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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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All you need to know about Tata Sons new executive chairman N Chandrasekaran

All you need to know about Tata Sons new executive chairman N Chandrasekaran

Thu, Jan 12, 2017

Tata Sons on Thursday announced appointment of N Chandrasekaran as the new executive chairman of the company over two months after sudden removal of Cyrus Mistry.

Tata Sons appoints N Chandrasekaran as new executive chairman

Tata Sons appoints N Chandrasekaran as new executive chairman

Thu, Jan 12, 2017

Tata Sons on Thursday announced appointment of Tata Group's IT firm TCS former managing director and chief executive officer N Chandrasekaran as the new executive chairman of the company.

Tata Consultancy Services to announce third quarter results today; here's what to expect

Tata Consultancy Services to announce third quarter results today; here's what to expect

Thu, Jan 12, 2017

Sandip Agarwal and Pranav Kshatriya analysts of Edelweiss Financial Services said, “TCS’ execution capability, client relationships and leadership are impeccable. We believe, few niggling issues like LATAM, Diligenta and Japan, which have taken a toll on the company’s overall growth rate in past few quarters, are probably in the last leg and be largely over by FY18."

Cyrus Mistry moves contempt application at NCLT against Tatas

Cyrus Mistry moves contempt application at NCLT against Tatas

Wed, Jan 11, 2017

Two investment firms owned by the family of Cyrus Mistry on Wednesday filed a contempt application at NCLT against Tata Sons and its directors including Ratan Tata, alleging violation of the tribunal's order in initiating steps to remove him from the board.

US H1-B Bill, if passed, will erode margins of Indian IT companies

US H1-B Bill, if passed, will erode margins of Indian IT companies

Tue, Jan 10, 2017

The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

India's Tata calls for final meeting to oust ex-chairman Mistry

India's Tata calls for final meeting to oust ex-chairman Mistry

Fri, Jan 06, 2017

India`s salt-to-steel conglomerate Tata Sons Friday cranked up its legal tussle with ousted chairman Cyrus Mistry by calling for a shareholders` meeting to remove him from its board.

Nearly 200 stocks hit 52-week high on BSE

Nearly 200 stocks hit 52-week high on BSE

Thu, Jan 05, 2017

Nearly 200 stocks on Thursday hit their 52-week high on the BSE, mirroring the strong show by benchmark Sensex which zoomed over 245 points.

Why Cyrus Mistry, Tatas dominated news headlines in 2016

Why Cyrus Mistry, Tatas dominated news headlines in 2016

Tue, Dec 27, 2016

Tata Sons announced surprise removal of its former chairman Cyrus Mistry from the company's board in October this year leading to other Tata Group companies following its footsteps to expel him from their board rooms, that kept Mistry and Tatas in the news in 2016.

7 among top 10 companies lose Rs 44,928 crore in m-cap; SBI worst-hit

7 among top 10 companies lose Rs 44,928 crore in m-cap; SBI worst-hit

Sun, Dec 25, 2016

Seven of the 10 most valued companies took a combined hit of Rs 44,928 crore in their market valuation last week, with State Bank of India (SBI) reporting maximum losses, even as the benchmark Sensex lost 1.69%.

Removal from Tata Teleservices not surprising, Mistry says

Removal from Tata Teleservices not surprising, Mistry says

Thu, Dec 15, 2016

After being ousted from the third Tata Group company, Cyrus Mistry, former chairman of Tata Sons on Wednesday said that his removal was anticipated.

Over 70% non-promoters voted against my removal or abstained: Mistry

Over 70% non-promoters voted against my removal or abstained: Mistry

Wed, Dec 14, 2016

Cyrus Mistry, former chairman at Tata Sons, who was also ousted from Tata Consultancy Services (TCS) responded to his ‘vote out’ with a thank you letter to the shareholders.

Tata Sons issues appeal to its stakeholders

Tata Sons issues appeal to its stakeholders

Sun, Dec 11, 2016

Tata Sons on Sunday issued an appeal to all stakeholders of Tata companies thanking them for their continued support in the management's decision to remove Cyrus P Mistry from Tata Group company's board.

Nine of top 10 firms add Rs 56,112 crore in m-cap; ONGC, Reliance Industries shine

Nine of top 10 firms add Rs 56,112 crore in m-cap; ONGC, Reliance Industries shine

Sun, Dec 11, 2016

The combined market valuation of nine of the top 10 most valued companies surged by Rs 56,112 crore last week, as the benchmark indices recorded their best gains since September 2, with ONGC and Reliance Industries Ltd (RIL) emerging as the biggest gainers.

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Mon, Nov 28, 2016

Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.

Now, Tata Steel shows Cyrus Mistry the exit door

Now, Tata Steel shows Cyrus Mistry the exit door

Fri, Nov 25, 2016

Yet another Tata Sons company has replaced Cyrus Mistry as Chairman. Tata Sons also seeks to remove him from Indian Hotels.

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

Former TCS chairman Kohli denies Mistry's IBM claims

Former TCS chairman Kohli denies Mistry's IBM claims

Wed, Nov 23, 2016

He said, "I was actively involved in the decision to bring IBM to India. A JV for hardware manufacturing and support in India, Tata IBM, was set up in 1991-92. This JV was undertaken to promote a computer hardware industry in India which was non-existent at that time."

Mistry counters Tata’s accusations on material contributions to TCS, JLR

Mistry counters Tata’s accusations on material contributions to TCS, JLR

Tue, Nov 22, 2016

In the on-going spat of Mistry vs Tatas, the ousted chairman has hit back with a five page response on Tuesday to Tata Sons’ remarks on how Mistry made no material contributions to the success of Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR).

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

Mon, Nov 21, 2016

TCS and Indian Hotels calls for EGM to oust Cyrus Mistry as chairman of the Tata Sons companies.

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