Page 68 - Tcs

TCS conducts online test to recruit engineers for multi-functional roles

Over 200 'Digital Zones' spread across 160 cities, including each of the North Eastern states, were leveraged as exam centres

TCS seen front-runner for $3.5-bn Britain's Network Rail contract

HCL, Wipro also likely to bid for UK's biggest IT tender

TCS regains its status as India's most valued firm by market cap

At close of trade on Friday, the market capitalisation (m-cap) of TCS stood at Rs 7956.5 billion, which is Rs 91.83 billion more than that of RIL

TCS may make cognitive automation software ignio as a standalone firm

The product has more than 75 patents filed in the artificial intelligence (AI), machine-learning and intelligent-automation space

Digitate clocks triple-digit annual growth in customer acquisition, revenue

Indigenously developed at the TCS Research & Innovation Labs in 2015, ignio has over 75 patents filed in the AI, machine learning and intelligent automation space

TCS beats Reliance Industries, becomes India's most valued company again

TCS had first replaced RIL as the most valued firm more than five years ago

TCS hits new high as Q1 profit beats Street estimate; stock ends 5% higher

TCS Q1FY19 CC revenue growth at 4.1% QoQ is a meaningful beat to estimates and is highest in several quarters.

Organic focus cause of concern for TCS; positive on niche acquisitions

TCS' digital revenues on a smaller base grew almost 9%

TCS sets up third delivery centre in France with 230 seating capacity

Over the past 5 years, TCS' growth in France has been boosted by development of the business sector and big contracts with French multi-national clients

TCS board approves proposal to buy back up to 76 mn shares worth Rs 160 bn

At Rs 2,100 a share, this will mean a 15% premium over its current market price

TCS bets on innovation, research in new technology to drive digital growth

In the fourth quarter of 2017-18, the digital segment accounted for 23.8% of TCS' overall revenues, which grew at a healthy rate of 42.8% on a year-on-year basis

TCS becomes first company to close trading with over Rs 7 trillion m-cap

On the equity volume front, 766,000 shares of the company were traded on BSE and over 9.1 million shares changed hands at NSE during the day

Buyback, deal win to add to TCS' earnings, stock nearing all-time high

Premium for buyback likely to be lower than last year, say analysts

TCS gains 3% as board mulls share buyback proposal

The stock was up 3% at Rs 1,830 on the BSE in early morning trade after the IT major said that its Board will consider a proposal for buyback of equity shares of the company, at its meeting on June 15

TCS board mulls share buyback programme, to meet on Friday

The company had bought back 56.14 million equity shares, representing around 3% of its total equity for around Rs 160 billion

TCS expands partnership with M&G Prudential, deal now worth over $1.2 bn

Software services major Tata Consultancy Services (TCS) today said it has expanded its agreement with M&G Prudential, which will expand the deal size to more than USD 1.2 billion. TCS had announced its 10-year partnership with M&G Prudential in January this year, which was worth USD 690 million. Under the deal, the administration of over four million life and pensions contracts were moved from Capita (Prudential's previous partner) to TCS' Diligenta. "The agreement has now been expanded to cover an additional 1.8 million customer policies which will move from M&G Prudential to TCS, bringing the total number of policies covered by the partnership to 5.8 million, and is worth an additional 500 million pounds (USD 668 million) over the term of the contract," TCS said in a statement today. Around 400 roles from M&G Prudential across a number of UK sites are expected to be transferred under the TUPE (transfer of undertakings) arrangements to the TCS' UK subsidiary, it ...

TCS is bunching its $7 bn cash reserves to drive payouts to shareholders

The company's cash-distribution plan is one of the primary drivers of its investment strategy rather than returns maximization, Gopinathan said

TCS market cap crosses Rs 7-trillion mark; stock hits new high of Rs 3,674

TCS market-cap hit Rs 7.03-trillion after the stock hit new high of Rs 3,674 on the BSE in intra-day trade.

TCS hits record high after fixing record date for 1:1 bonus issue

The stock hit record high of Rs 3,585, up 2.4% after the company has fixed June 2, 2018 as the record date for determining the entitlement of members to receive bonus shares in the ratio of 1:1.

TCS soaring m-cap: Tata Sons to benefit as IT firm enters $100-bn club

Some of the immediate financial needs that face the company include repaying the debt of Tata Teleservices before it is merged with Bharti Airtel