TCS

TCS is in discussions with Microsoft, AWS, Google and Nvidia to co-develop enterprise solutions for its HyperVault data centre business

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TCS and SAP have agreed on a five-year collaboration to streamline enterprise IT, strengthen AI-led capabilities and accelerate innovation as clients shift savings from traditional contracts

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The Fifth Circuit Court of Appeals has upheld $194 million in damages against TCS in the DXC trade secrets case, even as it vacated an earlier injunction and sent it back for reassessment

TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres

Zomato emerges fastest-rising brand for second year in a row

Tata Consultancy Services (TCS) on Tuesday said it has been chosen by the National Health Service (NHS) Supply Chain to provide application development, support and maintenance for its core business systems and cloud infrastructure, for five years. TCS will deploy a host of cloud and AI-enabled solutions to modernise NHS Supply Chain's IT systems and enhance overall operational efficiency, the company said in a regulatory filing. TCS will replace NHS' legacy systems with a modern supply chain, enterprise resource planning solution for faster time-to-market, seamless scalability, and enhanced customer experience. TCS will also transform the legacy operations into a product and platform-based IT operating model, enabling NHS Supply Chain to make smarter deliveries and operate more strategically. "This shift will strengthen our resilience, improve user experience, and enable us to respond faster to changing business and customer needs. Ultimately, it will enhance our operational ...

TCS loses its premium edge as slower profit growth and margin pressure pull its P/E below rivals for the first time since 2011

The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities. In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per cent, and the Nifty declined by 229.8 points or 0.89 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, Infosys and Hindustan Unilever faced erosion from their valuation, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack. The market valuation of Bharti Airtel tumbled Rs 30,506.26 crore to Rs 11,41,048.30 crore. TCS faced an erosion of Rs 23,680.38 crore from its valuation, which stood at Rs 10,82,658.42 crore. The market capitalisation (mcap) of Hindustan Unilever dropped by Rs 12,253.12 crore to Rs 5,67,308.81 crore, and that of

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The combined market valuation of seven of the top-10 most valued firms jumped by Rs 1,55,710.74 crore in the holiday-shortened last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the BSE benchmark climbed 259.69 points or 0.30 per cent. On Thursday, the 30-share BSE Sensex hit its 52-week high of 85,290.06. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Bajaj Finance, Infosys, and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, ICICI Bank, and Hindustan Unilever saw their valuations erode. Reliance Industries added Rs 46,687.03 crore, taking its market valuation to Rs 19,64,170.74 crore. The market capitalisation (mcap) of TCS jumped by Rs 36,126.6 crore to Rs 11,08,021.21 crore. The valuation of Infosys surged by Rs 34,938.51 crore to Rs 6,33,712.38 crore, and that of State Bank of India

H1B is now far less of a retention policy than it once was, and we should not be assessing today's scenario through yesterday's lens

Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.

The company said that AI tools capable of learning and evolving on their own demand a new kind of testing and quality assurance

TCS dividend yield: At the current market price, TCS offers a dividend yield of approximately 2.08 per cent

The IT firm will integrate quarterly variable pay with fixed pay from October, mainly benefiting junior staff, while attrition falls and fresher hiring gains pace

The combined market valuation of eight of the top-10 most valued firms jumped by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with an optimistic trend at the Dalal Street. Last week, the BSE benchmark surged 1,293.65 points or 1.59 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Bajaj Finance and Infosys were the gainers from the top-10 pack, Hindustan Unilever and Life Insurance Corporation of India (LIC) faced erosion from their market valuation. TCS added Rs 45,678.35 crore taking its market valuation to Rs 10,95,701.62 crore. The valuation of Infosys jumped Rs 28,125.29 crore to Rs 6,29,080.22 crore and that of HDFC Bank surged Rs 25,135.62 crore to Rs 15,07,025.19 crore. Bharti Airtel's market valuation zoomed Rs 25,089.27 crore to Rs 11,05,980.35 crore. The market capitalisation (mcap) of Reliance Industries climbed Rs 25,035.08 crore to Rs 18,70,120.06 crore

Shares dip after Q2 profit misses estimates; brokerages cite solid AI plans and margin gains but flag weak near-term growth visibility