Page 6 - Tata Consultancy Services Ltd News

TCS headcount down by over 2,000 in the third quarter of FY23

This is the first time since Q1FY21 that the headcount has come down

Q3 earnings season kicks off: TCS revenue rises 19%, net profit up 11%

Revenue beat estimates in Q3, profit falls short; N America demand 'vibrant' but challenges remain in Europe

TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share

It will have an interim dividend of Rs 8 per share and a special dividend of Rs 67 per equity share

TCS, HCL Tech, Infy: How to trade IT stocks ahead of Q3 results?

The overall trend in the IT stocks have remained laggard and continues to bear high risk element.

Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart

Stocks to Watch: TCS and other IT stocks in focus, as the Tata Group IT major will be reporting its Q3 earnings on Monday.

TCS Q3 preview: Margins to expand sequentially; Revenue may grow 16-18% YoY

TCS Q3 results preview: As per brokerage estimates, TCS may post up to 18 per cent Yo revenue growth to an average of Rs 57,446 crore. The bottom line could rise 10-16 per cent to around Rs 11,046 cr

TCS pushes the pedal to get self-driving cars on road with new algorithms

The algorithms are trained and tested using 300,000 kilometres of real time vehicle data

Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES

Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year

Accenture's retained FY23 guidance hints slowdown for IT firms: Analysts

For FY23, Accenture has maintained its 8-11 per cent growth guidance. This is reportedly the first time since FY17 that the company has not upgraded its full-year guidance after the first quarter

Nifty IT index slips 5% in two days on earnings, valuation worries

Recently, HCL Technologies said that its FY23 revenue could be at the lower end of the guidance; Credit Suisse warned valuation-led correction in these stocks amid US macro headwinds.

IT stocks tumble as Credit Suisse warns of valuation-led correction

Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top

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