Tata Consultancy Services (TCS): News

07 Aug 2018


9-year-old India chess prodigy asked to leave UK

Shreyas Royal, a 9-year-old chess prodigy, and his family have been sent a letter by the UK Home Ministry, asking them to leave the United Kingdom by September 10.

17 Jul 2018


#FinancialBytes: A step-by-step guide to Income Tax return filing

July 31 is the last date to file your income tax, and if you fail to do it on or before that, a penalty of upto Rs. 10,000 would be levied.

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.

09 Jul 2018


200 days later, Bengaluru techie still missing: Family demands CBI-probe

On December 18, 2017, Kumar Ajitabh, a Bengaluru-based techie, went out to meet a prospective buyer of his Maruti Ciaz car that he had enlisted on OLX.

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.

05 Jun 2018


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

Today the business space remained rocked up with news from a variety of sectors.

05 Jun 2018


Wipro announces 6-7% average increment for 2018

India's third-largest software services exporter, Wipro, has announced a 6-7% average increment for its employees for the year, effective from June 1.

10 May 2018

Bharti Airtel

Sensex rises over 128 points on firm global cues

The BSE Sensex rallied over 128 points to 35,447.43 in early session today, maintaining its positive form for the fourth straight day on positive cues from global markets.

07 May 2018


Now, you can apply for driver's license and turn organ-donor

If victims of fatal accidents pledged to donate their organs, India would have toppled Spain from being the world leader in organ donation by now.

05 May 2018

New Jersey

US firms sue US immigration services over stringent H-1B rules

A group of US outsourcing and technology companies with extensive operations in India have sued the US Citizenship and Immigration Services (USCIS) over a recently issued policy memo which puts significant restrictions on H-1B workers.

30 Apr 2018


Report: Tax collection up by Rs. 1.5 lakh crore

The Union government's drive towards bringing more people under the tax net has helped it collect an additional Rs. 1.5 lakh crore in direct taxes during 2017-2018.

28 Apr 2018

Andhra Pradesh

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.

25 Apr 2018

Tech Mahindra

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.

03 Apr 2018


Mumbai: Police verification for passport to be done in 1-week

Soon, police verification for passports for people in Mumbai and Pune will be done in a week, as against the 20 days that cops take currently, said Dnyaneshwar M Muley, secretary, MEA.

02 Apr 2018


Sensex begins FY19 on firm note, rises over 100 points

Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.

13 Mar 2018

Bharti Airtel

Sensex cautious on weak global cues; TCS cracks 5%

Despite positive macroeconomic data and the appreciating rupee, the BSE Sensex turned choppy on tepid cues from overseas market.

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.

23 Feb 2018


Indian firms to be hit after new H-1B visa rules

US President Donald Trump's administration announced new H-1B visa rules, ahead of the filing season, expected from April 2.

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.

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.

07 Sep 2017


Falling GDP hits campus hiring, placement could fall another 25%

Final-year management and tech students might have a hard time finding jobs: the slump in campus placement is expected to continue on the back of falling economic growth.

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.

27 Jun 2017


GST update: E-commerce players get respite from TDS collection

As the nation gets ready for the new Goods and Service Tax regime, e-commerce companies such as Amazon and Flipkart are given a temporary relief from one of their preparation burdens by the finance ministry.

23 May 2017


NASSCOM increases lobbying expenditure to battle Trump's H-1B visa policy

It is no secret that the IT sector depends largely on foreign contracts for its sustenance and Trump's "Hire American" agenda has now brought the IT sector to its knees.

12 May 2017

Tamil Nadu

Layoffs in IT sector- Time for trade unions?

The recent layoffs within the IT industry have made employees wary of their job security and now a faction of the disgruntled workers have filed a petition against the IT firms via The Forum for IT employees (FITE).

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.

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.

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.

22 Feb 2017

Ratan Tata

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.

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.

20 Feb 2017

Tata Sons

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.

17 Feb 2017


E-commerce sellers will pay 2% tax at source in GST

E-commerce giants like Amazon, Flipkart and Snapdeal are trying to convince the government to scrap from the final Goods and Services Tax draft, the 2% tax that e-commerce marketplaces collect from sellers on their platform.

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."

21 Jan 2017

Ratan Tata

Tata's new Chairman Chandrasekaran's litmus test

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

13 Jan 2017

Tech Mahindra

Infosys, TCS profits up in Q3

TCS registered a 0.3% rise in dollar revenue ($4.39 billion) while its net profit rose 1.6% to touch the $1 billion in Q3 of the current fiscal.

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.

15 Dec 2016

Tech Mahindra

$116bn-worth IT contracts up for renewal in 2017

Indian companies in the Information Technology services sector have been steadily increasing their share in global IT outsourcing.

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.

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.