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  • TCS to divide cloud services into 5 strategic units Oct 29, 2020 11:51 AM IST

    TCS to divide cloud services into 5 strategic units

    The goal is to achieve scale and exponential growth in each platform, according to Krishnan Ramanujam, the president of business and technology services at TCS.

  • Deutsche Bank in talks to sell IT unit as it trims staff, TCS in fray Oct 22, 2020 02:56 PM IST

    Deutsche Bank in talks to sell IT unit as it trims staff, TCS in fray

    The sale would help Deutsche reach its goal of shedding 18,000 staff overall to cut costs and restore profitability

  • Seasonal softness test awaits big IT after broad-based recovery Oct 19, 2020 10:49 AM IST

    Seasonal softness test awaits big IT after broad-based recovery

    Financial services and retail business verticals drive recovery at big four IT companies. While companies also saw good deal wins, managements warned that the December quarter may see some seasonal softness

  • TCS to recruit 10,000 staff in US by 2022 Oct 14, 2020 09:46 PM IST

    TCS to recruit 10,000 staff in US by 2022

    Over the past few years, Indian IT firms have significantly increased hiring in the US and other international markets as these countries have taken steps to tighten their work visa regimes.

  • Infosys plans to hire 15,000 freshers next year, rolls out salary hikes effective January 2021 Oct 14, 2020 08:09 PM IST

    Infosys plans to hire 15,000 freshers next year, rolls out salary hikes effective January 2021

    In addition, promotions that started in the second quarter at the junior level will be expanded to all levels, Infosys said.

  • 'Outlook on market still bullish, traders should keep buy on dips approach' Oct 13, 2020 11:06 AM IST

    'Outlook on market still bullish, traders should keep buy on dips approach'

    After a swift rally of more than 1000 points, a mild pullback cannot be ruled out. Though the outlook on the market is still bullish and traders are suggested to keep a buy on dips approach.

  • Looking at a sustained long-term marathon, not a sprint, says TCS CEO Rajesh Gopinathan Oct 09, 2020 03:21 PM IST

    Looking at a sustained long-term marathon, not a sprint, says TCS CEO Rajesh Gopinathan

    He added that the margin aspirations that the company has are real and achievable

  • TCS tops Accenture as most valued IT company in the world Oct 09, 2020 12:49 PM IST

    TCS tops Accenture as most valued IT company in the world

    Among listed Indian companies, TCS is only behind Reliance Industries in terms of market capitalisation which is at nearly USD 215 billion.

  • Ideas for Profit | TCS Q2 review: Why the IT major is a promising bet? Oct 08, 2020 02:29 PM IST

    Ideas for Profit | TCS Q2 review: Why the IT major is a promising bet?

    In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra decodes the second-quarter performance of India's biggest software service provider and what makes it a must-own portfolio stock

  • Hold TCS; target of Rs 2780: Emkay Global Financial Oct 08, 2020 01:25 PM IST

    Hold TCS; target of Rs 2780: Emkay Global Financial

    Emkay Global Financial recommended hold rating on TCS with a target price of Rs 2780 in its research report dated October 08, 2020.

  • TCS Q2FY21 results: Key highlights from the company's earnings concall Oct 08, 2020 12:16 PM IST

    TCS Q2FY21 results: Key highlights from the company's earnings concall

    TCS, retail cluster outperformed during the quarter despite continuous weakness in discretionary retail CPG and travel and hospitality sub vertical.

  • TCS rolls out salary increments from October, hires 16,000 in July-September Oct 07, 2020 10:03 PM IST

    TCS rolls out salary increments from October, hires 16,000 in July-September

    TCS is rolling out salary increments effective October and details of which are being worked out. These increases would be applicable across the job bands

  • TCS Consolidated September 2020 Net Sales at Rs 40,135.00 crore, up 2.97% Y-o-Y Oct 07, 2020 08:22 PM IST

    TCS Consolidated September 2020 Net Sales at Rs 40,135.00 crore, up 2.97% Y-o-Y

  • TCS Q2 beat street estimates; 8 key points of quarterly scorecard Oct 07, 2020 07:42 PM IST

    TCS Q2 beat street estimates; 8 key points of quarterly scorecard

    TCS' Consolidated revenue from operations for the quarter stood at Rs 40,135 crore, higher than the Rs 38,322 crore reported in the June quarter of FY21 and a CNBC-TV18 poll of Rs 39,330 crore

  • TCS announces share buyback of 5.33 crore shares for Rs 16,000 crore Oct 07, 2020 06:49 PM IST

    TCS announces share buyback of 5.33 crore shares for Rs 16,000 crore

    In 2018, TCS had undertaken a share buyback programme worth up to Rs 16,000 crore. The buyback, at Rs 2,100 per equity share, had entailed up to 7.61 crore shares. In 2017, too, TCS had undertaken a similar share purchase programme.

  • TCS Q2 profit grows 6.7% to Rs 7,475 crore QoQ, announces Rs 16,000-crore share buyback Oct 07, 2020 06:46 PM IST

    TCS Q2 profit grows 6.7% to Rs 7,475 crore QoQ, announces Rs 16,000-crore share buyback

    Adjusted profit growth was strong at 20.3 percent to Rs 8,433 crore (excluding legal claim provisions) led by revenue growth and margin expansion.

  • TCS stock price hits fresh high on share buyback plan Oct 05, 2020 09:34 AM IST

    TCS stock price hits fresh high on share buyback plan

    The company board will meet later this week, on October 7, to consider a share buyback proposal.

  • TCS Board to consider share buyback on October 7 Oct 05, 2020 08:39 AM IST

    TCS Board to consider share buyback on October 7

    The board is also slated to consider its financial results for the September quarter and declaration of a second interim dividend to the equity shareholders at that meeting.

  • Veterans Unpacked: Leaders have to move on, but must not stop acquiring knowledge, says FC Kohli Oct 02, 2020 04:04 PM IST

    Veterans Unpacked: Leaders have to move on, but must not stop acquiring knowledge, says FC Kohli

    As the first CEO of TCS, which pioneered India’s 'Technology Revolution' and helped the country to build the $100 billion+ IT Industry, Kohli, 97, is referred to as the "Father of the Software Industry".

  • Sending funds abroad? Be aware of the 'tax collected at source' rules Sep 30, 2020 09:18 AM IST

    Sending funds abroad? Be aware of the 'tax collected at source' rules

    This tax was proposed in the Union Budget 2020 and will be applicable from October 1

  • Will the US move to train local workforce in H-1B skills change the Indian IT talent landscape? Sep 28, 2020 03:36 PM IST

    Will the US move to train local workforce in H-1B skills change the Indian IT talent landscape?

    The $150-million programme aims to upskill the workforce in the areas of information technology and cybersecurity, and advanced manufacturing and transportation. Experts say there is no direct benefit to the IT sector as the programme plans to impart skills to the local workforce.

  • Eight of top 10 valued firms lose Rs 1.57 lakh crore in market valuation Sep 27, 2020 06:26 PM IST

    Eight of top 10 valued firms lose Rs 1.57 lakh crore in market valuation

    The market valuation of Reliance Industries Limited tumbled Rs 70,189.95 crore to Rs 14,88,797.82 crore.

  • TCS opens National Qualifier Test to corporates for recruiting freshers Sep 27, 2020 02:04 PM IST

    TCS opens National Qualifier Test to corporates for recruiting freshers

    Introduced in 2018, NQT last year saw more than 3.6 lakh students participating from over 2,600 colleges.

  • TCS stock hits fresh 52-week high, market capitalisation crosses Rs 9 lakh crore Sep 14, 2020 11:06 AM IST

    TCS stock hits fresh 52-week high, market capitalisation crosses Rs 9 lakh crore

    TCS is the second company after Reliance Industries to cross the Rs 9 lakh crore market capitalisation.

  • EPF advance: IT majors see highest number of employee claims Sep 07, 2020 10:57 AM IST

    EPF advance: IT majors see highest number of employee claims

    Out of around 685 exempted establishments, 3,04,681 EPFO members withdrew Rs 3,128 crore from their EPF accounts in Q1FY21.

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