Page 11 - Tcs
Chart check: Nifty IT down 11% in April; Is it time to buy TCS, HCL Tech?
Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.
 "Chart check: Nifty IT down 11% in April; Is it time to buy TCS, HCL Tech?")
Top headlines: Musk to buy Twitter, LIC board to meet today to fix IPO date
Business Standard brings you top headlines of the day
 "Top headlines: Musk to buy Twitter, LIC board to meet today to fix IPO date")
TCS, Infosys come to terms with reality of real-time recruiting
The process runs unabated on a loop for large parts of the year, aided by online platforms
 "TCS, Infosys come to terms with reality of real-time recruiting")
TCS to take decade-long relationship with SBI Cards to a new level
The tech firm will expand the next leg of digital transformation at SBI Cards
 "TCS to take decade-long relationship with SBI Cards to a new level")
TCS aims to be world's largest IT company; says large-scale ops not a worry
The comments from the TCS chief are significant because this means that the Tata Group would displace Accenture which had reported over $50 billion in revenue last year
 "TCS aims to be world's largest IT company; says large-scale ops not a worry")
Sprint legend Justin Gatlin to promote TCS World 10K Bengaluru marathon
Gatlin won the 2004 Olympic 100m race and also is a four-time World Athletics Championships gold medalist
 "Sprint legend Justin Gatlin to promote TCS World 10K Bengaluru marathon")
TCS CEO vows to navigate IT giant through global tumult, attrition
TCS, the largest player in India's $227 billion tech services industry, must deal with a host of challenges, from Covid outbreaks in China that are disrupting supply chains to the war in Ukraine
 "TCS CEO vows to navigate IT giant through global tumult, attrition")
Tata Consultancy Services remains the prime cash cow for Tata Sons
Tata Sons has also taken shareholder approval to raise Rs 40,000 crore of debt
 "Tata Consultancy Services remains the prime cash cow for Tata Sons")
Tatas bet on executives from group companies to turn Air India around
On Friday, Tatas announced revamp of the Air India board when the airline's functional directors stepped down and execs from various group companies took charge
 "Tatas bet on executives from group companies to turn Air India around")
Attrition continues to hound IT bellwethers 5-6 quarters down the line
Though companies are saying they are managing supply side constraints by hiring more freshers and by subcontracting, exits is clearly impacting margins and profitability
 "Attrition continues to hound IT bellwethers 5-6 quarters down the line")
What is private 5G network and its application in India?
A private 5G network enables enterprises to dedicate bandwidth for ultra-reliable low-latency use cases such as robotics and industrial IoT, with control over data, security and networks
 "What is private 5G network and its application in India?")
Robust demand outlook may offset margin pressure for TCS: Analysts
Most analysts have broadly maintained their 'buy' rating on the stock as they believe the company's demand outlook for FY23 remains robust despite macro-headwinds.
 "Robust demand outlook may offset margin pressure for TCS: Analysts")
Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
 "Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack")
TCS gains 1% in a weak market on strong demand outlook
The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.
 "TCS gains 1% in a weak market on strong demand outlook")
Stocks to Watch: TCS, Wipro, JSW Steel, UltraTech Cement, Kesoram,Telecom
Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.
 "Stocks to Watch: TCS, Wipro, JSW Steel, UltraTech Cement, Kesoram,Telecom")
TCS revenue crosses Rs 50,000 crore; sees record order book in Q4
The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4
 "TCS revenue crosses Rs 50,000 crore; sees record order book in Q4")
TCS attrition continues to inch up; firm to hire 40,000 in Q1FY23
Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago
TCS Q4 net profit rises 7% to Rs 9,926 cr, revenue surges 16%
The company's board recommended final dividend of Rs 22 per equity share for Q4FY22; India's top IT exporter benefited from a wave of digital transformation sweeping across the globe
Top headlines: TCS Q4 net profit rises 7%; Shehbaz Sharif new Pak PM
Shehbaz Sharif, the Pakistan Muslim League-Nawaz (PML-N) president, was elected unopposed as the new Prime Minister of Pakistan by Parliament on Monday
 "Top headlines: TCS Q4 net profit rises 7%; Shehbaz Sharif new Pak PM")
Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
 "Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%")
