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TCS Pays Full Quarterly Variable Allowance To Over 70% Of Employees
Tata Consultancy Services has paid out 100 per cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter.
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Tata Consultancy Services Reports Revenue Increase of 16.7 Percent YoY to Rs 52,758 Crore
Tata Consultancy Services (TCS) on Friday reported that consolidated revenue from operations increased 16.2 percent year-on-year to Rs 52,758 crore in the first quarter of FY23. The country’s largest IT services firm announced a 5.2 percent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30.
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TCS Rides Sustained Digital Services' Demand to Report Strong Quarterly Earnings, Announces Share Buyback
TCS announced a $2.4-billion (roughly Rs. 17,740 crore) share buyback after reporting strong quarterly earnings, boosted by sustained demand for its digital services.
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TCS Tops Profit Estimates on Pandemic-Led Digitisation Demand
Tata Consultancy Services (TCS) has topped quarterly profit estimate for Q3, 2021, boosted by growth in its key banking and financial services segment and a strong demand for digital services.
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Tata Sons Sells TCS Stake Worth $1.25 Billion, TCS Shares Tank 6%
TCS, the top Indian software services exporter, is the second-most valuable company in the country with a market capitalisation of close to $90 billion.
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Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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Trading Calls: Buy TCS, Sell ACC, Says Expert
Last week, the Nifty tumbled 231.50 points to close at 10,226.85 and the Sensex declined 739.80 points to 33,307.14.
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Nifty Rises After Three Sessions Of Falls; TCS Leads Gains
The Sensex ended 141 points higher at 33,844 while Nifty settled at 10,397, up 37 points.
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TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
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Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
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Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
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TCS Wins Another Mega Contract: 5 Things To Know
TCS shares were up over 2 per cent today, after rising nearly 4 per cent on Tuesday.
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TCS, In Its Biggest-Ever Deal Win, Bags Contract Worth Over $2 Billion
TCS will administer Transamerica's life insurance, annuity, supplemental health insurance and workplace voluntary benefits products and take on administration of over 10 million policies.
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TCS Reports Net Profit Of Rs 6,531 Crore In December Quarter
Tata Consultancy Services' revenue and profit numbers were in line with market estimates.
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TCS Pays Full Quarterly Variable Allowance To Over 70% Of Employees
Tata Consultancy Services has paid out 100 per cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter.
-
Tata Consultancy Services Reports Revenue Increase of 16.7 Percent YoY to Rs 52,758 Crore
Tata Consultancy Services (TCS) on Friday reported that consolidated revenue from operations increased 16.2 percent year-on-year to Rs 52,758 crore in the first quarter of FY23. The country’s largest IT services firm announced a 5.2 percent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30.
-
TCS Rides Sustained Digital Services' Demand to Report Strong Quarterly Earnings, Announces Share Buyback
TCS announced a $2.4-billion (roughly Rs. 17,740 crore) share buyback after reporting strong quarterly earnings, boosted by sustained demand for its digital services.
-
TCS Tops Profit Estimates on Pandemic-Led Digitisation Demand
Tata Consultancy Services (TCS) has topped quarterly profit estimate for Q3, 2021, boosted by growth in its key banking and financial services segment and a strong demand for digital services.
-
Tata Sons Sells TCS Stake Worth $1.25 Billion, TCS Shares Tank 6%
TCS, the top Indian software services exporter, is the second-most valuable company in the country with a market capitalisation of close to $90 billion.
-
Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
-
Trading Calls: Buy TCS, Sell ACC, Says Expert
Last week, the Nifty tumbled 231.50 points to close at 10,226.85 and the Sensex declined 739.80 points to 33,307.14.
-
Nifty Rises After Three Sessions Of Falls; TCS Leads Gains
The Sensex ended 141 points higher at 33,844 while Nifty settled at 10,397, up 37 points.
-
TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
-
TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
-
Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
-
Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
-
TCS Wins Another Mega Contract: 5 Things To Know
TCS shares were up over 2 per cent today, after rising nearly 4 per cent on Tuesday.
-
TCS, In Its Biggest-Ever Deal Win, Bags Contract Worth Over $2 Billion
TCS will administer Transamerica's life insurance, annuity, supplemental health insurance and workplace voluntary benefits products and take on administration of over 10 million policies.
-
TCS Reports Net Profit Of Rs 6,531 Crore In December Quarter
Tata Consultancy Services' revenue and profit numbers were in line with market estimates.
