Page 9 - Tcs

TCS and Virgin Airlines sign 7-year agreement for AI, cloud upgrade

TCS will help modernise the Virgin Airlines' core technology systems, including pricing, seat allocation, maintenance, and anticipate customer preferences and meal choices

Dividend, stock split, bonus, rights issue: TaMo, TCS & 5 others in focus

Following recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors

Dividend stocks: TCS, L&T, 24 others to go ex-date next wk; do you own any?

Tata Motors, TCS, Tata Steel, L&T, Dr Lal PathLabs, Nuvama Wealth Management, HDFC Asset Management Company, and 19 other companies are set to remain in focus following their dividend announcements

TCS chief Krithivasan's pay package rises 4.6% to ₹26.5 crore for FY25

The CEO's pay hike is broadly in line with the average annual increase in employee salaries as TCS adjusts remuneration to reflect performance and market trends

Gen AI single most transformative force of 2024: TCS' N Chandrasekaran

TCS Chairman Chandrasekaran calls Gen AI a civilisational shift and outlines four strategic vectors to lead in an AI-first world, including a human-plus-AI delivery model

TCS splits AI.Cloud unit for higher growth, Krishna Mohan to lead cloud biz

TCS established its AI.Cloud unit in August 2023 to unlock greater business value by harnessing the power of cloud and generative AI (GenAI)

Tata group earnings mirror India Inc show as FY25 profit dips marginally

The combined consolidated adjusted net profit of listed Tata group fell 0.1 per cent Year-on-Year to Rs 90,547 crore in FY25 from Rs 90,630 crore in the previous financial year

TCS gets Rs 2,903 crore BSNL order for 4G rollout at 18,685 sites

BSNL places Rs 2,903 crore APO with TCS for planning and maintenance of 4G network; Tejas Networks to supply RAN equipment worth Rs 1,525 crore

Tejas Networks secures order worth Rs 1,526 crore from BSNL; stock up 5%

Tejas Networks share price rose after the company said that it has received an add-on Advance Purchase Order worth about Rs 1,526 crore from BSNL.

TCS secures ₹2,903 crore advance purchase order from BSNL for 4G expansion

BSNL is targeting the deployment of 100,000 4G towers nationwide by June this year

LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows

LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value

TCS strengthens leadership to accelerate focus on AI, data, Cloud

Aarthi Subramanian has been named executive director-president and chief operating officer (COO), while Mangesh Sathe has been appointed as chief strategy officer

TCS' brand value up 28% to $57.3 billion, says Kantar BrandZ report

TCS has jumped 28 per cent in brand value to $57.3 billion, securing the 45th rank globally in Kantar BrandZ 2025, aided by AI-led offerings and global sponsorships

Growth of mid-tier IT firms outshone that of larger rivals last year

Persistent, Coforge, and KPIT report double-digit growth while TCS and Infosys lag; faster AI adoption and sector focus help offset macroeconomic headwinds

Nifty IT index soars 6%, sees sharpest intra-day rally since April 2020

Infosys, Coforge, Persistent Systems, LTIMindtree and Oracle Financial Services Software from the Nifty IT index have rallied between 7 per cent and 8 per cent.

Stocks to Watch, May 8: Britannia, Coal India, Dabur, Voltas, RIL, L&T, PNB

Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025

TCS leases Hyderabad commercial space for Rs 4.37 crore a month

The 15-year lease covers 10.2 lakh sq ft at Rs 43 per sq ft with a rent hike of 12 per cent every three years and a deposit of Rs 26.2 crore paid upfront

TCS pays 100% quarterly variable allowance to over 70% of employees

Tata Consultancy Services has paid out 100 per cent cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter. The company clarified that for employees in other grades, the QVA payout is determined by the performance of their respective business units, which is consistent with TCS's established policy across quarters. "We have paid out 100 per cent QVA to over 70 per cent of the company. For all other grades, the QVA depends on their unit's business performance. This is in line with our standard practice across quarters," TCS said in a statement. TCS (Tata Consultancy Services) reported a 1.7 per cent decline in the March quarter net profit to Rs 12,224 crore, driven largely by a margin contraction. It logged a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period. The company added 625 employees in the quarter, bringing its total workforce to over 6 lakh. While announcing its Q4 and FY2

IBM, TCS, Andhra tie up to deploy India's largest quantum computer

The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India

May 2025: Key finance updates that could affect your wallet every day

New interest rates on fixed deposits come in; PF withdrawals become easier