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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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Mcap of top 10 valued firms plunge Rs 1.52 lakh crore last week; Reliance Industries, TCS biggest laggards

Mcap of top 10 valued firms plunge Rs 1.52 lakh crore last week; Reliance Industries, TCS biggest laggards

Sun, Oct 22, 2023

State Bank of India's valuation declined by Rs 11,512.75 crore to Rs 5,02,678.77 crore and that of HDFC Bank fell by Rs 10,387.09 crore to Rs 11,54,748.49 crore.

TCS dividend 2023: IT major shares trade ex-date today

TCS dividend 2023: IT major shares trade ex-date today

Wed, Oct 18, 2023

TCS dividend record date 2023: The country's largest IT company earlier announced its second interim dividend of Rs 9 per equity share of the face value of Rs 1 each, i.e., a 900 per cent payout to its shareholders for the current financial year.

TCS kicks off corporate earnings season with a mixed Q2 show; what should investors do?

TCS kicks off corporate earnings season with a mixed Q2 show; what should investors do?

Thu, Oct 12, 2023

Should you buy, sell or hold the TCS stock after the IT major's earnings announcement? On October 11, the IT major staged a mixed performance for the second quarter of the current financial year (Q2 FY24), and its board approved a buyback worth Rs 17,000 crore. Here's what experts recommend on TCS shares now.

TCS Q2 Results: Revenue growth falls short of Street estimates, margin up 110 bps; board approves Rs 17,000-crore buyback, Rs 9 dividend

TCS Q2 Results: Revenue growth falls short of Street estimates, margin up 110 bps; board approves Rs 17,000-crore buyback, Rs 9 dividend

Wed, Oct 11, 2023

Tata Consultancy Services (TCS), the country's largest IT company, kicked off the corporate earnings season for India Inc with a mixed overall performance on Wednesday, October 11. The Tata group IT major reported a 0.5 per cent sequential increase in its consolidated revenue, which fell short of Street expectations.

TCS Q2 FY24 Results HIGHLIGHTS: Tata Consultancy Services shares under pressure after IT major stages a mixed Q2 show

Wed, Oct 11, 2023

TCS Q2 Results HIGHLIGHTS: Tata Consultancy Services—the country's largest IT company—kicked off the corporate earnings season for India Inc on October 11, by reporting a 2.4 per cent sequential increase in its consolidated net profit to Rs 11,342 crore for the quarter ended September 30, 2023. The board of the Tata group company approved a buyback worth Rs 17,000 crore as well as a dividend of Rs 9 per share. Here are the latest updates on the TCS Q2FY24 results.

Saurabh Mukherjea's Insights on Investing in TCS, Impact of Israel-Hamas War on Crude Prices

Saurabh Mukherjea's Insights on Investing in TCS, Impact of Israel-Hamas War on Crude Prices

Wed, Oct 11, 2023

Israel-Hamas War has no significant impact on Crude prices... Investing in TCS is beneficial for the long term... Invested in Bajaj Finance for a long time: Saurabh Mukherjee, Founder & CIO, Marcellus Investment Managers.

TCS finishes in red ahead of Q2 results, buyback announcement

TCS finishes in red ahead of Q2 results, buyback announcement

Wed, Oct 11, 2023

TCS Q2 result date: According to Zee Business research, TCS is expected to report a sequential increase of 2.5 per cent in net profit to Rs 11,350 crore and a rise of 1.4 per cent in revenue to Rs 60,200 crore for the second quarter of the current financial year.

TCS board to consider buyback along with Q2 results this week; shares clock 52-week high

TCS board to consider buyback along with Q2 results this week; shares clock 52-week high

Mon, Oct 09, 2023

TCS shares zoomed to a fresh 52-week high on Monday after the Tata group IT major said its board will consider a buyback proposal along with its Q2 results this week.

TCS, India’s largest IT company, to kick off earnings season on October 11

TCS, India’s largest IT company, to kick off earnings season on October 11

Mon, Oct 02, 2023

TCS dividend 2023 record date: The company’s board will also consider a second interim dividend of the current financial year for its shareholders on the same day. TCS will be the first company in the blue-chip Nifty basket to report its financial results for the second quarter of the financial year.

TCS ending hybrid work, asks staff to join office starting October 1: Report

TCS ending hybrid work, asks staff to join office starting October 1: Report

Sat, Sep 30, 2023

The email has not gone out to all teams, according to the report. TCS declined to comment, as it is in the "silent period at the moment.”

Money Guru: Big deduction from TCS on foreign expenses!

Money Guru: Big deduction from TCS on foreign expenses!

Tue, Sep 26, 2023

TCS: There are only a few days left for the month of September to end, there are going to be changes in many rules related to money, big deductions in TCS on foreign expenses will start.

TCS inks pact with Norway's BankID BankAxept to boost financial infrastructure

TCS inks pact with Norway's BankID BankAxept to boost financial infrastructure

Wed, Sep 20, 2023

"BankID BankAxept AS chose TCS to create a new command centre for its proven experience in leading large-scale growth and transformation projects for enterprise clients in the banking and financial services sector," the IT major said in a statement.

TCS launches digital solution for life cycle assessment and reporting

TCS launches digital solution for life cycle assessment and reporting

Mon, Sep 18, 2023

The tool, built in collaboration with PRé Sustainability, is based on open-source technologies and a cloud-agnostic architecture so it can be easily deployed across different cloud platforms, the IT major said in a statement.

Nvidia strikes deal with Tata in deepening India AI bet

Nvidia strikes deal with Tata in deepening India AI bet

Sat, Sep 09, 2023

The deals with two of India's largest business houses will help the U.S. chip firm deepen inroads to the emerging AI ecosystem of the South Asian nation, just as it faces roadblocks in certain chip exports to China and some other countries due to U.S. restrictions.

Goldman Sachs expects India's IT growth to pick up in medium term, initiates coverage

Goldman Sachs expects India's IT growth to pick up in medium term, initiates coverage

Wed, Aug 23, 2023

Goldman Sachs also gave HCL Tech a "neutral" rating, seeing risks to near-term revenue growth. However, it viewed the company as "well-placed" in the medium term.

Tejas Networks receives Rs 7,492 crore purchase order from TCS; stock jumps over 6%

Tejas Networks receives Rs 7,492 crore purchase order from TCS; stock jumps over 6%

Wed, Aug 16, 2023

At the time of filing this report around 10:30 am, Tejas Networks shares were trading at Rs 848.80 apiece, up 4.14 per cent.

HDFC Bank, TCS, ITC, 4 other blue-chips lose Rs 74,603.06 crore in mcap in a week

HDFC Bank, TCS, ITC, 4 other blue-chips lose Rs 74,603.06 crore in mcap in a week

Sun, Aug 13, 2023

The market valuation of TCS jumped Rs 2,579.64 crore to Rs 12,62,134.89 crore and that of State Bank of India climbed Rs 847.84 crore to Rs 5,12,451.22 crore.

TCS secures to revamp and develop new iteration of Government's GeM portal

TCS secures to revamp and develop new iteration of Government's GeM portal

Tue, Aug 08, 2023

Tata Consultancy Services, a major player in the IT industry, announced on Tuesday that it has secured a government contract for the revamp and construction of an updated version of the Government e-Marketplace (GeM), a platform for public procurement.

TCS Announces SMP Changes: IT giant excludes Ananth Krishnan; appoints Harrick Vin, Shankar Narayanan as SMPs

TCS Announces SMP Changes: IT giant excludes Ananth Krishnan; appoints Harrick Vin, Shankar Narayanan as SMPs

Sat, Jul 29, 2023

IT firm announced that TCS executive vice-president K Ananth Krishnan will no longer be in senior management due to his upcoming retirement. While chief services innovation officer Dr. Harrick Vin will take over as an SMP on August 1, 2023

As TCS, Infosys, and Wipro announce their AI initiatives, what are they working on, their target, and more?

As TCS, Infosys, and Wipro announce their AI initiatives, what are they working on, their target, and more?

Thu, Jul 20, 2023

Indian IT giants like TCS, Infosys, and Wipro have announced billions of dollars of investment in Artificial Intelligence space. TCS is working to create its own ChatGPT-like AI platform, which will be equivalent to that used for enterprise code generation while Infosys recently signed a 5-year deal to invest $2 billion.

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