Page 14 - Tata Consultancy Services

TCS to consider share buyback in board meeting on October 11

This comes at a time when IT companies are struggling to maintain healthy revenue growth

As business from West takes a hit, Indian IT firms explore African market

As things stand, the African continent holds a relatively small share of less than five per cent in the global IT outsourcing

TCS to modernise unemployment claims system of US state of Georgia

Company will bring in web-based platform to apply for unemployment insurance benefits

TCS signs with Asda in disinvestment and digital transformation deal

TCS will aid Asda in enhancing its customer experience and innovation capabilities to help increase its market share

End of Work-from-home: IT cos nudge employees to prepare for 5-day office

The French IT company, Capgemini's employees have been asked to work from the office two days a week

MCX delays shift to new trading platform; shares decline 9% intraday

Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close

End of WFH? Tata Consultancy Services looks at 5-day work from office

No official memo for employees across the company, say sources

Tata Consultancy Services retains top spot as most valuable Indian brand

India's top 75 brands have a combined brand value of $379 billion, a decline of 4 per cent from 2022

India-Canada rift bad for business; IT firms may struggle to land new deals

Canada makes up to 5-6 per cent of Indian IT companies' revenues. Top companies like TCS and Infosys have recently acquired work from Canadian government departments and organisations

Indian IT cos don't see any immediate challenges due to India-Canada tussle

So far, both Canada and India have expelled senior diplomats in reciprocal moves. On Thursday, September 21, India temporarily suspended visa services for Canadian citizens

FY25 revenue growth of a few large IT companies likely to touch 10%

Last week, Infosys entered into an agreement valued at $1.5 billion with a global company for 15 years to offer enhanced digital services through its artificial intelligence (AI) solutions

M-cap of nine of top-10 valued firms add Rs 1.80 trn; TCS biggest winner

The combined market valuation of nine of the top-10 most valued firms rallied by Rs 1,80,788.99 crore last week, amid an overall buoyant trend in equities, with Tata Consultancy Services (TCS) emerging as the biggest gainer. Last week, the BSE benchmark jumped 1,239.72 points or 1.86 per cent. The 30-share BSE Sensex rallied for the 11th day running on Friday. The 30-share BSE benchmark had jumped 319.63 points or 0.47 per cent to settle at a record closing of 67,838.63 on Friday. During the day, it rallied 408.23 points or 0.60 per cent to hit its fresh all-time intra-day high of 67,927.23. Hindustan Unilever Limited was the only laggard from the top-10 pack. The list of winners had Reliance Industries Limited, TCS, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance. The market valuation of TCS jumped Rs 57,300.75 crore to Rs 13,17,203.61 crore. HDFC Bank added Rs 28,974.82 crore taking its market capitalisation (mcap) to Rs 12,58,989.87 ...

Top headlines: IT companies' forex revenue, falling global debt and more

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TCS gains 3%, hits 52-week high in range-bound market

TCS continues to witness robust demand for cloud migration, digital engineering, product innovation, and enterprise application solutions, according to analysts

After Chandrayaan success, TCE looks to increase footprint in space

TCE reported a consolidated total revenue of Rs 1,137 crore for the financial year 2022-23, up 27 per cent year-on-year

Nasscom launches Talent Connect portal to bridge job scout-seeker gap

In a first, it will focus on connecting skill-specific talent to employer base

Infosys Foundation announces STEM scholarship for underprivileged girls

Programme commits Rs 100 cr, will support more than 2,000 girl students in first phase

TCS bags contract to redesign, build new version of govt's GeM portal

IT major Tata Consultancy Services on Tuesday said it has bagged a contract from the government to redesign and build a new version of public procurement platform Government e-Marketplace (GeM). The GeM platform provides an end-to-end online marketplace for the central and state government bodies, including public sector undertakings, for procurement of common-use goods and services in a transparent and efficient manner. GeM CEO P K Singh said in its next avatar, GeM is envisioned to be an all-inclusive platform for government procurement, offering improved ease of doing business and transparency. "With TCS as our system integration partner, we are assured of architecting the new GeM with unmatched experience, rigour, and passion to develop a world-class solution," Singh said. The Gross Merchandise Value (GMV) of GeM is over Rs 2 lakh crore purchased by 70,000 buyer organisations from more than 65 lakh sellers and service providers, including over 8 lakh medium and small enterprise

TCS to revamp Government e-Marketplace, enhance efficiency, transparency

GeM acts as an end-to-end online marketplace for central, state govt bodies, including PSUs

With new business unit, TCS takes different path to genAI strategy

TCS will perhaps be the only large player which has set up a BU focused on AI