Page 46 - Tcs

Top 10 firms lose Rs 3.91 trillion in m-cap; TCS, RIL biggest laggards

Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%

BSE IT index tanks 11% so far in June; TCS, Infosys, Wipro hit 52-week low

Fears of a recession in the US grew after Federal Reserve's biggest rate hike in nearly three decades, followed by Swiss National Bank raising its policy interest rate for the first time in 15 years.

At Rs 79.8 crore, Wipro CEO Delaporte highest paid in Indian IT sector

The Wipro CEO's package in FY22 was Rs 79.8 crore while the Infosys CEO, Salil Parekh drew Rs 71 crore, and the TCS CEO & MD, Rajesh Gopinathan drew 25.8 crore

A lot has changed since decades-old IT Act: Chandrasekaran at TCS AGM

Tata Sons chairman says Digital India Act need of the hour

Four of top-10 firms add Rs 2.31 trn in m-cap; Reliance lead gainer

The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore

Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?

In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now

Our biz is only B2B, we may get into B2C: N Ganapathy Subramaniam of TCS

In a Q&A, the COO of India's top IT services firm speaks about the company's wish list beyond numbers, concerns on slowing growth commentary from brokerages that has pulled the stock down

Tech funds run into rough weather in CY22, IT firms' stocks do well

Indian IT services sector is expected to benefit from digital transformation, particularly aided by cloud adoption.

File ITR to avoid TDS/TCS deduction at higher rate, say analysts

The CBDT has issued a circular pertaining to Sections 206AB and 206CCA of the I-T Act, which provide details regarding people to whom higher TDS/TCS rates should apply

TCS CEO Gopinathan's salary up 26.6% in FY22, firm rejigs business groups

Average annual salary increase for TCS employees was in the range of 5-8 percent in India, says annual report.

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

Chart check: Here's why Mehul Kothari recommends buying Axis Bank, TCS

According to the technical analyst from Anand Rathi, one can accumulate Axis Bank in the range of Rs 663 - 657 with a stop at Rs 630.

Second innovation hub in US to strengthen TCS lead position in market

Firm hires over 7,000 in the US in FY22; numbers may go up in FY23

Chart check: Nifty IT down 11% in April; Is it time to buy TCS, HCL Tech?

Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.

Top headlines: Musk to buy Twitter, LIC board to meet today to fix IPO date

Business Standard brings you top headlines of the day

TCS, Infosys come to terms with reality of real-time recruiting

The process runs unabated on a loop for large parts of the year, aided by online platforms

TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

TCS aims to be world's largest IT company; says large-scale ops not a worry

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

Sprint legend Justin Gatlin to promote TCS World 10K Bengaluru marathon

Gatlin won the 2004 Olympic 100m race and also is a four-time World Athletics Championships gold medalist

TCS CEO vows to navigate IT giant through global tumult, attrition

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