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Page 9 - Tcs

Tata Sons to utilise hefty TCS dividend to invest in new businesses

Tata Sons invested ₹3,000 cr in Tata Capital, Tata Projects rights issue in FY 2025

Tata Sons to utilise hefty TCS dividend to invest in new businesses
Updated On : 14 Apr 2025 | 11:56 PM IST

Reaching $50 bn revenue goal by 2030 still a possibility: TCS CEO & MD

We also secured large deals - not necessarily AI deals, but deals powered by AI, says TCS CEO

Reaching $50 bn revenue goal by 2030 still a possibility: TCS CEO & MD
Updated On : 14 Apr 2025 | 12:16 AM IST

TCS appoints Aarthi Subramanian as executive director-president & COO

The appointment is for a term of five years, commencing from May 1, 2025, to April 30, 2030

TCS appoints Aarthi Subramanian as executive director-president & COO
Updated On : 11 Apr 2025 | 2:08 PM IST

TCS Dividend: IT giant to pay a final dividend of ₹30 apiece in FY25

TCS's dividend payout for FY25 has already surpassed the FY24 dividend per share (DPS) of ₹73

TCS Dividend: IT giant to pay a final dividend of ₹30 apiece in FY25
Updated On : 11 Apr 2025 | 8:50 AM IST

TCS defers salary hikes amid global uncertainty, US tariff concerns

The hikes will be implemented later in the financial year, once there is greater clarity and the outlook improves, company executives said at a press conference on Thursday

TCS defers salary hikes amid global uncertainty, US tariff concerns
Updated On : 11 Apr 2025 | 1:10 AM IST

TCS Q4 results: Net profit slips 1.7% to ₹12,224 crore, misses estimates

Revenue for the company grew 5.2 per cent to Rs 64,479 crore for Q4FY25. Sequentially, the firm's revenue was up marginally by 0.79 per cent

TCS Q4 results: Net profit slips 1.7% to ₹12,224 crore, misses estimates
Updated On : 11 Apr 2025 | 1:09 AM IST

Tata Consultancy Services announces Rs 45,612 crore total dividend for FY25

With this final dividend, TCS's total dividend payout for the financial year would be Rs 45,612 crore-significantly higher than the FY24 dividend of Rs 26,426 crore

Tata Consultancy Services announces Rs 45,612 crore total dividend for FY25
Updated On : 10 Apr 2025 | 9:02 PM IST

TCS Q4FY25 results: Net profit falls 1.7% to ₹12,224 cr, dividend declared

TCS Q4 FY25 results: The board of directors has recommended a final dividend of ₹30 per equity share

TCS Q4FY25 results: Net profit falls 1.7% to ₹12,224 cr, dividend declared
Updated On : 10 Apr 2025 | 4:33 PM IST

Q4 results today: TCS and two others to kick off earnings season on Apr 10

Q4 FY25 company results today, April 10: TCS, Anand Rathi Wealth, and Evoq Remedies will release their earnings report for the quarter that ended on March 31

Q4 results today: TCS and two others to kick off earnings season on Apr 10
Updated On : 10 Apr 2025 | 9:10 AM IST

LinkedIn's 2025 top companies in India: TCS, Accenture, Infosys top in list

Artificial intelligence, AI engineering and mobile application development are the most sought after skills at the top 3 Indian companies of 2025. They also offer opportunities for learning and growth

LinkedIn's 2025 top companies in India: TCS, Accenture, Infosys top in list
Updated On : 08 Apr 2025 | 6:41 PM IST

IT stocks under pressure: Nifty IT slips 7% on fears around recession

The Nifty IT index plunged amid recession-related fears due to US imposing 'reciprocal tariffs' on trading partners without showing signs of backing down

IT stocks under pressure: Nifty IT slips 7% on fears around recession
Updated On : 07 Apr 2025 | 12:55 PM IST

Mcap of 9 top valued firms slumps by ₹2.9 trillion; TCS, RIL hit hard

The combined market valuation of nine of the top-10 most valued firms eroded by Rs 2,94,170.16 crore in the holiday-shortened last week, with Tata Consultancy Services taking the biggest hit amid a bearish trend in domestic equities. Last week, the BSE benchmark gauge Sensex tanked 2,050.23 points or 2.64 per cent, while the NSE Nifty declined 614.8 points or 2.61 per cent. From the top-10 pack, Tata Consultancy Services (TCS), Reliance Industries, Infosys, Bajaj Finance, ICICI Bank, HDFC Bank, Hindustan Unilever Ltd, State Bank of India and ITC faced erosion from their market valuation. Bharti Airtel emerged as the only gainer. The market valuation of TCS tumbled by Rs 1,10,351.67 crore to Rs 11,93,769.89 crore. The valuation of index bellwether Reliance Industries tanked by Rs 95,132.58 crore to Rs 16,30,244.96 crore and that of Infosys plunged by Rs 49,050.04 crore to Rs 6,03,178.45 crore. Bajaj Finance's market capitalisation (mcap) declined by Rs 14,127.07 crore to Rs 5,40,58

Mcap of 9 top valued firms slumps by ₹2.9 trillion; TCS, RIL hit hard
Updated On : 06 Apr 2025 | 12:52 PM IST

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff

The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff
Updated On : 03 Apr 2025 | 4:02 PM IST

Here are 5 IT stocks that you can still bet on despite US recession fears

Sumit Pokharna, vice president for fundamental research at Kotak Securities suggests five IT stocks that investors can still bet upon from a long-term perspective

Here are 5 IT stocks that you can still bet on despite US recession fears
Updated On : 03 Apr 2025 | 2:00 PM IST

TCS signs 5-yr partnership with Air New Zealand to modernise digital infra

This partnership strengthens TCS' commitment to New Zealand, where it has been a trusted partner for digital transformation for over 37 years

TCS signs 5-yr partnership with Air New Zealand to modernise digital infra
Updated On : 19 Mar 2025 | 3:00 PM IST

Mcap of 5 most valued firms declines by Rs 93K cr; Infosys, TCS hit hard

The combined market capitalisation of five of the top-10 most valued firms declined by Rs 93,357.52 crore, with IT giants Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities. Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty fell 155.3 points or 0.69 per cent. The stock markets were closed on Friday on the occasion of Holi festival. Meanwhile, Infosys, Tata Consultancy Services (TCS), Hindustan Unilever, State Bank of India and Reliance Industries saw a decline in their market valuations. In contrast, ICICI Bank, HDFC Bank, ITC, Bajaj Finance and Bharti Airtel posted gains. The five firms together added Rs 49,833.62 crore in their market capitalisation. The market capitalisation (mcap) of Infosys dropped by Rs 44,226.62 crore to Rs 6,55,820.48 crore. The Mumbai-based TCS' valuation tumbled by Rs 35,800.98 crore to Rs 12,70,798.97 crore and slipped to the third place among the ...

Mcap of 5 most valued firms declines by Rs 93K cr; Infosys, TCS hit hard
Updated On : 16 Mar 2025 | 11:34 AM IST

TCS appoints insider Sudeep Kunnumal as CHRO, effective March 14

Kunnumal replaces Milind Lakkad, who is stepping down upon his superannuation

TCS appoints insider Sudeep Kunnumal as CHRO, effective March 14
Updated On : 13 Mar 2025 | 9:51 PM IST

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector
Updated On : 12 Mar 2025 | 10:39 PM IST

TCS to acquire Darshita Southern India Happy Homes for Rs 2,250 crore

The acquisition is focused on acquiring the land and building of Darshita to expand TCS's delivery centre

TCS to acquire Darshita Southern India Happy Homes for Rs 2,250 crore
Updated On : 11 Mar 2025 | 9:08 PM IST

Mcap of 7 of top-10 valued firms jumps Rs 2.10 trn; RIL, TCS major winners

The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent. The market capitalisation (mcap) of Reliance Industries surged by Rs 66,985.25 crore to Rs 16,90,328.70 crore. Tata Consultancy Services (TCS) market valuation climbed by Rs 46,094.44 crore to Rs 13,06,599.95 crore. With this sharp rise in its market valuation, TCS again rose to the second rank in the top-10 most-valued firms chart. The mcap of State Bank of India zoomed by Rs 39,714.56 crore to Rs 6,53,951.53 crore and that of Bharti Airtel advanced by Rs 35,276.3 crore to Rs 9,30,269.97 crore. ITC's market valuation rallied by Rs 11,425.77 crore to Rs 5,05,293.34 crore and that of ICICI Bank surged Rs 7,939.13 crore to Rs 8,57,743.03 crore. Hindustan Unilev

Mcap of 7 of top-10 valued firms jumps Rs 2.10 trn; RIL, TCS major winners
Updated On : 09 Mar 2025 | 12:51 PM IST