Tag: TCS

Cyrus Mistry says won’t take up chairmanship of Tata Sons

He said that his decision has been made in the interests of the Tata Group, "whose interests are far more important than the interests of any individual".

January 5, 2020

TCS launches Microsoft Business Unit to help enterprises leverage their business

The MBU will be led by Siva Ganesan, who has been with TCS for over 29 years and held various global leadership roles.

November 19, 2019

Reliance model portfolio outperforms NIFTY 50 by 66 bps in May

Nifty target for December 2019 is 13,000 and its model portfolio is set to outperform the benchmark target. The market is likely to see reduced volatility and broader market participation is expected, going forward, the report said.

June 4, 2019

Sensex ends 140 pts higher, VIX at 4 yr high

Index gains came on the back of banking and financial stocks, while IT, FMCG and Nifty media index ended lower.

May 22, 2019

Sensex, Nifty open lower on weak domestic, global cues

In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified. In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion.

May 14, 2019

Sensex recovers over 200 pts in early trade

The 30-share index was trading 169.69 points, or 0.44 per cent, higher at 38,770.03. Similarly, the broader NSE Nifty was up 38.70 points, or 0.33 per cent, at 11,636.95.

May 7, 2019

Sensex high on easing trade tension, monsoon forecast

The Nifty IT and metal index led the gains on the bourses. While metal stocks rose on cooling US-China trade tension and encouraging China's trade data released over the weekend, the export-oriented IT stocks gained owing to the weakening rupee.

April 15, 2019

Tata Group’s total investment in Odisha to cross Rs 1 lakh crore soon

Not only Tata Steel has a large capacity, Tata Motors has a significant presence with its 30 service stations and dealers network and Tata Power has four generation units here, he said.

November 12, 2018

Himachal Pradesh government notifies TDS and TCS provisions

The detailed guidelines for Deductions and Deposits of TDS by the DDO under GST have been issued by government and manuals regarding registration as TDS & TCS may be downloaded from the official website of Excise and Taxation Department, Himachal Pradesh.

October 1, 2018

TCS first Indian company to achieve $100 billion m-cap

The m-cap of the company stood at Rs 675,934.95 crore or $101.60 billion on the BSE

April 23, 2018

Nine top BSE companies add Rs 97,932 cr to market cap

The combined market valuation of nine of top 10 valued companies surged Rs 97,931.85 crore last week, with TCS and Reliance Industries Ltd (RIL) leading the pack with maximum gains. HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and ONGC were among the companies that registered gains in their respective market capitalisations (m-cap) during the week …

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January 28, 2018

TCS pips RIL in m-cap

Tata Group flagship Tata Consultancy Service in Wednesday’s early trade overtook Reliance Industries Limited as the most valued listed company in terms of market capitalisation. Minutes before 11 am with the market-cap at `6,15,979 crore, it surpassed RIL which stood at `6,15,023 crore. But record of becoming first Indian company with Rs 6 trillion net …

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January 24, 2018

FPIs stage strong comeback to fuel stocks rally

Having booked profit from August to December 2017, foreign portfolio investors or FPIs have staged a strong comeback in January virtually taking charge of the bull rally with accelerated flow of liquidity mainly in large cap stocks or those constituting 30-share Sensitive Index of Bombay Stock Exchange and 50-scrip Nifty of National Stock Exchange. These …

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January 24, 2018

Over 20 pc of TCS’ hiring in last 12 months was outside India

Tata Consultancy Services (TCS), India’s largest software services firm, hired over 20 per cent of its new recruits in the last one year in international markets as part of its “localisation initiatives”. In the October-December 2017 quarter alone, the Mumbai- headquartered firm recruited almost 3,000 people from outside India. “Overall, in the last 12 months, …

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January 21, 2018

Nine of 10 most valued cos add Rs 66,619 cr in m-cap

Nine of the 10 most valued Indian companies together added Rs 66,619.4 crore in market valuation last week, with TCS and Reliance Industries (RIL) emerging as the biggest gainers. Barring SBI, rest nine companies including HDFC Bank, ITC, HUL and Infosys saw rise in their market capitalisation (m-cap) for the week ended Friday. The m-cap …

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January 14, 2018

Benchmark assessment

Cambridge Assessment English, a University of Cambridge department, has signed an agreement with TCS iON, a unit of Tata Consultancy Services, who will administer Cambridge’s computer-based business English certificates throughout India. Cambridge will leverage TCS iON’s Digital Assessment Platform’s extensive, high stake assessment capability to conduct exams in India. Saul Nassé, CEO, Cambridge Assessment English, …

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January 4, 2018

Equity indices trade in red, TCS top loser

Key Indian equity indices on Thursday traded in the red during the mid-afternoon trade session with heavy selling pressure on consumer durables, capital goods and metal stocks. IT major Tata Consultancy Services (TCS) was the top loser on the BSE market breadth — down almost 3 per cent — followed by Wipro, NTPC, Larsen and …

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December 14, 2017