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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 says Cyrus Mistry's removal in best interest of co

TCS says Cyrus Mistry's removal in best interest of co

Mon, Nov 21, 2016

It further said, "Mistry’s conduct has caused enormous harm to the Tata group, TCS and its stakeholders, including employees and shareholders. Following it, TCS are in agreement with removal of Mistry as Director of the company as the same would be in the best interests of TCS."

Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

Fri, Nov 18, 2016

In a boardroom coup last month Mistry was removed as chairman of Tata Sons and patriach Ratan Tata is back at the helm temporarily. Days later he was sacked as chairman of TCS in which Tata Sons holds more than 73 percent stake.

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Sun, Nov 13, 2016

"TCS is under the Tata umbrella but has always been operationally independent...The financials of TCS speak for themselves. The company is sitting on a cash pile and has clear business visibility. Chandra enjoys all the executionary powers and we have not seen decisions of TCS being influenced by the Board," Arup Roy, research director, Gartner said.

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Fri, Nov 11, 2016

Tata Sons, holding firm of India`s $100-billion salt-to-software Tata conglomerate, launched a broadside on Thursday against its ousted chairman Cyrus Mistry, criticising his performance and removing him as head of the group`s flagship business.

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Thu, Nov 10, 2016

India`s biggest software services exporter, Tata Consultancy Services (TCS), said it received a letter from majority owner Tata Sons nominating Ishaat Hussain as the interim chairman of the company in place of Cyrus Mistry.

Tata Tele up 3% as Group shares tumble over Mistry's ouster

Tata Tele up 3% as Group shares tumble over Mistry's ouster

Tue, Oct 25, 2016

Shares of Tata Group companies opened weak on Tuesday. However, Tata Teleservices was the only major company of Tata Sons that was trading up by over 3%.

ITC, 8 others take hit of Rs 57,065 crore in market valuation

ITC, 8 others take hit of Rs 57,065 crore in market valuation

Sun, Oct 02, 2016

Combined market valuation (m-cap) of 9 of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore last week, with ITC taking the sharpest hit.

Exits for Tata Group usually the last resort, says Cyrus Mistry

Exits for Tata Group usually the last resort, says Cyrus Mistry

Sun, Oct 02, 2016

Tata Group chairman Cyrus Mistry has said he is "not embarrassed" to admit that exits for the group, which has exited over 40 businesses in 20 years, are usually the last resort and the conglomerate does not take decisions about exiting through a "short-term financial lens".

Sensex closes 35 points higher; Nifty holds 8,800-mark

Sensex closes 35 points higher; Nifty holds 8,800-mark

Mon, Sep 19, 2016

Indian shares ended higher on Monday, posting their fourth straight session of gains, as investors awaited key central bank meetings in the United States (US) and Japan this week for clues on global monetary policies.

Watch top 5 market stories of the day; From Nifty closing above 8,500-mark to markets likely to focus on TCS, Infosys results

Watch top 5 market stories of the day; From Nifty closing above 8,500-mark to markets likely to focus on TCS, Infosys results

Thu, Jul 14, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five market stories of the day: 1. Nifty closes at 11-month high

TCS' first quarter consolidated net profit rises 9%

TCS' first quarter consolidated net profit rises 9%

Thu, Jul 14, 2016

Tata Consultancy service(TCS) reported consolidated net profit of Rs. 6,318 crore for the June quarter ended (Q1FY17), registering marginal decline of 0.45% quarter-on-quarter (qoq). However, the company reported 9.44% growth in the corresponding quarter of the previous year.

Danger Zone : Stocks to be avoided from the investment

Danger Zone : Stocks to be avoided from the investment

Wed, Jul 13, 2016

Stocks to be avoided from the investment due to negative news flow. To know more watch this full video here.

Q1 snapshot: IT sector’s revenue growth to remain stable

Q1 snapshot: IT sector’s revenue growth to remain stable

Wed, Jul 13, 2016

According to its report, JM Financial estimates that IT sector will have a stable June quarter with modest 2-4% dollar revenue growth. It said that this growth will be the result of a seasonal recovery in volume and a stable cross-currency.

This is how much pay Vishal Sikka took home in FY16

This is how much pay Vishal Sikka took home in FY16

Thu, May 19, 2016

Earlier this year, Infosys board extended the tenure of Sikka by nearly two years till March 2021.

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