The combined m-cap of all listed Tata firms, excluding TCS, has shot up by 102% this year. This report examines how the fortunes of the Tata group companies are turning around under N Chandrasekaran
According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels
The company started to talk about its G&T-led strategy more openly about three quarters back
The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this
Combined m-cap of listed Tata players, excluding TCS, is up 102% this year, so far
IT major TCS will encourage employees to join offices by the end of calendar year 2021
Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent
Strong deal wins are likely to keep revenue growth elevated
This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table
The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
'Two years back we experimented and took in 32,000-35,000 freshers in the first two quarters and this allows us to bring freshers into the company in an accelerated way', said Gopinathan
Air India has a frequent flier club customer base of 3 million that can be used to offer discounted products
The company added 19,690 employees during the quarter under review taking its total headcount of 528,748
Air India is a "nostalgic airline" for most TCS employees and the IT services major will offer its complete support in whatever form it can, to contribute to the revival of the airline, TCS CEO said
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Revenue from operations jumps 17% to Rs 46,867 cr
During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
Most brokerages are pencilling in double-digit growth in net profit and revenue for TCS, led by improvement in demand from BFSI, healthcare and retail, acceleration in digital technologies.