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Dividend stock: TCS shares to trade ex-date on Friday

Dividend stock: TCS shares to trade ex-date on Friday

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.

Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS?

Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS?

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.

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

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.

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Tata Sons' appoint Subramanian as Group Chief Digital Officer

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Fri, Jul 14, 2017

Tata Sons on Thursday announced the appointment of Aarthi Subramanian as the Tata Groups Chief Digital Officer. According to the company, Subramanian, in her new role, will report to N. Chandrasekaran, Executive Chairman of Tata Sons.

TCS says attrition is down, women employee count at all-time high

TCS says attrition is down, women employee count at all-time high

Thu, Jul 13, 2017

TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18

Thu, Jul 13, 2017

Tata Consultancy Services' net income in Q1FY18 stood at Rs 5,945 crore, a decline of 5.9% on year-on-year basis and 10% on quarter-on-quarter basis.

TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure

TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure

Thu, Jul 13, 2017

In Q1FY18, TCS will face brunt from wage hike, visa costs and strong INR appreciation. The company saw gradual improvement in earnings on yoy basis during FY17.

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

TCS under GST would have slowed down e-commerce, economic growth, job creation, says FICCI

Tue, Jun 27, 2017

FICCI says that the TCS provision under GST would have led to a slowdown in e-commerce, economic growth and job creation as it would have a direct impact on sellers on these platforms.

GST rollout: TDS, TCS provisions postponed for E-commerce companies

GST rollout: TDS, TCS provisions postponed for E-commerce companies

Mon, Jun 26, 2017

The Ministry said that persons who will be liable to deduct or collect tax at source will be required to take registration, but the liability to deduct or collect tax will arise from the date the respective sections are brought in force.

GST: Relief for e-commerce companies, not to deduct TCS from July 1

GST: Relief for e-commerce companies, not to deduct TCS from July 1

Mon, Jun 26, 2017

Finance Ministry has given more time to the E-commerce companies to prepare for the GST and tax collection at source (TCS) under the new levy will be started later. GST will be implemented across the country from July 1.

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

Fri, Jun 09, 2017

India's homegrown IT major Wipro in its filing to the US Securities and Exchange Commission said the US president Donald Trump's administration and regulations could be a potential threat to its growth.

Committed to 6.5-8.5% revenue growth in 2017, says Infosys COO UB Pravin Rao

Committed to 6.5-8.5% revenue growth in 2017, says Infosys COO UB Pravin Rao

Thu, Jun 08, 2017

While speaking at the Morgan Stanley 19th Annual India Summit on Wednesday, Infosys COO UB Pravin Rao said that the company remains "committed" to its guidance of 6.5-8.5% revenue growth this year even as some clients ask for projects to be carried out at 30-40% lower costs than before.

Top seven Indian companies receive less H-1B visas in 2016

Top seven Indian companies receive less H-1B visas in 2016

Tue, Jun 06, 2017

Top seven Indian-based outsourcing companies in the US received fewer H-1B visas in 2016 as compared to 2015, and as a group their numbers dropped 37 %, according to a new report.

Tata Consultancy Services says H-1B visa applications now at a third of 2015 levels

Tata Consultancy Services says H-1B visa applications now at a third of 2015 levels

Sun, Jun 04, 2017

Tata Consultancy Services (TCS) applied for only a third of the H-1B work visas this year compared to 2015, helped by increased hiring from engineering campuses and B-schools in the US.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

Fri, Jun 02, 2017

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

Sensex bounces back by 195 points, Nifty rises above 9,600-mark in early trade

Sensex bounces back by 195 points, Nifty rises above 9,600-mark in early trade

Fri, Jun 02, 2017

The key equity indices of Indian markets- Sensex and Nifty- have resumed their record-setting spree and have recovered to fresh lifetime highs in opening trade on Friday on sustained buying amid positive global cues.

N Chandrasekaran took home Rs 30 crore as TCS CEO last year

N Chandrasekaran took home Rs 30 crore as TCS CEO last year

Wed, May 31, 2017

As the CEO of TCS, N Chandrasekaran earned Rs 2.44 crore in basic salary, Rs 25 crore as commission and Rs 2.7 crore in allowances, according to the company's 2016-17 annual report.

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Sun, May 28, 2017

Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.

British Airways cancels all flights from London after IT system failure

British Airways cancels all flights from London after IT system failure

Sun, May 28, 2017

British Airways has cancelled all its flights from Heathrow and Gatwick airports in London on Saturday after a "major IT system failure" whereby it has left thousands of travellers stranded on both the airports.

H-1B Visa: Nasscom pays nearly Rs 1 crore to two US lobbyists in Q1 of 2017

H-1B Visa: Nasscom pays nearly Rs 1 crore to two US lobbyists in Q1 of 2017

Sun, May 21, 2017

After a layoffs in India and and visa curbs in the US, IT industry body Nasscom has stepped up its lobbying with America and has paid a total amount of $1,50,000 (nearly Rs 1 crore) to two registered lobbyists in the country in the first quarter (Q1) of 2017.

E-commerce companies to levy 1% TCS on sellers; consumers to be unaffected

E-commerce companies to levy 1% TCS on sellers; consumers to be unaffected

Sat, May 20, 2017

Experts have said that the upcoming GST tax rate of 1% on e-commerce companies that they will pay to sellers is unlikely to affect online consumers.

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Thu, May 18, 2017

Value of top Indian brands increased 15% in 2017, ahead of the global average of 11%. Brand Finance List features some surprises in its 2017 brand evaluation that puts Tata's brand on top and IT services that performed well despite of backlash of of H1-B visa fiasco and job cuts.

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