Tue, Dec 17, 2024
Sensex plunges 930 points, Nifty slips below 24,400 as trade deficit concerns, FII outflows, and US Fed jitters weigh on markets.
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Mon, Dec 16, 2024
Tata Consultancy Services (TCS) shares faced selling pressure on Monday after foreign brokerage Citi maintained its 'sell' call on the Tata group stock with a reduced target price of Rs 3,935 instead of Rs 4,010 per share earlier.
Sun, Dec 15, 2024
Five of the 10 most valued firms added Rs 1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show.
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.
Sat, May 13, 2017
According to the news report, nearly two lakh jobs are at stake, with big-ticket companies like Infosys, Cognizant, Wipro, Tech Mahindra, others as they looking to hand over pink slips to incumbent employees and hire fewer talent.
Sat, May 06, 2017
Cognizant has reported 26% growth in its first quarter net profit boosted by growth in its financial markets and has said that the company will grow 8 to 10% in 2017.
Wed, May 03, 2017
The US president Donald Trump's administration has welcomed Infosys latest decision to hire 10,000 workers in the US stating that it was a result of the US government's "pro-growth economic agenda."
Tue, May 02, 2017
Vishal Sikka, Chief Executive Officer, Infosys said, “Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the United States."
Mon, Apr 24, 2017
It said that the US Department of Labor estimates that there will be about 2.4 million unfilled science, technology, engineering and mathamatics (STEM) jobs by 2018.
A US government official named TCS, Infosys and Cognizant for violating H-1B visa norms in the US.
Sun, Apr 23, 2017
US government official accuses of misusing the lottery system for H-1B visas by putting in extra applicants for the scheme.
Fri, Apr 21, 2017
Highlights: 1. US president Donald Trump has signed a new executive order seeking review of present H-1B Visa issuance system
Wed, Apr 19, 2017
Motilal Oswal expecting recovery in BFSI trade of TCS in FY18. Watch this special segment and get to know more here.
The US president Donald Trump ordered a review of the US visa programme for bringing high-skilled foreign workers into the country which is likely to have impact on businesses of Indian IT firms.
Tue, Apr 18, 2017
The cash flow from operations in FY17 was at Rs 26,992 crore, up 15.4% y-o-y basis.
US president Donald Trump will sign an executive order later on Tuesday which will direct federal agencies to recommend changes to a temporary visa programme used to bring foreign workers to the US to fill high-skilled jobs and Indian IT companies are likely to feel the heat.
The last time TCS surpassed RIL was in 2013 when its market cap was Rs 2,83,206.84 crore while RIL was at Rs 2,76,083 crore.
Mon, Apr 17, 2017
The Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks.
In the previous quarter which ended on December 31, 2016, TCS had reported a net profit of Rs 6778 crore, up by 10.9%, as compared to as on December 31, 2015 quarter.
Thu, Apr 13, 2017
Infosys on Thursday said that the US H-1B visa issue is worrying for Indian IT industry which it will have to live with and should push for adopting a healthy mix of local and global talent hiring to overcome the existing challenges.
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Thu, Mar 23, 2017
The government has done away with the 1 % tax on cash payments of over Rs 2 lakh for purchase of any goods or service after it banned cash dealings above that limit from April 1.
Mon, Mar 20, 2017
Infosys is not applying for visas for employees with under four years of experience on account of tougher US work visa rules, the report said quoting Infosys executive as saying.
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![After Infosys' "poor show", will TCS be able to bring back hope in IT sector?](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2017/04/17/17623-tcs1-official-website.jpg?itok=rK39nBdE&c=22a12e4955a45ac46b05732047323c73 "After Infosys' "poor show", will TCS be able to bring back hope in IT sector?")
