To reach its targeted revenue of $50 billion by the end of 2029-30, the company will need to grow at a CAGR of 8.9 per cent over the next eight years to achieve that goal
The ongoing buyback of TCS stocks has seen record participation. Retail investors have tendered up to 1.9 million shares. What's driving investors towards the IT giant's buyback drive?
The mega Rs 18,000-crore buyback by IT giant Tata Consultancy Services (TCS) opens today and will run till March 23
TCS is planning to revamp the organisation structure to align with customers more closely, as it aims to achieve USD 50 billion (about Rs 3.89 lakh crore) revenue by 2030
Sun Pharma the biggest gainer among Sensex firms with a jump of 3.99 per cent, followed by TCS, NTPC, Wipro, Tech Mahindra, Dr Reddy's, UltraTech Cement and Infosys
The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.
Tata Consultancy Services (TCS) on Monday said its Rs 18,000 crore share buyback offer will open on March 9 and close on March 23.
He will take charge from TCS North America chairman Surya Kant, who will retire at the end of the current financial year after a stint of 43 years at the firm
Insurance related stocks could see some action as the India Protection Quotient (IPQ) survey 4, stated that term insurance ownership has gone up from 36 per cent to 43 per cent in the last two years.
The TCS Sydney Digital Garage provides access to the company's global ecosystem of academia, start-ups, and technology providers
The company has successfully pivoted to a digital business without an inorganic play, putting digital at the heart of strategy
TCS on January 12, 2022 had approved to buyback up to 40 million equity shares of face value of Rs 1 each at Rs 4,500 per equity share for an aggregate amount of upto Rs 18,000 crore.
Brokerages are advising their retail clients to buy shares of TCS to gain from the arbitrage opportunity created by its Rs 18,000-crore buyback
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
The company fixed February 23, 2022, as the record date for the Rs 18,000 crore share buyback plan.
Reliance Industries Limited, the most valued firm by market valuation, emerged as the only gainer from the top-10 pack
Activity picks up in restaurants, shops
The deal is over and above the recently signed second phase of Passport Seva Program
Tata Consultancy Services said it will expand operations in New Jersey by hiring about 1,000 additional employees by 2023 to meet the growing needs of customers to digitally transform their businesses
The contribution of IT sector in India's GDP rose from 1.2% in 1998 to 10% in 2019. It has made its presence felt globally too. Here's a report on the Indian IT sector and the road ahead for it