Page 6 - Tata Consultancy Services Ltd News

TCS, Tata Coffee: 5 Tata Group stocks that you can bet on for a good return

With in the Tata Group space, except for Indian Hotels, others like TCS, Tata Motors, Trent and Tata Coffee seem poised for a buoyant rally in the near term.

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%

The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%

Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals

Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.

TCS secures contract to develop UK's rail data marketplace

The digital marketplace will bring together fragmented sources of rail data into one digital service, to accelerate innovation in the transport sector and enhance the passenger experience

From banks to IT, analysts bet on these sectors as markets hit record highs

Metals, state-owned oil marketing companies, and export/global economy-linked sectors may not see any meaningful rally

Here's why Mehul Kothari recommends to Buy Page Industries, Sell TCS

According to the technical analyst from Anand Rathi, TCS can decline to Rs 3,160; whereas Page Industries can witness a sharp rally to Rs 48,500 level.

TCS plans to expand footprint in Illinois, create 1,200 jobs by end of 2024

More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years

Action for moonlighting can ruin a career, TCS will show empathy: COO

Action against moonlighting can ruin a person's career and hence, it is important to show empathy while dealing with the issue, a top official from TCS has said. Nothing prevents the country's biggest IT services exporter from taking action against employees for moonlighting when it has evidence because it is a part of the service agreement, but young kids will have to be dissuaded, the company's chief operating officer N Ganapathy Subramaniam told PTI. "The consequences (of taking action) will be that the person's career will be ruined. Background check for the next future job will fail for him...We have to show some empathy," Subramaniam said. He said the company looks at an employee like being a part of the family and given the consequences of any action, would rather focus on dissuading the family member from going astray. It can be noted that in the past few months, amid increased demand for talent, moonlighting or side hustles have come to the fore in the over USD 220 billion

This recession was anticipated, says TCS MD & CEO Rajesh Gopinathan

TCS MD & CEO says attrition is way beyond the firm's comfort levels

Talent Cloud will address moonlighting, says TCS CHRO Milind Lakkad

"We are trying to bring in some of these elements for a certain section of our employees. We are doing a proof of concept of creating a gig workforce within the company," says Lakkad.

Attrition to continue to spike even as IT biggies reduce hiring: Experts

HR experts also point that pre-pandemic industry attrition was in the range of 12-13 per cent, to come back to that level is going to take some time.

TCS Q2 result: Brokerages upbeat on margin improvement; macro risks remain

TCS Q2 earnings review: Its attrition inched up to 21.5 per cent over the preceding quarter's 19.7 per cent. It said the quarterly annualized attrition has peaked in Q2 and should taper down from here

TCS slips over 2% even as Q2FY23 results beat Street estimates

The IT major reported net profit of Rs 10,431 crore, up 8.4 per cent year-on-year (YoY) and 10 per cent quarter-on-quarter (QoQ)

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.

TCS to give full variable pay to 70 per cent employees in Q2FY23: Report

In Q2FY23, TCS saw an eight per cent year-on-year (YoY) jump in its net profit to Rs 10,465 crore, beating the estimates

TCS to hire additional 10k-12k freshers in current year amid 21% attrition

"Attrition will need at least four quarters to come down to 20%. But the overall number of people leaving the company will come down significantly," said Milind Lakkad, Chief HR Officer of TCS.

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

TCS sees softness in long-term deals after second-quarter beat

Many of India's top IT services firms are looking at various cost-cutting measures, as they are worried that tightening budgets at recession-wary US and European clients will sharply hit their profits

TCS' Q2 net profit rises 8% to Rs 10,431 cr, firm declares Rs 8 dividend

The firm's consolidated revenue from operations rose 18% to Rs 55,309 cr

TCS bounces 3.5% off lows ahead of September quarter results today

Analysts expect TCS to post a sequential revenue growth of 3-4.6 per cent in constant currency terms, while its net profit may rise in the range of 6-10.7 per cent from the last quarter