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TCS

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

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.

TCS Lands Major Deal to Replace Australian Stock Exchange’ Clearing and Settlement System

TCS Lands Major Deal to Replace Australian Stock Exchange’ Clearing and Settlement System

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.

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.

TRENDING NOW

Sensex builds on gains, regains 34,000 mark in early trade

Sensex builds on gains, regains 34,000 mark in early trade

Fri, Jan 05, 2018

The 30-share index rose 100.48 points, or 0.29 per cent, to 34,070.12, with all sectoral indices led by PSU, consumer durables, auto and metal trading in the positive zone, rising by up to 0.57 per cent.

Sensex rebounds 123 points in opening trade on Asian cues

Sensex rebounds 123 points in opening trade on Asian cues

Thu, Jan 04, 2018

The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions.

Embattled IT sector set to press reset button in 2018

Embattled IT sector set to press reset button in 2018

Sun, Dec 31, 2017

What doesn't kill you, makes you stronger. That's probably the prescription pill for the USD 150 billion IT industry that faced multiple headwinds in the form of increased visa scrutiny and slowdown in client spending this year.

TCS bags $2.25-billion contract, largest ever for Indian IT firms

TCS bags $2.25-billion contract, largest ever for Indian IT firms

Fri, Dec 22, 2017

Nielsen awarded a 10-year contract of $1.2 billion to Tata Consultancy Services in 2007 and this deal has renewed the association between two companies.

Marti Suzuki touches 10,000 mark for a brief period

Marti Suzuki touches 10,000 mark for a brief period

Wed, Dec 20, 2017

At Rs 10,000, it was up 1.5% from its previous close with a market cap of Rs 3.01 trillion. The stock opened at 9,970 on the BSE and 9,966 on the NSE.

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Fri, Dec 08, 2017

Country's top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study.

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Mon, Nov 20, 2017

The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.

6 of top-10 most valued companies lose Rs 60,422 crore in market cap

6 of top-10 most valued companies lose Rs 60,422 crore in market cap

Sun, Nov 12, 2017

While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Fri, Nov 03, 2017

This is the first time it has fallen to record low employment levels since the IT industry had put India on the global map for software services.

Reliance Industries market cap crosses Rs 6 lakh crore; first to achieve the feat

Reliance Industries market cap crosses Rs 6 lakh crore; first to achieve the feat

Wed, Nov 01, 2017

RIL commanded a market capitalisation (m-cap) of Rs 6,03,097.82 crore or about USD 93 billion when the stock market closed.

Share Buybacks: Everything you need to know as an investor

Share Buybacks: Everything you need to know as an investor

Tue, Aug 29, 2017

Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.

Online travel agents can deduct 1% tax collected at source: CBEC

Online travel agents can deduct 1% tax collected at source: CBEC

Tue, Aug 08, 2017

Online travel agents fall in the category of e-commerce operators and can deduct 1 % tax collected at source (TCS) under the GST, the Central Board of Excise and Customs (CBEC) said on Tuesday.

10 Indian CEOs who took home salaries up to Rs 60 crore in FY17

10 Indian CEOs who took home salaries up to Rs 60 crore in FY17

Mon, Jul 24, 2017

Zeebiz collates and lists salaries of CEO's in India after a report revealed that higher management earned up to 1200 times more than other employees.

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Fri, Jul 14, 2017

Tata Sons on Thursday announced the appointment of Aarthi Subramanian as the Tata Groups Chief Digital Officer. According to the company, Subramanian, in her new role, will report to N. Chandrasekaran, Executive Chairman of Tata Sons.

TCS says attrition is down, women employee count at all-time high

TCS says attrition is down, women employee count at all-time high

Thu, Jul 13, 2017

TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Thu, Jul 13, 2017

Tata Consultancy Services' net income in Q1FY18 stood at Rs 5,945 crore, a decline of 5.9% on year-on-year basis and 10% on quarter-on-quarter basis.

TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure

TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure

Thu, Jul 13, 2017

In Q1FY18, TCS will face brunt from wage hike, visa costs and strong INR appreciation. The company saw gradual improvement in earnings on yoy basis during FY17.

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

Tue, Jun 27, 2017

FICCI says that the TCS provision under GST would have led to a slowdown in e-commerce, economic growth and job creation as it would have a direct impact on sellers on these platforms.

GST rollout: TDS, TCS provisions postponed for E-commerce companies

GST rollout: TDS, TCS provisions postponed for E-commerce companies

Mon, Jun 26, 2017

The Ministry said that persons who will be liable to deduct or collect tax at source will be required to take registration, but the liability to deduct or collect tax will arise from the date the respective sections are brought in force.

GST: Relief for e-commerce companies, not to deduct TCS from July 1

GST: Relief for e-commerce companies, not to deduct TCS from July 1

Mon, Jun 26, 2017

Finance Ministry has given more time to the E-commerce companies to prepare for the GST and tax collection at source (TCS) under the new levy will be started later. GST will be implemented across the country from July 1.

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