Page 14 - Tcs

TCS shares slip as brokerages offer mixed outlook, reduce earning estimates

Analysts believe that the earnings were satisfactory and were in line with their estimates, with an optimistic management waiting for a turnaround in the near future

TCS Q2FY25 results: Net profit rises 5% to Rs 11,909 cr, revenue up 7.6%

Company's performance missed profit estimates, beat on revenue growth

Ratan Tata last rites updates: Last rites performed with full state honours at Worli crematorium

Ratan Tata Death news Updates: Ratan Tata, the colossus of India Inc, who is credited with radically transforming the Tata Group into a global powerhouse, died at the age of 86, the company said

Market Close Highlights, Oct 10: Sensex adds 144 pts, Nifty nears 25,000; Banking shares shine

Stock Market Close Highlights, Oct 10, 2024: Kotak Mahindra Bank, JSW Steel, HDFC Bank, Bharat Electronics, and IndusInd Bank were among the 23 constituent stocks of the Nifty50 that ended in the gree

A look at Ratan Tata's business successes and 'aspirational mistakes'

Ratan Tata's tenure as chairman was marked by transformative achievements, including the Tata Indica and the acquisition of Tetley, and Jaguar Land Rover, expanding the group's global footprint

Tata Consultancy cancels Q2 earnings press events after Ratan Tata's death

Tributes poured in from around the world for Ratan Tata as people remembered his remarkable journey and unparalleled contributions to the Indian business landscape and the society

TCS Q2 Preview: Analysts expect single-digit profit rise, focus on outlook

Tata Consultancy Services (TCS), the largest Indian information technology firm is set to report its financial performance for the July-September quarter of fiscal year 2024-25 (Q1FY25) on Thursday

Tata Group stocks trade weak; Tata Power, Tata Chem, Tata Com down up to 6%

Thus far in CY24, Voltas (up 81%), Tata Investment Corporation (53%), Tejas Networks (31%), Tata Power (35%), Nelco (20%),Tata Steel (18%) and Tata Communications (13%) have outperformed the Sensex.

Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs

At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.

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

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 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 ...

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

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

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

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

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

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

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

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.