Page 30 - Tcs

Employee count shows Indian IT biggies hired fewer people in March quarter

TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential basis

Indices keep rising on stimulus package hopes; IT, bank stocks spurt

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

Covid makes it harder to estimate short-term earnings, says analyst

The uncertainty stemming from the virus and countries' efforts to contain it have made it harder to estimate short-term earnings

Indian IT firms set to defer annual wage hike plans, but say 'no layoffs'

TCS and Wipro have already said they will hold back increments; other companies are likely to follow suit.

Market Ahead, April 17: Top Factors That Could Guide Markets Today

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

Coronavirus impact: TCS not to retrench employees, freezes salary hikes

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

Mutual Funds play it safe on equity bets amid market volatility

According to the data collated by Edelweiss, Reliance Industries was on top of mutual funds' buying list

Market Ahead, April 13: Top factors that could guide markets this week

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

Wipro to kick-start IT earnings season on April 15 with Q4 results

TCS will hold its board meet the next day (April 16) for approval of its financial statements

Coronavirus impact: Revenues of IT companies may take a big hit in FY21

Dollar revenues likely to fall by up to 300 bps

Build to last

In the second part of a series, the author notes down some lessons for start-ups

Market Ahead, March 26: All You Need To Know Before The Opening Bell

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

Top stock picks by CapitalVia Global Research: Buy TCS, Hindustan Unilever

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Remain optimistic about future despite uncertainty due to virus: TCS CEO

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.

Coronavirus fear: Biz disruption will outweigh currency gain, say analysts

The rupee declined 0.3 per cent on Friday to hit an all-time low of Rs 75.20 against the dollar

Coronavirus spread: IT services companies likely to go slow on hiring

Among IT firms, market leader Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

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

Bear Spread Strategy on Tata Consultancy Services by HDFC Securities

Stock Price has broken down on the daily chart to close at the lowest level since June 2018 with higher volumes.

Qatar's Black Cat Engineering ties up with TCS for digital solutions

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 ...

IT shares under pressure on Covid-19 outbreak; TCS, Wipro hit 52-week lows

Infosys, Tech Mahindra and HCL Technologies were down in the range of 5 to 6 per cent in early morning trade today.