TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential basis
The Sensex surged 483.53 points or 1.54% to close at 31,863.08, a six-week high. The Nifty advanced 126.60 points, or 1.38%, to settle at 9,313.90
The uncertainty stemming from the virus and countries' efforts to contain it have made it harder to estimate short-term earnings
TCS and Wipro have already said they will hold back increments; other companies are likely to follow suit.
RBI Governor Shaktikanta Das' media address at 10 am will remain a big focus today for investors who will also digest reports of an imminent second stimulus package
The company reported a healthy profit jump for the March quarter, but hinted at very difficult time in the first two quarters of the current fiscal due to COVID-19 crisis, including a revenue contract
According to the data collated by Edelweiss, Reliance Industries was on top of mutual funds' buying list
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
TCS will hold its board meet the next day (April 16) for approval of its financial statements
Dollar revenues likely to fall by up to 300 bps
In the second part of a series, the author notes down some lessons for start-ups
According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
TCS has taken proactive measures such as travel restrictions, cancellation of events and large internal meetings, safe working environments and processes that have helped minimise the impact.
The rupee declined 0.3 per cent on Friday to hit an all-time low of Rs 75.20 against the dollar
Among IT firms, market leader Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
Stock Price has broken down on the daily chart to close at the lowest level since June 2018 with higher volumes.
IT firm TCS on Thursday said it has partnered with Qatar-based Black Cat Engineering & Construction (BCEC) to provide digital solutions and innovation strategy. "Tata Consultancy Services...has been selected by BCEC..as the strategic partner to drive the latter's digital transformation and co-innovation strategy," TCS said in a BSE filing. As part of the tie-up, TCS is enabling BCEC to reimagine its end-to-end business processes from tendering to construction, incorporating EPC industry's best practices, to design and implement multifunctional and multiservice solution on Oracle Cloud ERP (Enterprise Resource Planning). The seamless enterprise-wide system integrates multiple disparate business functions and eliminates data duplication and redundancy. "We...will bring our technology expertise, industry experience, proprietary solutions, and innovation ecosystem to make BCEC an industry benchmark," TCS Qatar Country Head Devashis Goswami said. BCEC is Qatar's largest EPC and ...
Infosys, Tech Mahindra and HCL Technologies were down in the range of 5 to 6 per cent in early morning trade today.