Tata Consultancy Services (TCS): News
20 Apr 2024
InfosysWipro, TCS, Infosys collectively lost 63,759 workers in FY24
In a first occurrence over the past two decades, leading Indian IT companies Tata Consultancy Services (TCS), Infosys, and Wipro have reported a collective annual decrease in their workforce.
14 Apr 2024
Stock MarketMarket valuation of 7 Indian firms skyrocketed by ₹59,404 crore
In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.
12 Apr 2024
BusinessTCS's net profit rises 9% to ₹12,434 cr in Q4
Tata Consultancy Services (TCS), India's leading IT company, has reported a 9% increase in net profit for the fourth quarter of FY24.
12 Apr 2024
IndiaTCS boosts recruitment, hires over 10,000 new engineering graduates
Tata Consultancy Services (TCS), India's leading IT services firm, has recruited over 10,000 fresh graduates from top-tier engineering institutions.
30 Mar 2024
BusinessTCS replaces American techies with Indians on H-1B visa: Report
Indian tech giant, Tata Consultancy Services (TCS), is facing allegations of unlawful discrimination from a group of American professionals.
29 Mar 2024
Artificial Intelligence and Machine LearningTCS upskills over 350,000 workers in generative AI skills
Tata Consultancy Services (TCS), India's premier IT services firm, announced on Friday that it has trained over 350,000 employees in generative AI.
24 Mar 2024
Stock MarketBSE benchmark ascends despite declined valuation of top firms
The Bombay Stock Exchange (BSE) benchmark experienced a slight uptick last week, climbing by 188.51 points or 0.25%, signaling a positive trend in the stock market.
19 Mar 2024
Stock MarketSensex tanks over 730 points, Nifty settles near 21,800
On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall.
17 Mar 2024
Reliance IndustriesReliance leads top 5 firms with significant market cap drop
Over the past week, five of India's top 10 valued companies experienced a combined market capitalization loss of Rs. 2,23,660 crore.
27 Feb 2024
Stock MarketSensex gains over 300 points, Nifty settles near 22,200 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
06 Feb 2024
TataTata becomes first Indian conglomerate to cross Rs. 30T m-cap
The Tata Group has reached an impressive milestone, becoming the first Indian business conglomerate to achieve a combined market capitalization of over Rs. 30 lakh crore.
06 Feb 2024
Stock MarketTCS's m-cap surpasses Rs. 15 lakh crore for first time
Tata Consultancy Services (TCS) achieved a market capitalization of over Rs. 15 lakh crore for the first time, as its stock rose nearly 4% in today's trading session.
12 Jan 2024
BusinessTCS explains why it still pays freshers Rs. 3-4L salary
The Chief Human Resources Officer (CHRO) of India's leading IT company, Tata Consultancy Services (TCS), recently addressed concerns about low starting salaries for freshmen in the IT services sector.
12 Jan 2024
NiftyWhy Nifty IT index has jumped 5% today
The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.
11 Jan 2024
InfosysInfosys, TCS's combined headcount drops by over 11,700 in Q3
India's leading IT services firms, Infosys and Tata Consultancy Services (TCS), have witnessed a decrease in their workforce for the quarter ending December 31.
11 Jan 2024
BusinessTCS Q3 net profit rises 2%, revenue up 4%
Tata Consultancy Services (TCS), the leading IT services company in India, announced a 1.96% increase in consolidated net profit, reaching Rs. 11,097 crore in the quarter ending December.
10 Dec 2023
Stock MarketMarket cap of 7 top-valued firms rise Rs. 3L crore
Last week, seven of India's top 10 most valued companies saw their combined market value increase by a whopping Rs. 3,04,477.25 crore.
28 Nov 2023
Stock MarketTCS announces Rs. 17,000cr share buyback starting on December 1
Tata Consultancy Services (TCS) is set to launch a share buyback worth Rs. 17,000 crore.
27 Nov 2023
BusinessTCS has to pay DXC $210 million: What's the story?
A US jury has ordered Indian IT giant Tata Consultancy Services (TCS) to pay $210 million for allegedly misusing source code from American IT company DXC to create its TCS Bancs software platform.
21 Nov 2023
US Supreme CourtTCS to record $125 million lawsuit expense in Q3 results
The US Supreme Court has dismissed an appeal from Tata Consultancy Services (TCS) regarding a $140 million fine in connection with a trade secret lawsuit filed by American company Epic Systems.
15 Nov 2023
BusinessTCS issues sudden transfer notices to over 2,000 employees
Tata Consultancy Services (TCS) has issued transfer notices to more than 2,000 employees at various locations, requiring them to relocate to their designated sites within 15 days, per the IT employee union Nascent Information Technology Employees Senate (NITES).
13 Oct 2023
InfosysHeadcount in India's top IT firms down by over 16,000
During the second quarter of FY24, India's top IT firms, Tata Consultancy Services (TCS), Infosys, and HCLTech, witnessed a significant drop in headcount.
12 Oct 2023
IsraelTech companies in Israel consider relocation amid escalating conflict
Global tech giants such as Microsoft and Google could soon move their offices from Israel to India or countries in eastern Europe or the Middle East, Economic Times reported.
12 Oct 2023
BusinessTCS upskills over 100,000 employees in generative AI
Tata Consultancy Services (TCS) has trained over one lakh employees in generative artificial intelligence (AI), aiming to capitalize on this emerging technology.
11 Oct 2023
BusinessTCS Q2 results: IT giant posts profit of Rs. 11,342cr
Tata Consultancy Services (TCS), India's leading IT services company, has announced a net profit of Rs. 11,342 crore for the September quarter of this fiscal year.
11 Oct 2023
Stock MarketTCS announces Rs. 17,000 crore share buyback at 15% premium
Tata Consultancy Services (TCS) has announced a share buyback plan worth Rs. 17,000 crore, at a price of Rs. 4,150 per stock.
09 Oct 2023
Stock MarketTCS hits 52-week high on share buyback hopes
Tata Consultancy Services (TCS) is set to consider a share buyback, with the decision to be announced alongside its July-September quarterly results on October 11.
30 Sep 2023
IndiaIndia, Argentina sign 'Social Security Agreement' for workers
India and Argentina inked a "Social Security Agreement (SSA)" on Friday to safeguard the legal rights of professionals employed in each other's nations, The Hindu reported.
15 Sep 2023
NiftyNifty IT hits fresh 52-week high, up 27% since April
It's been approximately five months since April 17, 2023, when the Nifty IT index touched a 52-week low of 26,184.45. Since then IT stocks have shown an impressive comeback.
12 Sep 2023
Stock MarketTCS shares hit a 52-week high: Know driving factors
Shares of Tata Consultancy Services (TCS) reached a 52-week high of Rs. 3,578 today. The stock is up 3% on the Bombay Stock Exchange (BSE), despite a range-bound S&P BSE Sensex.
07 Sep 2023
Jaguar Land RoverTCS bags Rs. 8,300cr deal from Jaguar Land Rover
Tata Consultancy Services (TCS) has entered into a strategic partnership with Jaguar Land Rover (JLR) to transform the automaker's digital estate.
16 Aug 2023
BusinessAnil Pant, CEO of Aptech, passes away
Dr. Anil Pant, the MD and CEO of Aptech, passed away on August 15. He had been on indefinite leave since June due to his deteriorating health.
14 Jul 2023
Stock MarketSensex gains 502 points, Nifty breaches 19,550 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
23 Jun 2023
BusinessTCS hit by bribes-for-jobs scandal: Four executives fired
Tata Consultancy Services (TCS), one of India's biggest IT companies, has been rocked by a bribes-for-jobs scandal.
06 Jun 2023
Stock MarketSensex and Nifty end flat: Check today's top gainers
On Tuesday, major indices of the stock market ended flat with the Sensex settling at 62,792.88 points and the Nifty closing at 18,599 points.
31 May 2023
IndiaIndia Inc. brand value is now worth over $100 billion
The past few months have been tumultuous for businesses worldwide. The same was the case for India Inc.
09 May 2023
SensexSensex closes flat around 61,760, Nifty remains above 18,260 mark
On Tuesday, major indices of the stock market ended flat with the Sensex settling at 61,761.33 points and the Nifty closing at 18,265.95 points.
24 Apr 2023
HCLHirings drop in TCS, Infosys, HCL in FY23: Here's why
IT companies around the world have been struggling for the past year. Things haven't been any different in India as well.
21 Apr 2023
Stock MarketSensex closes flat, Nifty retains the 17,600 mark
On Friday, major indices of the stock market ended flat with the Sensex settling at 59,655.06 points and the Nifty closing at 17,624.05 points.
12 Apr 2023
FinanceTCS Q4 results: Profit jumps 14.8% to Rs. 11,392 crore
Tata Consultancy Services (TCS) has announced its financial results for the current fiscal year's fourth quarter.
13 Jan 2023
HCLHCL Q3 results: Profit rises 19% year-over-year to Rs. 4,096cr
HCL Technologies has released its financial results for the current fiscal year's third quarter.
13 Jan 2023
InfosysInfosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr
Infosys has announced its financial results for the current fiscal year's third quarter.
02 Dec 2022
Reliance IndustriesMukesh Ambani-led Reliance Industries is India's most valuable company
Mukesh Ambani's Reliance Industries has emerged as India's most valuable listed company in India, as per Hurun India's '2022 Burgundy Private Hurun India 500' list.
04 Mar 2022
WiproWFH ends; What Cognizant, TCS, HCL, and others have planned
When the COVID-19 pandemic hit in 2020, work from home or WFH became a more common model for employees in the formal sector.
15 Nov 2021
COVID-19Work-from-home ends for TCSers? Employees to return to offices today
India is gradually going back to normalcy after nearly two years of adapting to the pandemic. Along with educational institutions and industries, the Information Technology (IT) sector is also gearing up to reopen offices.
04 Jan 2021
InfosysIn 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.
02 Dec 2020
NissanNissan Magnite SUV launched in India at Rs. 5 lakh
Japanese automaker Nissan has finally launched its Magnite SUV in India. It is up for grabs in four trim options: XE, XL, XV High, and XV Premium.
31 May 2020
IndiaWork from home: The new reality of the 'post-coronavirus world'
In the new "upside-down" world, masks and gloves have replaced hugs and handshakes. Courtesy coronavirus, there's uncertainty, fear, anxiety, and most importantly distancing.
05 May 2020
IndiaPopular tech products that Chartered Accountants should know about
In India, Chartered Accountancy (CA) is one of the most respected professional courses. It is a three-level program offered by the Institute of Chartered Accountants of India.
27 Dec 2019
India#CareerBytes: Popular software/tech products that Chartered Accountants should learn about
In India, Chartered Accountancy (CA) is one of the most respected professional courses. It is a three-level program offered by the Institute of Chartered Accountants of India.
06 Sep 2019
New JerseyCognizant 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.
24 Aug 2019
IndiaHow 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.
21 Jul 2019
Finance#FinancialBytes: What will happen if you miss ITR filing deadline
July 31, 2019 is the last date to file Income Tax returns for FY 2018-19.
23 Apr 2019
IndiaTCS' 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.
21 Mar 2019
India#FinancialBytes: What is the difference between PAN and TAN?
Two of the most important documents for taxpayers and tax-collectors in India are the Permanent Account Number (PAN) and the Tax Deduction and Collection Account Number (TAN).
10 Mar 2019
GSTGST computing to exclude TCS; luxury-cars, jewelry to become cheaper
In a relief to buyers of high-value cars and jewelry, the Central Board of Indirect Taxes and Customs (CBIC) has said that the TCS amount would be excluded from the value of goods for computing Goods and Services Tax (GST) liability.
24 Feb 2019
India#FinancialBytes: What is the difference between PAN and TAN?
Two of the most important documents for taxpayers and tax-collectors in India are the Permanent Account Number (PAN) and the Tax Deduction and Collection Account Number (TAN).
19 Feb 2019
H-1B VisaGood 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.
21 Nov 2018
Bharti AirtelSensex falls over 200 points on weak global cues
The BSE benchmark Sensex fell over 200 points in early trade today following weak global cues amid fresh foreign fund outflows.
15 Nov 2018
AsiaSensex rises 115.89 points on fresh fund inflow, strong rupee
The 30-share BSE benchmark Sensex rose 115.89 points, or 0.33%, to 35,257.88 and the NSE Nifty regained 10,600-mark today backed by gains in auto, pharma, energy, and financial stocks, amid fresh foreign fund inflows and easing global crude prices.
23 Oct 2018
New JerseyTCS 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.
19 Oct 2018
India#CareerBytes: Top online courses to prepare for campus placements
Campus placement is one of the most important phases of a college student's academic journey.
22 Sep 2018
LondonIf 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.
23 Aug 2018
IndiaReliance 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.
11 Aug 2018
ChessIndian chess prodigy Shreyas granted right to stay in UK
Shreyas Royal, a 9-year-old chess prodigy, and his family were sent a letter by the United Kingdom Home Ministry, asking them to leave the country by September 10.
