2018: Share price marginally higher ahead of Q4 earnings

TCS Q4 results 2018: Share price marginally higher ahead of Q4 earnings

Thu, Apr 19, 2018

TCS Q4 results 2018: MOSL has a neutral rating on the stock. The stock trades at 19.8x FY19E and 18x FY20E earnings, it said.

TCS Q4 results 2018: Key things to watch out for; can it outdo Infosys? What experts say

TCS Q4 results 2018: Key things to watch out for; can it outdo Infosys? What experts say

Thu, Apr 19, 2018

TCS Q4 results 2018: Edelweiss Securities believes commentary on demand outlook and client budgets in key verticals of BFSI and Retail will be keenly monitored. Industry-leading growth will only be possible if BFSI turns around dramatically, it said.

Eight of 10 Sensex firms add Rs 83,672 cr in valuation; find here which are these companies

Eight of 10 Sensex firms add Rs 83,672 cr in valuation; find here which are these companies

Sun, Apr 15, 2018

With the exception of State Bank of India (SBI) and Maruti Suzuki, rest of the eight blue-chip companies saw a total addition of Rs 83,672.13 crore in market capitalisation (m-cap) during the week ended Friday. Maruti Suzuki India and SBI together lost Rs 9,771.58 crore in market valuation. The m -cap of TCS surged by Rs 38,534.61 crore to Rs 6,03,192.02 crore while that of Reliance Industries Ltd (RIL) registered a rise of Rs 18,433.83 crore and touched Rs 5,94,728.71 crore

These top 9 companies lose Rs 36,468 crore in market valuation

These top 9 companies lose Rs 36,468 crore in market valuation

Sun, Mar 25, 2018

The market capitalisation (m-cap) of State Bank of India (SBI) tanked Rs 15,537.7 crore to Rs 2,02,507.98 crore. ITC's valuation slumped Rs 5,306.73 crore to Rs 3,12,669.80 crore and that of Reliance Industries Ltd (RIL) tumbled Rs 4,846 crore to Rs 5,65,589.32 crore. The m-cap of HDFC Bank dropped Rs 4,642.83 crore to Rs 4,77,148.24 crore and that of Maruti Suzuki India declined Rs 2,381.9 crore to Rs 2,60,136.24 crore

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