| Promoter entities sell 2.73 cr shares in TCS | 19-NOV-09 |
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| The country's largest software exporter, Tata Consultancy Services (TCS), today said various promoter group entities sold over 2.73 crore shares in the company, representing a 2.03 per cent stake, over a period of a little more than one year. |
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| TCS engg services business sees growth, begins hiring | 19-NOV-09 |
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| Tata Consultancy Services, India’s largest information technology services provider, is witnessing positive movement in its engineering and industrial services (EIS), which was impacted by the economic slowdown. |
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| Top-8 cos add Rs 1 lakh cr in m-cap last week | 15-NOV-09 |
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| The country's most valued firm Reliance Industries (RIL) helped eight of the top-10 Sensex firms add over Rs 1 lakh crore in their market valuation during the last week, while the state-run MMTC and private telecom services provider Bharti Airtel saw value erosion. |
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| TCS bags Rs 1,160-cr deal in UK | 04-NOV-09 |
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| India’s largest information technology services provider, Tata Consultancy Services (TCS), has been chosen strategic IT partner by the City Council of Cardiff in Britain for 15 years. |
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| Intermediate trend reversal confirmed | 02-NOV-09 |
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| Prices collapsed in settlement week with the Nifty dropping 5.7 per cent to close at 4,711.7 points. The Sensex was down 5.5 per cent, closing at 15,896 points. The Defty was down 6.8 per cent with the dollar bouncing from over-sold levels. |
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| Worst may be over for major Indian IT firms | 28-OCT-09 |
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| Notwithstanding the growing concern over an appreciating Indian rupee against the US dollar which could eat into their operating (Ebitda) margins, major Indian IT services providers believe the worst is behind the sector. |
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| Promoters make hay in bull market | 26-OCT-09 |
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| Promoters of around 200 large- and mid-cap companies have sold parts of their holdings to raise a combined Rs 50,000 crore in the second quarter of this financial year (July-September), according to the shareholding pattern filed by these companies with stock exchanges. |
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| Healthy demand outlook | 26-OCT-09 |
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| A revival in the US financial services sector and better cost management would help TCS sustain profitable growth. |
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| Indian cities still hot for outsourcing | 22-OCT-09 |
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| Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey. |
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| TCS: Banking boost | 20-OCT-09 |
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| Improving demand from the US financial sector helps shore up numbers. |
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| TCS beats the street; net up 29% | 17-OCT-09 |
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| Beating analysts’ expectations, India’s largest IT services provider, Tata Consultancy Services (TCS), posted a 29.2 per cent increase in consolidated net profit (Indian GAAP) at Rs 1,642 crore for the second quarter ended September 30 against Rs 1,271 crore in the same quarter a year ago. |
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| Passport Seva Project progressing well, says TCS | 16-OCT-09 |
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| Leading IT services firm, Tata Consultancy Services (TCS), today said the proposed Passport Seva Project is progressing very well and it was working closely with the government on the same. |
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| Intermediate trend reversal? | 12-OCT-09 |
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| It turned out to be a strange week when the market traded within a narrow range and suffered significant net losses. The Nifty closed at 4,945.2 points for a week-on-week loss of 2.72 per cent. The Sensex was down 2.87 per cent at 16,642. The Defty lost a comparatively lower 0.36 per cent as the rupee hit a record high. |
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