Fri, Jan 12, 2024
Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.
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Mon, Nov 20, 2023
In a major win for Tata Consultancy Services (TCS), the Indian IT giant has been selected by Australian stock exchange operator ASX to overhaul its critical clearing and settlement software. This marks a significant departure from ASX's previous blockchain-based approach, which was abandoned due to delays and cost overruns.
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.
Fri, Apr 21, 2017
Highlights: 1. US president Donald Trump has signed a new executive order seeking review of present H-1B Visa issuance system
Wed, Apr 19, 2017
Motilal Oswal expecting recovery in BFSI trade of TCS in FY18. Watch this special segment and get to know more here.
The US president Donald Trump ordered a review of the US visa programme for bringing high-skilled foreign workers into the country which is likely to have impact on businesses of Indian IT firms.
Tue, Apr 18, 2017
The cash flow from operations in FY17 was at Rs 26,992 crore, up 15.4% y-o-y basis.
US president Donald Trump will sign an executive order later on Tuesday which will direct federal agencies to recommend changes to a temporary visa programme used to bring foreign workers to the US to fill high-skilled jobs and Indian IT companies are likely to feel the heat.
The last time TCS surpassed RIL was in 2013 when its market cap was Rs 2,83,206.84 crore while RIL was at Rs 2,76,083 crore.
Mon, Apr 17, 2017
The Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks.
In the previous quarter which ended on December 31, 2016, TCS had reported a net profit of Rs 6778 crore, up by 10.9%, as compared to as on December 31, 2015 quarter.
Thu, Apr 13, 2017
Infosys on Thursday said that the US H-1B visa issue is worrying for Indian IT industry which it will have to live with and should push for adopting a healthy mix of local and global talent hiring to overcome the existing challenges.
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Thu, Mar 23, 2017
The government has done away with the 1 % tax on cash payments of over Rs 2 lakh for purchase of any goods or service after it banned cash dealings above that limit from April 1.
Mon, Mar 20, 2017
Infosys is not applying for visas for employees with under four years of experience on account of tougher US work visa rules, the report said quoting Infosys executive as saying.
Tue, Mar 07, 2017
Tech Mahindra on Tuesday said that the company has acquired US-based healthcare services provider CJS Solutions Group LLC of HCI Group.
Fri, Mar 03, 2017
Tata Sons Chairman Emeritus Ratan Tata on Friday said the Tata Group is in the safe hands of N Chandrasekaran, who would take it to a new level of progress and growth.
Fri, Feb 24, 2017
India's trade minister Nirmala Sitharaman said New Delhi had reached out to the administration of President Donald Trump to stress the importance of India`s $150-billion IT services industry to US citizens.
Infosys board in a postal ballot notice on Thursday has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval.
Tue, Feb 21, 2017
Reports on the impact of BMC elections and TCS's new chairman on the market. Watch this special segment and get to know more here.
Former Tata Consultancy Services CEO, N Chandrasekaran, has a long road ahead of him in his journey as group chairman and Managing Director of Tata Sons.
BSE Sensex and NSE Nifty are likely to continue on their strong upward momentum in opening trade on Tuesday.
Thu, Feb 16, 2017
Indian shares edged up on Thursday with IT stocks leading the gains after Tata Consultancy Services Ltd said its board would consider a share buyback plan at a meeting next week.
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![After Infosys' "poor show", will TCS be able to bring back hope in IT sector?](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/04/17/17623-tcs1-official-website.jpg?itok=rK39nBdE&c=22a12e4955a45ac46b05732047323c73 "After Infosys' "poor show", will TCS be able to bring back hope in IT sector?")
