Tata Consultancy Services (TCS): News
Sensex gains over 620 points, Nifty settles above 24,500 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
Eight Indian powerhouses drive ₹1.83 lakh crore market surge
Last week saw a significant increase in the market valuation of eight out of the top 10 most valued firms, collectively adding ₹1,83,290.36 crore to their worth.
M-cap of top 9 firms soar, add ₹2.89 lakh crore
The market capitalization of nine out of the top ten most valued firms in the Indian stock market, has collectively added ₹2,89,699.42 crore to their valuation last week.
TCS, Xerox join forces for IT transformation using cloud, GenAI
Tata Consultancy Services (TCS) has announced a strategic partnership with Xerox to revolutionize the latter's IT infrastructure, using cloud and Generative Artificial Intelligence (GenAI).
Sensex gains over 180 points, Nifty settles at 23,465 mark
On Friday, the benchmark Sensex and Nifty indices saw gains.
TCS, HDFC Bank, Airtel, Infosys among world's top 100 brands
Four major Indian companies have occupied positions on the list of the 100 most valuable brands globally this year, per Kantar BrandZ Most Valuable Global Brands 2024 report.
Market valuation of top Indian firms skyrockets by ₹3.28 trillion
Eight of India's most valued domestic firms collectively added ₹3.28 lakh crore to their market valuation last week, led by Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries.
M-cap of top firms plummet, Reliance Industries suffers major loss
Last week, eight out of the 10 most valued companies in India, saw a significant drop in their combined market capitalization, amounting to a total loss of ₹2,08,207.93 crore.
Sensex ends above 73,960 points, Nifty settles at 22,530 mark
On Friday, the benchmark Sensex and Nifty traded flat. While the Sensex rose 0.10% to close at 73,961.31 points, the Nifty jumped 0.19% to end the day at 22,530.70 points.
IIT-B, TCS to create India's first quantum diamond microchip imager
The Indian Institute of Technology, Bombay (IIT-B) has announced a partnership with Tata Consultancy Services (TCS), the nation's leading IT services provider.
M-cap of 8 top Indian firms skyrockets ₹1.48 lakh crore
Eight of the top-10 most valued companies in India experienced a significant surge in their market capitalization last week, collectively adding ₹1,47,935.19 crore.
Sensex gains over 250 points, Nifty ends above 22,460 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
Cognizant issues termination threat to employees defying return-to-office directive
Cognizant, a leading IT firm listed on NASDAQ, has reportedly issued a severe warning to its employees.
Sensex gains 260 points, Nifty settles above 22,050 mark
On Friday, the benchmark Sensex and Nifty indices saw some gains after trading in the red for several sessions.
Sensex closes at 73,895 points, Nifty settles below 22,450 mark
On Monday, the stock market ended on a sluggish note as the Sensex and Nifty indices traded flat.
Wipro, 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.
Market 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.
TCS'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.
TCS 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.
TCS 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.
TCS 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.
BSE 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.
Sensex tanks over 730 points, Nifty settles near 21,800
On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall.
Reliance 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.
Sensex gains over 300 points, Nifty settles near 22,200 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
Tata 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.
TCS'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.
TCS 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.
Why Nifty IT index has jumped 5% today
The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.
Infosys, 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.
TCS 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.
Market 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.
TCS 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.
TCS 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.
TCS 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.
TCS 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).
Headcount 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.
Tech 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.
TCS 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.
TCS 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.