The tech firm will expand the next leg of digital transformation at SBI Cards
The comments from the TCS chief are significant because this means that the Tata Group would displace Accenture which had reported over $50 billion in revenue last year
Gatlin won the 2004 Olympic 100m race and also is a four-time World Athletics Championships gold medalist
TCS, the largest player in India's $227 billion tech services industry, must deal with a host of challenges, from Covid outbreaks in China that are disrupting supply chains to the war in Ukraine
Tata Sons has also taken shareholder approval to raise Rs 40,000 crore of debt
On Friday, Tatas announced revamp of the Air India board when the airline's functional directors stepped down and execs from various group companies took charge
Though companies are saying they are managing supply side constraints by hiring more freshers and by subcontracting, exits is clearly impacting margins and profitability
A private 5G network enables enterprises to dedicate bandwidth for ultra-reliable low-latency use cases such as robotics and industrial IoT, with control over data, security and networks
Most analysts have broadly maintained their 'buy' rating on the stock as they believe the company's demand outlook for FY23 remains robust despite macro-headwinds.
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.
Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.
The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4
Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago
The company's board recommended final dividend of Rs 22 per equity share for Q4FY22; India's top IT exporter benefited from a wave of digital transformation sweeping across the globe
Shehbaz Sharif, the Pakistan Muslim League-Nawaz (PML-N) president, was elected unopposed as the new Prime Minister of Pakistan by Parliament on Monday
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
Analysts say the company's margins are likely to be flat to slightly negative on QoQ basis due to supply side pressures and high employee costs.
India Inc is all set to start the Q4 earnings season. IT major TCS will kick-start the season with its results later today. Will the sector's performance be marred by the geo-political risks in Q4?
TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.