Page 12 - Tata Consultancy Services

TCS Q3 profit jumps 7% YoY to Rs 8,701 cr, announces dividend at Rs 6/share

On quarter-on-quarter (QoQ) basis, the profit grew 16.4 er cent from Rs 7,475 crore posted for the quarter ended September 2020.

Sensex ends at fresh closing peak of 48,782, up 689 pts; Nifty at 14,347

Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results

Sensex ends choppy trade 70 pts higher, Nifty tops 13,750; IT stocks shine

The broader markets ended in the red for second straight day.

Two stocks that Gaurav Garg is bullish on: Buy TCS, Endurance Technologies

The stock of TCS is sustaining above its important moving averages, and a breakout above the immediate resistance of 2,820 levels might lead stock trade higher

L&T Infotech: New initiatives, deal wins to help maintain growth trajectory

Valuations, however, discount near-term gains on revenue visibility, execution

Tata Consultancy Services' Rs 16,000-cr buyback offer to open on Dec 18

India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021

Meet Asha, a robot nurse that will take care of patients like human nurses

Bengaluru's Artpark is building tech solutions to solve problems unique to India

Faqir Chand Kohli: All you should know about the 'Father of Indian IT '

Kohli was the founding chief executive of sector leader TCS and pioneered the country's 'Technology Revolution' which helped India build its USD 100 billion IT industry

TCS founder, Indian IT industry pioneer FC Kohli passes away at 96

"Kohli was the true pioneer of Indian IT. We have all followed in his footsteps. His contribution to the IT industry and thus to India is immeasurable," Wipro Chairman Azim Premji said in a statement

Street signs: Market uptrend intact, opportunity in TCS buyback, and more

Several brokerages are advising their retail clients to buy shares of TCS to benefit from the arbitrage opportunity created by its Rs 16,000-crore share repurchase programme

Market capitalisation of 8 of top-10 most valued firms zooms Rs 1.9 trn

Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment

TCS acquires Pramerica Technology Services from Prudential Financial

No cash will change hands and TCS will take on more than 1,500 Pramerica employees.

TCS to acquire 100% shares of Postbank Systems from Deutsche Bank

India's largest IT services firm Tata Consultancy Services (TCS) on Monday said it will acquire 100 per cent shares of Postbank Systems AG (PBS) from Deutsche Bank AG.

IT firms to expand localisation drive as US proposes more work visa hurdles

Indian IT firms say workplace-independent model, local hiring will help them meet challenge

The buyback rush

Firms may not be optimistic about growth prospects

Infosys outshines rivals with Q2 performance; net profit jumps 20.5%

Revenue grows 86%; firm revises revenue and margin guidance upward

No change in TCS campus hiring plan despite all-time low attrition

Company to allow candidates to write qualifier test remotely this year

In a share buyback, make a tactical bet if price gap is attractive

In a buyback, purchase the stock early from the market or else the price gap could close

TCS surpasses Accenture to become most-valuable IT services firm globally

At the last closing price of Rs 2,825, TCS was valued at $144.73 billion, (Rs 10.6 trillion), while Accenture is currently at $142.4 billion

We want all our stakeholders to be rewarded post Q2: Tata Consultancy COO

In a Q&A, N Ganapathy Subramaniam explains why his company went for a pay hike in the face of economic concerns brought on by the pandemic