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Tcs

Indian IT sector turns to campus placements after a year-long pause

The Indian IT sector companies are resuming campus recruitment after a year, showing signs of recovery for the industry. The companies are looking to hire skilled freshers rather than entry-level jobs

Indian IT sector turns to campus placements after a year-long pause
Updated On : 21 Sep 2024 | 10:48 AM IST

TCS announces launch of new delivery centre in Poland, aims to expand ops

The centre forms part of TCS' European delivery network, facilitating the delivery of hyper-connected services

TCS announces launch of new delivery centre in Poland, aims to expand ops
Updated On : 20 Sep 2024 | 2:30 PM IST

TCS expands operations in Poland, aims to double workforce in a year

Tata Consultancy Services (TCS) on Friday said it has expanded operations in Poland with the opening of a new delivery centre in Warsaw, and expects to double its workforce in the region to over 1,200 within a year. The new delivery centre showcases TCS' capabilities across industries and technologies, according to a regulatory filing. "The new delivery centre will allow TCS to access the skilled talent pool in the Polish Information and Communication Technology (ICT) industry to provide hyper-connected services to global clients. "With the new delivery centre, TCS expects to double its workforce to 1,200-plus in a year to support its further growth in the region," it said. Indian Ambassador to Poland Nagma Mallick, TCS head of Europe Sapthagiri Chapalapalli and General Manager for TCS in Eastern Europe Prabal Datta inaugurated the centre. The new centre joins TCS' European delivery network, which facilitates the delivery of hyper-connected services to its customers across ...

TCS expands operations in Poland, aims to double workforce in a year
Updated On : 20 Sep 2024 | 2:14 PM IST

IT major TCS retains position as India's most valuable brand: Kantar

With a brand value of $49.7 billion, TCS has seen a 16 per cent rise compared to last year, driven by investments in innovation, particularly in artificial intelligence (AI) and digital transformation

IT major TCS retains position as India's most valuable brand: Kantar
Updated On : 19 Sep 2024 | 11:59 PM IST

Combined value of top 75 brands up 19% to $450.5 bn, TCS tops chart: Report

The combined valuation of India's top 75 valuable brands has gone up at an "impressive growth" rate of 19 per cent to USD 450.5 billion, according to the Kantar BrandZ report. India's leading IT firm TCS remained the most valuable brand for the third straight year, folllowed by HDFC Bank, Airtel, Infosys and SBI, the report said. "With a brand value of USD 49.7 billion, TCS has seen a 16 per cent rise versus last year, driven by investments in innovation, particularly in AI and digital transformation," it said. Brands across business sectors have fuelled the growth, with 54 brands boosting their brand value over the past year, according to the Kantar BrandZ MostValuable Indian Brands Report. "This impressive growth outpaces most other BrandZ rankings globally and closely mirrors the 20 per cent increase seen in the Global Top 100," it said. Financial services brands dominate the list as 17 brands contributed 28 per cent of the ranking overall brand value. HFDC Bank is second with

Combined value of top 75 brands up 19% to $450.5 bn, TCS tops chart: Report
Updated On : 19 Sep 2024 | 10:17 PM IST

TCS signs deal with McDonald's Philippines to digitise ops at 760 outlets

Indian company will implement an advanced upgrade of McDonald's IT systems in the Philippines

TCS signs deal with McDonald's Philippines to digitise ops at 760 outlets
Updated On : 18 Sep 2024 | 2:02 PM IST

Tata group preparing for the future, says Chairman N Chandrasekaran

Chandra said that as part of the transition, the group companies are offering more online products and embedding artificial intelligence into their internal processes

Tata group preparing for the future, says Chairman N Chandrasekaran
Updated On : 16 Sep 2024 | 10:38 PM IST

Tax notices to employees are a 'discrepancy', ITRs to be reprocessed: TCS

"It's possible that the delay in TDS deposits could have been from TCS's side, but it seems more likely to be a technical error," said a senior partner at a major consultancy firm

Tax notices to employees are a 'discrepancy', ITRs to be reprocessed: TCS
Updated On : 14 Sep 2024 | 12:25 AM IST

Over 30,000 TCS workers affected by TDS errors; Tax dept sends notices

The problem is reportedly believed to have stemmed from a software error that resulted in TDS claims not being properly updated on the income-tax portal

Over 30,000 TCS workers affected by TDS errors; Tax dept sends notices
Updated On : 13 Sep 2024 | 10:32 AM IST

Tata electronics, TCS to develop India's first domestic chips by 2026

Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare

Tata electronics, TCS to develop India's first domestic chips by 2026
Updated On : 13 Sep 2024 | 10:27 AM IST

IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'

The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.

IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'
Updated On : 10 Sep 2024 | 2:51 PM IST

Mcap of eight of top-10 most valued firms erode by Rs 2 trn; TCS, LIC drop

The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to

Mcap of eight of top-10 most valued firms erode by Rs 2 trn; TCS, LIC drop
Updated On : 08 Sep 2024 | 10:39 PM IST

Gen AI boosting productivity of Indian IT industry's rising niche: TCS exec

Generative AI has taken centre stage in the space and clients are replanning budgets and product features, Chakravarti said

Gen AI boosting productivity of Indian IT industry's rising niche: TCS exec
Updated On : 05 Sep 2024 | 4:29 PM IST

TCS expands partnership to transform Primark's tech operations over 5 years

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

TCS expands partnership to transform Primark's tech operations over 5 years
Updated On : 29 Aug 2024 | 4:51 PM IST

IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here's why

Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE

IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here's why
Updated On : 28 Aug 2024 | 3:08 PM IST

TCS launches Pace Studio in Philippines to drive digital innovation

TCS Pace Studio in Manila, the fifth of its kind globally, is part of an extensive innovation ecosystem of TCS Pace spanning major global cities

TCS launches Pace Studio in Philippines to drive digital innovation
Updated On : 27 Aug 2024 | 4:24 PM IST

20 years since listing: TCS gives 77.5% cash returns to investors

In 2004, TCS made history with the first $1 billion initial public offering (IPO) by a private-sector company in India. Tata Sons diluted 14 per cent of its equity shares

20 years since listing: TCS gives 77.5% cash returns to investors
Updated On : 25 Aug 2024 | 10:53 PM IST

Tata group's listed companies see small increase in staff in FY24

TCS accounted for bulk of attrition at group level in FY24

Tata group's listed companies see small increase in staff in FY24
Updated On : 23 Aug 2024 | 12:06 PM IST

Top Indian cos sees a 40% jump in sexual harassment complaints in FY24

Data from Complykaro shows a 40.4% increase in sexual harassment complaints, with 268 more cases filed than in the previous financial year

Top Indian cos sees a 40% jump in sexual harassment complaints in FY24
Updated On : 21 Aug 2024 | 12:18 PM IST

Macquarie reaffirms 'outperform' rank to TCS; stock hits 52-week high

Macquarie raised TCS's share price target to Rs 5,740 per share, up from the previous Rs 4,522.55

Macquarie reaffirms 'outperform' rank to TCS; stock hits 52-week high
Updated On : 20 Aug 2024 | 11:20 PM IST