Page 26 - Tata Consultancy Services

Royal London expands ties with TCS for ramping up its pension platform

TCS will leverage its Machine First Delivery Model (MFDM) and Location Independent Agile model to help the firm achieve its digital strategy, gain business agility and drive deeper customer engagement

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

Advance tax collection: Automobile, IT firms lead surge in April-June qtr

Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base

Airtel announces partnership with Tata group for 5G network solutions

Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports

Virgin Atlantic partners with TCS to power recovery and transformation

Virgin is one of the UK's leading airlines

Global tax, local complexities: What G7 corporate tax deal means for India

The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities

Tata Consultancy Services targets to achieve net zero emissions by 2030

In FY 2021, TCS' specific carbon footprint across scope 1 and scope 2 was lower by 61.6 per cent compared to baseline year FY 2008.

Tata Steel's market capitalisation slips below Titan among group firms

M-cap falls 11% in 2 weeks to Rs 1.32 trn, against watchmaker's Rs 1.41 trn

High dividend payout driving rally in IT stocks; m-cap of top 5 up 87%

Since FY15, top 5 IT firms' share price has risen 116% against 132% increase in cash-pay out

TCS CEO Rajesh Gopinathan draws Rs 20.36 crore pay package in FY21

Tata Consultancy Services CEO and MD Rajesh Gopinathan took home a pay package of about Rs 20.36 crore in 2020-21, according to the company's annual report

Customers focus on transformation to drive growth for TCS: CEO

Customers embarking on multi-year technology refresh cycle and their increased focus on growth and transformation (G&T) initiatives are expected to provide strong growth levers for Tata Consultancy Services (TCS) in the medium and long term, its CEO Rajesh Gopinathan said. The top executive, in his letter to shareholders, said the company's business performance in the past year is a reflection of its resilience and adaptability. "In the early months of the pandemic, when the worldwide lockdown disrupted economic activity across virtually all sectors, your company responded with speed and agility, embracing a new operating model, Secure Borderless Workspaces (SBWS)," Gopinathan said. He added that working remotely, TCS' teams helped customers maintain business continuity during peak disruption, and thereafter, to accelerate their growth and transformation (G&T). "We are entering FY2022 with strong growth momentum and with much better visibility for future growth than we did ...

TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today

Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement

Despite some slowdown, the outlook for IT firms appears reasonable

Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds

Valuation concern clouds TCS' Q4 performance; stock falls over 4%

The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates

Here is why TCS shares declined 4% today despite a strong Q4 earnings show

Analysts at ICICI Securities, for instance, have downgraded TCS' stock from 'Add' to 'Hold' while Kotak Securities maintains 'Reduce'

TCS Q4 net profit jumps 15% to Rs 9,246 crore; revenue at Rs 43,705 crore

The biggest takeaway from the Q4 numbers was the order book at $9.2 billion, the highest ever reported by TCS in a quarter since the company started reporting this metric

Top headlines: TCS Q4 net rises 15%; factory output contracts 3.6% in Feb

Business Standard brings you top news of the evening

M-cap of four of 10 most valued companies jumps over Rs 1.14 trillion

The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Soc Gen Securities Services deploys TCS BaNCS across multiple locations

SGSS was looking for a platform that met its strategic objectives of providing standardised corporate actions processing and cash management services, and consistent customer