Page 6 - Tata Consultancy Services

TCS defers salary hikes amid global uncertainty, US tariff concerns

The hikes will be implemented later in the financial year, once there is greater clarity and the outlook improves, company executives said at a press conference on Thursday

Tata Consultancy Services announces Rs 45,612 crore total dividend for FY25

With this final dividend, TCS's total dividend payout for the financial year would be Rs 45,612 crore-significantly higher than the FY24 dividend of Rs 26,426 crore

TCS Q4FY25 results: Net profit falls 1.7% to ₹12,224 cr, dividend declared

TCS Q4 FY25 results: The board of directors has recommended a final dividend of ₹30 per equity share

Q4 results today: TCS and two others to kick off earnings season on Apr 10

Q4 FY25 company results today, April 10: TCS, Anand Rathi Wealth, and Evoq Remedies will release their earnings report for the quarter that ended on March 31

TCS Q4 Preview: IT major to post muted revenue growth, margin gains likely

The Tata Group's IT arm will kickstart the fourth quarter earnings season for India Inc. on Thursday, April 10.

₹1.5 trillion market-cap drop in 11 Tata group stocks; What should you do?

"Tata Group shares have rallied in the last three years and have outperformed other group stocks in the Indian markets, said Kranthi Bathini, equity strategist, WealthMills Securities

50% of Sensex stocks sink over 5%; Tata Motors, RIL, TCS hit 52-week lows

Trump tariffs, stock market today: Tata Motors share price sank 10.31 per cent to ₹550.55 per share after Jaguar Land Rover said it has halted exports to the US this month

TCS signs 5-yr partnership with Air New Zealand to modernise digital infra

This partnership strengthens TCS' commitment to New Zealand, where it has been a trusted partner for digital transformation for over 37 years

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

Tata Capital seeks approval for related party deals with Tata Steel, TCS

Under the factoring arrangement, Tata Steel discounts its sales receivables with Tata Capital (TCL) arising from goods sold on credit to customers

Target is to double organisations' AI adoption rate: TCS CTO Harrick Vin

Less than 15-25 per cent of all use cases going into production

TCS extends partnership with Norway's DNB Bank ASA for five years

Over the past 12 years, TCS has partnered in DNB's innovation and transformation journey, delivering a wide range of digital solutions

TCS extends partnership with Norway's DNB Bank ASA for next 5 years

India's largest IT services company Tata Consultancy Services (TCS) on Friday announced an extension of its partnership with Norway's largest financial services group, DNB Bank ASA, for an additional five years. It, however, did not divulge the financial details of the extended contract. With the renewed pact, TCS will continue as DNB's strategic partner, supporting the bank's digital modernisation, while enhancing cost efficiency targets, according to a release. TCS will also deploy next-generation technology for DNB's modernisation initiatives by maintaining and developing new applications, strengthening security capabilities, and providing insights on next-generation technologies, including Artificial Intelligence (AI) and quantum computing. Elin Sandnes, Group EVP of Technology and Services at DNB, said that the group already has a longstanding and proven relationship where TCS has helped enable some of the biggest transformations and innovations over the past twelve years. "W

Growth jitters take 'byte' out of TCS; nears 52-week low on growth concerns

In past two days, TCS was down 4% to Rs 3,624.90 on fears of a slowing US economy and trading close to its 52-week low of Rs 3,593.30 touched on June 4, 2024.

TCS accused of visa violations by former staffers, company rejects claims

TCS has firmly rejected the accusations, saying, 'we strongly refute these inaccurate allegations by former employees, which have previously been dismissed by multiple courts'

TCS stock can tank 16%, trades below this key monthly support after June 23

TCS is seen testing its 20-month moving average for the first time in 21 months, a monthly close below the same shall open the doors for a slide towards Rs 3,170 levels; suggests technical chart.

Mcap of 8 of top-10 valued firms tumbles Rs 2 trn; Reliance biggest laggard

The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, Hindustan Unilever, Bajaj Finance and ITC faced a combined erosion of Rs 2,03,952.65 crore in their valuation, Bharti Airtel and ICICI Bank emerged as the gainers. The market capitalisation (mcap) of Reliance Industries tanked Rs 67,526.54 crore to Rs 16,46,822.12 crore. The valuation of TCS tumbled Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank's mcap eroded by Rs 28,382.23 crore to Rs 12,96,708.35 crore and

TCS to modernise Muscat Clearing & Depository system under new agreement

TCS will implement its flagship platform, TCS BaNCS for Market Infrastructure, alongside Quartz, to enhance MCD's Clearing, Settlement, and Depository services

Businesses need to be perpetually adaptive, says TCS CEO K Krithivasan

A technology-led approach turns these transformation goals into achievable realities

Andhra Pradesh govt to develop Data City near Vizag, create 2 mn jobs

In line with the Telugu Desam Party's election promise to create 2 million jobs within five years, the state government has unveiled plans to develop the Data City in Madhurawada