Feb 23, 2017 at 19:32 | Source: Moneycontrol.com
The development comes after TCS announced a share buyback worth Rs 16,000 crore last week. It was preceded by Cognizant, while HCL Tech also said it was exploring the possibility of a buyback.
Feb 22, 2017 at 18:18 | Source: Moneycontrol.com
A trend is emerging among IT companies to buy back shares amid rising concerns that they are struggling to put excess cash to investment use in a growth-challenged environment.
Feb 22, 2017 at 09:13 | Source: Moneycontrol.com
An official familiar with the development told Moneycontrol the company was open to the idea of a share buyback and was considering it.
Feb 20, 2017 at 10:04 | Source: CNBC-TV18
The company's networth stands at USD 12.4 billion. According to buy back rules, if TCS wants to avoid a shareholder nod, it can opt for a 10 percent buyback of shares which would be arounf USD 1.24 billion. With a shareholder approval, the company can go upto a 25 percent share buyback which will be USD 3.1 billion.
Feb 20, 2017 at 09:15 | Source: Moneycontrol.com
TCS, HUL, GAIL, Wipro, Bharti Airtel, Idea Cellular, Kotak Mahindra Bank and HCL Technologies were early gainers while Maruti Suzuki, Tata Motors, HDFC Bank, ITC, Cipla, Tata Motors (DVR) and Eicher Motors were losers.
Feb 20, 2017 at 08:17 | Source: Moneycontrol.com
According to Satish Gupta of astrostocktips, technology stocks like HCL Tech, TCS, Infosys, Mindtree and Tech Mahindra will get astro support.
Feb 15, 2017 at 11:38 | Source: Moneycontrol.com
Satish Gupta of astrostocktips is of the view that technology stocks like TCS, Mindtree, HCL Tech, Hexaware Technologies and Polaris will get astro support.
Feb 09, 2017 at 14:00 | Source: Moneycontrol.com
TCS, HCL Technologies, Tech Mahindra, ITC, M&M and Bharti Infratel rallied 1-2 percent. Tata Steel, Cipla, PNB and L&T were down 1-3.5 percent.
Feb 01, 2017 at 13:26 | Source: Moneycontrol.com
ICICI Bank, ITC, SBI, GAIL, HDFC, Bank of Baroda and Grasim Industries are the top gainers on the indices, while top loser includes TCS, Lupin, Infosys, Dr Reddys Laboartories, Sun Pharma, HCL Tech, Idea Cellular, Aurobindo Pharma and Tech Mahindra.
Jan 24, 2017 at 14:45 | Source: Moneycontrol.com
Indias fourth largest software exporter isnt too perturbed by the protectionist stance of the new regime in the US, saying its dependence on H1B visas is much less than that of its peers.