Wed, Jan 17, 2024
TCS dividend: While the interim dividend announced by the Mumbai-headquartered IT major amounts to Rs 9 per share, its special dividend is of Rs 18 per share.
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Mon, Jan 15, 2024
IT shares today: In Monday's trade, the Nifty IT was up over 1 per cent with Wipro rising nearly 6 per cent, Infosys up over 2 per cent, HCLTech over 3 per cent, and TCS with half a per cent gain.
Fri, Jan 12, 2024
Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.
Wed, Aug 16, 2023
At the time of filing this report around 10:30 am, Tejas Networks shares were trading at Rs 848.80 apiece, up 4.14 per cent.
Sun, Aug 13, 2023
The market valuation of TCS jumped Rs 2,579.64 crore to Rs 12,62,134.89 crore and that of State Bank of India climbed Rs 847.84 crore to Rs 5,12,451.22 crore.
Tue, Aug 08, 2023
Tata Consultancy Services, a major player in the IT industry, announced on Tuesday that it has secured a government contract for the revamp and construction of an updated version of the Government e-Marketplace (GeM), a platform for public procurement.
Sat, Jul 29, 2023
IT firm announced that TCS executive vice-president K Ananth Krishnan will no longer be in senior management due to his upcoming retirement. While chief services innovation officer Dr. Harrick Vin will take over as an SMP on August 1, 2023
Thu, Jul 20, 2023
Indian IT giants like TCS, Infosys, and Wipro have announced billions of dollars of investment in Artificial Intelligence space. TCS is working to create its own ChatGPT-like AI platform, which will be equivalent to that used for enterprise code generation while Infosys recently signed a 5-year deal to invest $2 billion.
TCS dividend 2023 record date, TCS share price NSE, TCS dividend 2023: Shares of Tata Consultancy Services (TCS) traded ex-dividend on Thursday, July 20. Earlier, the Tata group giant that is the country's biggest IT services company — had announced an interim dividend of Rs 9 per share, a 900 per cent payout given the face value of Re 1 per share.
Wed, Jul 19, 2023
Decreased expenditure on IT in 2023, Gartner's estimate on IT expenditure In which sector is the maximum expenditure on IT? How did it stop, replacement of software?
Thu, Jul 13, 2023
Share Market: Strong action was seen in the stock market on the day of weekly expiry. BSE Sensex climbed 164 points to close at 65,558. Similarly, Nifty also slipped 29 points and closed at 19,413. On the basis of the results, the shares of IT sector remained in focus. Shares of TCS and Infosys jumped 3%. While the Nifty IT index has closed at 1.7%.
TCS generative AI: The country's largest IT services company TCS is expecting some generative artificial intelligence- (AI) based deals in the next two quarters, but their sizes will not be big, its top official said on Thursday.
TCS shares gained on Thursday after the country's largest IT company reported a set of financial results that largely met analysts' estimates.
Wed, Jul 12, 2023
TCS’s revenue from operations jumped 12.5% to Rs 59,381 crore in Q1 FY24 from Rs 52,758 crore in the same period a year ago. The IT major has also announced a dividend payout of Rs 9 per equity share of the face value of Rs 1 each.
Stocks to watch: TCS reported on Wednesday a consolidated net profit of Rs 11,074 crore for the quarter ended June 30, 2023 (Q1FY24). The company also declared an interim dividend of Rs 9 per share.
TCS dividend 2023 record date, TCS dividend payment date 2023, TCS dividend 2023: Tata Consultancy Services (TCS) — a Tata group giant that is the country's biggest IT services company — on Wednesday announced an interim dividend of Rs 9 per share, a 900 per cent payout given the face value of Re 1.
TCS Q1 Highlights: Tata Consultancy Services (TCS) kicked off the corporate earnings season for India Inc on July 12, with a better-than-expected net profit for the June quarter. Its revenue and margin, however, fell short of analysts' estimates by a thin margin. Catch minute-by-minute updates, management commentary, the views of Zee Business Managing Editor Anil Singhvi and other experts, and much more here.
TCS shares were stuck in a narrow range around the flatline on Wednesday as investors awaited the Tata group IT giant's financial results, due later in the day. Tata Consultancy Services' upcoming earnings report will be the first under the IT giant's new CEO, K Krithivasan.
Share Market HIGHLIGHTS: The benchmark indices, S&P BSE Sensex and NSE Nifty ended lower on July 12 as investors turned jittery ahead of the start of the June quarter (Q1FY24) earnings season. Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Tue, Jul 11, 2023
Tata Consultancy Services (TCS) has deferred the onboarding of lateral hires by three months possibly due to project delays and budget constraints. This impacts over 200 recruits hired between January and April 2023. The onboarding was initially delayed by one month and now it has been deferred till October.
Sun, Jul 09, 2023
Stock-specific action will pick up with the onset of the Q1 FY24 earnings season, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said.
Mon, Jul 03, 2023
IT sector Q1 preview: A soft discretionary spending environment, combined with the pullback of projects in financial services and telecom, is expected to impact the revenue growth of the companies. This, coupled with project ramp downs and a lower conversion of total contract value (TCV) to annual contract value (ACV), will impact near-term growth, they add.
Thu, Jun 29, 2023
With regards to the favours received by the banned employees, Chandrasekaran said that he cannot quantify the favours these employees received, but the employees in questions behaved in a way that favoured certain firms.
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