peaking to CNBC-Tv18 Amit Tandon of IIAS said that the voting pattern at TCS which removed Cyrus Mistry reflects the conversation on the Street.

Regulators must step in, verify Mistry's allegations: ex-Sebi ED

The regulators must step in to verify the allegations that have been levelled by the ousted chairman of Tata Group on the company, says JN Gupta, Former ED, Sebi. TCS shareholders are voting after the Tata Group called an EGM today seeking the ouster of Cyrus Mistry from the board of directors.

TCS, JLR not on auto-pilot during my tenure: Mistry

Mistry‘s office has hit back on a Tata Sons‘ November 10 note, which according to Mistry, creates an illusion that he was a 'hands off' Chairman and TCS and JLR were on auto-pilot during his leadership.

After TCS meet, Mistry skips Tata Sons meeting today

The board of Tata Consultancy Services (TCS) had an unscheduled meeting early today to discuss the plan for an extraordinary general meeting to seek removal of Cyrus Mistry, reports CNBC-TV18. Mistry is believed to have stayed absent.

Tata Sons to call EGM to take up removal of Mistry: Sources

Speaking to CNBC-TV18 Arun Giri, Senior Journalist, said Tata Sons will be calling a TCS EGM to take up removal of Cyrus Mistry. TCS parent company Tata Sons and its directors have lost confidence in Mistry, says the statement.

Ishaat Hussain appointed interim Chairman of TCS Board

Tata Sons has appointed Ishaat Hussain as Chairman of Board Of Directors. Cyrus Mistry who was ousted as the holding company's Chairman has ceased to hold that host on the board.

TCS chief's elevation to Tata Sons Board fitting: Nasscom prez

Speaking to CNBC-TV18 Nasscom President R Chandrashekhar spoke about TCS Chief and MD Natarajan Chandrasekaran‘s elevation to the Tata Sons Board. He said that the move signifies the rising importance of IT in a large multi-sector conglomerate‘s business portfolio.

Ratan Tata in the saddle is positive in long-term, feel experts

Some knee-jerk reaction to the new is expected, but no damage over long-term is expected, said Ramesh Damani, member of BSE & NSE adding that “though it will expose dirty linen of Tata Group to public eye.”

NASSCOM to wait for more earnings before reviewing FY17 guidance

In an interview to CNBC-TV18, R Chandrashekhar, President of NASSCOM said a lot of short-term cues are negatively impacting IT industry.

TCS confident of maintaining margins; end year at good level

Weakness in sterling and softness in macros were the main headwinds for TCS. However, N Chandrasekaran, CEO & MD of TCS expects the latter to go away post November.

Investors upbeat over India's reforms push: BCG

Macroeconomic conditions across countries are not great and nations need real reforms to spur investor confidence, BCG Chief Executive Richard Lesser told CNBC-TV18. He, however, added that investors across the globe have a lot of confidence that such crucial reforms have started in India.

Adobe CEO Shantanu Narayen's advice to Indian IT cos

Indian IT companies need to pivot to the cloud technology to stay ahead of the curve -- that's the advice to the likes of Wipro and Infosys from Adobe's Shantanu Narayen.

Nasscom to review IT guidance for this fiscal after Q2 earnings

The analysts are bearish on the entire IT pack and believe that the sector will underperform in coming quarters. However, industry body Nasscom says that various factors are the reason behind volatility in the sector.

TCS cautious on its BFSI biz, to update investors in Q2

Tata Consultancy Services (TCS) is seeing some sequential loss of momentum in Banking and Financial Services Solution (BFSI) business in US. The company further said it is holding back discretionary spending seen in the segment.

Brexit will create uncertainty but may not hit IT cos much: Pros

Vineet Nayyar, Executive Vice Chairman of Tech Mahindra feels Brexit cannot be fully blamed for Infosys losing out on the Royal Bank of Scotland (RBS) deal. The only thing that can hit technology right now is better technology, he says.

What are 3 key headwinds for TCS? Brexit, currency & visa regime

Speaking to CNBC-TV18 post announcing quarter 1 numbers for TCS, its MD and CEO N Chandrasekaran said that he was overall satisfied with the results. "Combination of factors aiding the results has been good. Attrition is down, he said, adding that it has been a well-rounded performance.

Allowing unions in TN unlikely to impact IT industry: Mindtree

After Tamil Nadu issued a notification bringing IT sector in Tamil Nadu under the ambit of Industrial Disputes Act, Mindtree Executive Chairman Krishnakumar Natarajan says the sector shouldn't be worried about the development.

No headwinds expected in FY17; see growth in all verticals: TCS

The company today reported volume growth of 3.2 percent and digital revenue growth of 15.5 percent in the fourth quarter.

Sudin Apte: Why HCL, Blackstone bought Geometric, Mphasis

On Friday, HCL Technologies announced it would buy Geometric for Rs 1,237 crore while this morning, private equity firm Blackstone said it would buy majority stake in Mphasis in a deal that may be valued up to Rs 7,071 crore.

Have crossed 13.5% constant currency growth in CY15: TCS CEO

TCS CEO N Chandrasekaran spoke to CNBC-TV18's Kritika Saxena from the sidelines of the NASSCOM Summit.

Attrition has receded in last two quarters: TCS

Rajesh Gopinathan, CFO & Vice President, says TCS will continue to persist with its two quarter forward rolling strategy of currency hedging.

Hoping for better 2016; US likely to be growth driver: TCS CEO

Traditionally December quarter has always been weak for IT companies because of the holiday season which leads to fewer billing days. This time, the weakness was further aggravated by troubles in the Indian market, which included the Chennai floods

Indian IT has miles to go; TCS world leader: Founder Kohli

FC Kohli, Founder, Tata Consultancy Services defends the company's below-than-expected earnings growth in the last few quarters and says that TCS is not only well positioned to beat global peers but can also beat macro-economic and quarterly volatility.

IT biz seeing shift; size not a disadvantage: TCS CFO

TCS CFO Rajesh Gopinathan is confident the IT behemoth will make the transition and says its mammoth size will not be an "inherent disadvantage".

TCS's Chandra hints 2% dip in FY16 constant currency growth

A day after TCS posted a largely muted set of quarterly earnings, CEO N Chandrasekaran said the company was witnessing 'weak spots' in the business and said its constant currency growth could see a "gap of 1.5-2 percent...explained by softness" in certain areas of the business.