Page 29 - Tata Consultancy Services

TCS renews sponsorship of New York Road Runner for eight years

To invest $30-40 mn annually in global running sponsorships & related community programmes

TCS to take iON global after test-marketing success in some markets abroad

Management said digital transformation with cloud adoption is accelerating in all markets, save India

Top headlines: TCS to hire over 40k freshers; $500 mn more invested in Ola

Business Standard brings you top news of the day

TCS to hire over 40,000 freshers from Indian campuses in FY22

The company's chief operating officer N Ganapathy Subramaniam said there is no dearth of talent supply in India

TCS Q1 PAT up 28.5% YoY; India business down 14.1% due to second wave

The company continued to see robust growth operationally, reporting total contract value of $8.1 billion, deal signing driven by growth across geographies and verticals

TCS down 1% as June quarter earnings miss Street expectation

For the first quarter, net profit of the company at Rs 9,008 crore grew by 28.5 per cent year-on-year basis, but was down 2.5 per cent sequentially

TCS Q1 results: Net profit rises 28.5% to Rs 9,008 cr, misses estimates

Consolidated revenue rose 18% to Rs 45,411 crore from Rs 38,322 crore in June 2020

India shifts international tax deal stand with an eye on revenue

India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%

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