Premium Valuation of TCS Justified: IDFC Securities
Jul 23, 2014
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May 30, 2014
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May 23, 2014
Thursday July 24, 2014
Hitesh Shah of IDFC Securities says despite its size TCS, remains the fastest growing IT services company in the offshore space and to that extent the premium valuation of TCS is justified.
Press Trust of India | Tuesday July 22, 2014
The joint venture will be called Tech Mahindra Arabia, with Tech Mahindra owning a 51 percent stake and Midad a 49 percent stake.
Tuesday July 22, 2014
The Mumbai-headquartered firm will establish partnerships with local universities, business schools and trade bodies to create 300 jobs in the next 3 years.
Tuesday July 22, 2014
Tech Mahindra, a specialist provider of connected solutions, has signed a joint venture agreement with Midad Holding, which is a subsidiary of Al Fozan, a pre-eminent group with diversified business interests in Saudi Arabia.
Tuesday July 22, 2014
To facilitate divestment by erstwhile promoters of MCX, capital market regulator Securities and Exchange Board of India (Sebi) has relaxed lock-in period for such stake sale in the commodity bourse.
Thursday July 17, 2014
Tech Mahindra will collaborate with WSU and its National Institute for Aviation Research (NIAR), the largest academic aviation R&D institution in the US, on multiple areas of engineering including composites, advanced materials and structural testing...
Wednesday July 16, 2014
These IT innovations are never named because of the confidentiality clause with customers, he said, explaining why Indian IT innovations were invisible.
Press Trust of India | Tuesday July 15, 2014
The Satyam case had rattled India over five-and-a-half years ago as its biggest corporate fraud.
Tuesday July 15, 2014
Tech Mahindra Ltd said it plans to set up a new Canadian Aerospace head office in greater Montreal, a move that is likely to result in the creation of about 300 jobs over the next three years.
Monday July 14, 2014
Midad Holding, a subsidiary of Al Fozan, a leading group with diversified business interests in Saudi Arabia, has signed a joint venture (JV) agreement with Tech Mahindra, a specialist provider of connected solutions, the company has said.
Friday July 11, 2014
Infosys shares rose over 4 per cent in the early trade on the back of better earnings which also triggered buying in other tech stocks.
Tuesday July 8, 2014
Barclays expects Infosys dollar revenues to increase by 2.3 per cent QoQ, with its EBIT margin having likely declined by 320bps QoQ. EBIT margins in the June-14 quarter will be impacted by wage hikes and rupee appreciation, which should be partially ...
Press Trust of India | Monday July 7, 2014
The DEC seeks to benefit from the private sectors' experience in smart technologies to help connect not only Dubai but also the UAE and the world.
Monday July 7, 2014
The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and...
Sunday July 6, 2014
IT major Tech Mahindra has signed a memorandum of understanding (MoU) with the Dubai Economic Council (DEC) for providing innovative IT solutions to help the city achieve the status of 'smart city'.
Thursday July 3, 2014
Tech Mahindra on Wednesday said it has formed a joint venture with Midad Holding to provide IT and ITeS solutions in Saudi Arabia.
Monday June 30, 2014
Prabhudas Lilladher believes KPTI's margins will improve in SAP segment as the company starts getting projects at better pricing and with annuity revenue in SAP.
Sunday June 29, 2014
The country's fifth largest software services firm saw 24 per cent of its total revenues of Rs 5,058.1 crore coming from the RoW region in the fourth quarter ended March 2014.
Friday June 27, 2014
Tata Consultancy Services was up 4 per cent, Infosys gained 1.3 per cent, Wipro up 1.9 per cent, HCL Technologies rose 3.5 per cent and Tech Mahindra surged 3.9 per cent.
Monday June 23, 2014
Raju and others were charged with offences ranging from cheating, criminal conspiracy, forgery, breach of trust under relevant sections of IPC by way of inflating invoices and incomes, account falsification, faking fixed deposits, besides allegedly f...