Tata Consultancy Services

Timelines
In a first, Sensex crosses 48,000-mark, Nifty soars past 14,000

04 Jan 2021

In a first, Sensex crosses 48,000-mark, Nifty soars past 14,000

Domestic stock markets brought good news for investors as the S&P BSE Sensex index traded above 48,000 for the first time ever. The Sensex recorded a jump of 299.24 points, roughly 0.63%, to come at 48,168.22 on Monday morning.

Cognizant CEO plans downsizing; may cut jobs in October

06 Sep 2019

Cognizant CEO plans downsizing; may cut jobs in October

Cognizant Technologies CEO Brian Humphries has disclosed that the US-based IT services firm would soon witness a slew of job cuts.

How India is helping create a 'miniature Sun' on Earth

24 Aug 2019

How India is helping create a 'miniature Sun' on Earth

While the Indian Space Research Organization is planning to launch a satellite to study the Sun by 2020 (the Aditya-L1 mission), India and some other nations are planning to bring the Sun to Earth.

TCS' integrated solution digitalizes over 1.5 lakh post offices

23 Apr 2019

TCS' integrated solution digitalizes over 1.5 lakh post offices

India's leading tech giant, Tata Consultancy Services (TCS), has helped in revamping over 1.5 lakh post offices in the country.

Good news for Indians: US introduces 15-day H-1B visa processing

19 Feb 2019

Good news for Indians: US introduces 15-day H-1B visa processing

In what comes as good news for Indian professionals seeking to work in the US, the US Citizenship and Immigration Services (USCIS), announced last week that it will resume premium processing for all H-1B visa applications filed on or before December 21, 2018, starting Tuesday.

HDFC Group briefly overtook Tata Group as India's most-valued conglomerate

27 Dec 2018

HDFC Group briefly overtook Tata Group as India's most-valued conglomerate

Following Wednesday's trading session, the Tata Group lost the distinction of being the most valuable conglomerate in India.

TCS among top 10 firms to get certifications for H-1B

23 Oct 2018

TCS among top 10 firms to get certifications for H-1B

According to data from the US Department of Labor, Tata Consultancy Services (TCS) is the only Indian company among the top 10 companies to have been awarded foreign labor certifications for H-1B visas for the fiscal year 2018.

If you can seal $100mn business deals, Infosys wants you

22 Sep 2018

If you can seal $100mn business deals, Infosys wants you

Since 2014, Infosys has had a bad deal sealing spell, and just seems unable to close mega business deals. Meanwhile, its competitors have marched ahead.

Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

23 Aug 2018

Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

Despite hitting the $100bn market capitalization mark a month earlier, Mukesh Ambani-owned Reliance Industries Ltd. (RIL) has showed no signs of slowing down.

Exactly how rich is Apple? Here are some mind-boggling facts

04 Aug 2018

Exactly how rich is Apple? Here are some mind-boggling facts

On Thursday, Apple touched a market cap of $1 trillion, a figure that many icons of capitalism had never even dreamed of touching.

Reliance Industries Limited is now a $100bn company

12 Jul 2018

Reliance Industries Limited is now a $100bn company

On Thursday, shares of Reliance Industries Limited (RIL) jumped sharply, after seeing a five-day rise, and helped the Mukesh Ambani-owned energy-to-telecom giant touch a market capitalization of $100bn.

Business Roundup: Here are today's top 5 Business news

15 Jun 2018

Business Roundup: Here are today's top 5 Business news

Here comes your business roundup express loaded with all the business new of the day.

Business Roundup: Here are today's top 5 Business news

13 Jun 2018

Business Roundup: Here are today's top 5 Business news

Here are today's top 5 business news.

Andhra Pradesh: Details of 89L MNREGA-beneficiaries compromised in Aadhaar Leak

28 Apr 2018

Andhra Pradesh: Details of 89L MNREGA-beneficiaries compromised in Aadhaar Leak

In a major embarrassment to the state government, the Andhra Pradesh Benefit Disbursement Portal made details of 89,38,138 MNREGA beneficiaries public.

Indian IT companies experience 43% drop in H-1B visa approvals

25 Apr 2018

Indian IT companies experience 43% drop in H-1B visa approvals

Top seven Indian IT companies experienced a whopping 43% drop in their H-1B visa approvals between 2015 and 2017, a US think-tank report has said.

TCS ranked the fastest growing IT services brand in 2018

09 Mar 2018

TCS ranked the fastest growing IT services brand in 2018

Leading global IT services, consulting and business solutions organization, Tata Consultancy Services, has been named as the fastest growing IT services brand in the world in an assessment done by world's leading brand valuation firm, Brand Finance.

TCS inks record-breaking $2.25bn deal with Nielsen

22 Dec 2017

TCS inks record-breaking $2.25bn deal with Nielsen

Tata Consultancy Services has bagged a $2.25bn outsourcing contract from TV rating firm Nielsen, the biggest ever for an Indian IT firm.

HDFC m-cap unseats TCS, end of day TCS regains slot

12 Sep 2017

HDFC m-cap unseats TCS, end of day TCS regains slot

HDFC Bank, which was recently recognized as a D-SIB or domestic systemically important bank, for a brief period on September 12, managed to unseat IT bellwether Tata Consultancy Services (TCS) as the country's second most valued firm in terms of market capitalization.

Infosys share buyback: What you need to know

20 Aug 2017

Infosys share buyback: What you need to know

Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.

H-1B visas: Sunil Mittal weighs banning big US tech companies

30 Apr 2017

H-1B visas: Sunil Mittal weighs banning big US tech companies

While answering a question on how he would react if Bharti Airtel was prevented from operating in certain geographical locations, telecom kingpin Sunil Bharti Mittal raised the question of whether India should prevent Facebook and Google from operating in the country.

IIM-K students create crowdfunding app for social causes

21 Apr 2017

IIM-K students create crowdfunding app for social causes

Students from IIM Kozhikode have invented an application called MakeOurKerala that can be used to crowdsource funds for social causes. They say it is an initiative towards a cleaner, greener and safer Kerala.

TCS Q4 results, profit, revenue and earnings

19 Apr 2017

TCS Q4 results, profit, revenue and earnings

Tata Consultancy Services Ltd reported financial results for the quarter, that ended on March 31, 2017. It was a tad bit lower than what the analysts had projected for the company.

Call centre scam: 24-yr-old mastermind arrested in multi-billion dollar racket

09 Apr 2017

Call centre scam: 24-yr-old mastermind arrested in multi-billion dollar racket

Thane police arrested Sagar Thakkar aka Shaggy, the 24-year-old mastermind of a massive call centre scam that conned hundreds of Americans of millions of dollars, after he was deported from Dubai.

Chandrasekaran announces strategic priorities for Tata Sons

22 Feb 2017

Chandrasekaran announces strategic priorities for Tata Sons

On his first day in office, Tata Sons Ltd's new chairman Natarajan Chandrasekaran outlined three strategic priorities for the group: bring the group closer and leverage collective strength; reinforce a leader's mindset in operating companies for greater rigour to capital allocation and deliver superior returns to shareholders.

N Chandrasekaran new Tata Sons chief from Feb 21

21 Feb 2017

N Chandrasekaran new Tata Sons chief from Feb 21

N. Chandrasekaran will assume charge as Tata Sons chairman on February 21. A day earlier, he was named TCS chairman, after serving as its CEO since 2009.

TCS to buy back 5.6 crore shares, at Rs2850 each

20 Feb 2017

TCS to buy back 5.6 crore shares, at Rs2850 each

Returning surplus shares to shareholders in the biggest shares buyback, the Tata Consultancy Services today announced that it will repurchase about 2.85% of its share capital for Rs. 16,000 crore.

Chandrasekaran elected Chairman of Tata Steel

08 Feb 2017

Chandrasekaran elected Chairman of Tata Steel

Tata Sons Chairman N Chandrasekaran has been elected as the chairman of the board of Tata Steel. Chandrasekaran said "I feel greatly honoured to be chosen as the Chairman and I accept this responsibility with a deep sense of humility."

Tata's new Chairman Chandrasekaran's litmus test

21 Jan 2017

Tata's new Chairman Chandrasekaran's litmus test

Chandrasekaran's appointment as group chairman is being keenly watched by industry leaders.

A look back at the career of Natarajan Chandrasekaran

12 Jan 2017

A look back at the career of Natarajan Chandrasekaran

Following the ouster of Cyrus Mistry as the chairman of Tata Sons on 24th October 2016, Natarajan Chandrasekaran was appointed as the chairman of the $103 billion Tata group today, bringing an end to an 80 day-long saga.

IT, telecom sectors look for incentives in upcoming Budget

12 Dec 2016

IT, telecom sectors look for incentives in upcoming Budget

With the 'Make in India' initiative trickling down to companies, IT and telecom firms are on the lookout for incentives in domestic manufacturing in the upcoming Budget.

Cyrus Mistry seeks government intervention in Tata Trusts

05 Dec 2016

Cyrus Mistry seeks government intervention in Tata Trusts

After being ousted from Tata Sons, Cyrus Mistry asked the government to mediate in the affairs and business decisions of the Indian conglomerate.

Call-center scam: Kingpin's daily turnover over $100,000

02 Dec 2016

Call-center scam: Kingpin's daily turnover over $100,000

Police sources confirmed that the daily turnover of call-center scam mastermind Sagar Thakkar was over $100,000 a day; Thakkar managed call-centers in Noida, Ghaziabad, Ahmedabad and Thane.

Tatas look to bring old guns to head key companies

30 Nov 2016

Tatas look to bring old guns to head key companies

Sources said that Tata Sons is considering bringing back veterans to head key group companies in light of the Tata-Mistry split.

Wadia, Mistry to contest removal from Tata Motors

28 Nov 2016

Wadia, Mistry to contest removal from Tata Motors

Nusli Wadia and Cyrus Mistry will contest the proposal to remove them from Tata Motors; Tata Sons called for an EGM of Tata Motors to take stock of the Tata-Mistry fall-out.

Tata-Mistry spat continues unabated

27 Nov 2016

Tata-Mistry spat continues unabated

Sources have revealed that Cyrus Mistry and Nusli Wadia are likely to address the Tata Steel EGM; sources said that both Wadia and Mistry intend to make a written and oral presentation to shareholders.

Cyrus Mistry fired as Tata Steel Chairman

25 Nov 2016

Cyrus Mistry fired as Tata Steel Chairman

After Tata Power and Tata Chemicals, Tata Steel's board expelled Cyrus Mistry as their Chairman.

Harish Manwani to lead Tata Group?

25 Nov 2016

Harish Manwani to lead Tata Group?

Sources revealed that former Unilever COO Harish Manwani is being considered as a candidate to possibly lead the Tata Group as new Chairman.

TCS shareholders to vote for Mistry's removal

18 Nov 2016

TCS shareholders to vote for Mistry's removal

Tata Consultancy Services has become the first group company to call a shareholders meet to decide upon Cyrus Mistry's removal; the meeting is scheduled for 13 December.

Tata Global Beverages replaces Cyrus Mistry as Chairman

17 Nov 2016

Tata Global Beverages replaces Cyrus Mistry as Chairman

Tata Global Beverages informed stock exchanges their board decided to replace Cyrus Mistry as Chairman by a majority vote.

Mistry defends independent directors

14 Nov 2016

Mistry defends independent directors

Cyrus Mistry lambasted Tata Sons for questioning the loyalty of the independent directors of Indian Hotels Limited and Tata Chemicals; Mistry contended that six out of the nine directors were appointed under Ratan Tata's leadership and two were trustees of the Ratan Tata Trust.