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Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T

Stocks to watch, Dec 13: From RIL to HDFC Bank, here is a list of stocks that will be in focus today

Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T
Updated On : 13 Dec 2024 | 7:43 AM IST

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?
Updated On : 12 Dec 2024 | 11:42 AM IST

Mcap of 6 of top-10 valued firms jump Rs 2 trn; TCS, HDFC Bank lead gainers

The combined market valuation of six of the top-10 most-valued firms jumped Rs 2,03,116.81 crore last week, with Tata Consultancy Services and HDFC Bank emerging the biggest gainers, in-line with an optimistic trend at the Dalal Street. Last week, the BSE benchmark jumped 1,906.33 points, or 2.38 per cent, and the NSE Nifty climbed 546.7 points, or 2.26 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, and State Bank of India were the winners from the pack, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever emerged the laggards. The market valuation of TCS surged Rs 62,574.82 crore to Rs 16,08,782.61 crore. HDFC Bank added Rs 45,338.17 crore taking its market valuation to Rs 14,19,270.28 crore. The valuation of Infosys jumped Rs 26,885.8 crore to Rs 7,98,560.13 crore and that of Reliance Industries soared Rs 26,185.14 crore to Rs 17,75,176.68 crore. State Bank of India's market capitalisation (

Mcap of 6 of top-10 valued firms jump Rs 2 trn; TCS, HDFC Bank lead gainers
Updated On : 08 Dec 2024 | 11:31 AM IST

TCS to modernise Bank of Bhutan's digital system, improve customer service

Indian IT company's global banking technology platform will help the lender to integrate public services with the digital ecosystem of Bhutan

TCS to modernise Bank of Bhutan's digital system, improve customer service
Updated On : 03 Dec 2024 | 2:15 PM IST

PM Internship Scheme: Launch delayed; applicants awaiting revised timeline

The pilot project of the PM Internship Scheme received over 650,000 applications for 127,000 opportunities offered by 280 Indian companies participating in the scheme

PM Internship Scheme: Launch delayed; applicants awaiting revised timeline
Updated On : 02 Dec 2024 | 10:02 AM IST

IT major TCS turns to home turf as it looks to redraw revenue map

Sets up vertical to focus on high-growth markets

IT major TCS turns to home turf as it looks to redraw revenue map
Updated On : 27 Nov 2024 | 12:43 AM IST

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record

The Nifty IT index hit an all time high on Tuesday, reaching 44,244.60 level, up 1.43 per cent intraday. Meanwhile in the last 30 days, the index has surged 5.24 per cent

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record
Updated On : 26 Nov 2024 | 11:12 PM IST

TCS secures 3-year extension with SPARSH to streamline defence pensions

TCS will not only maintain the hardware and software of the programme for three years, but also deliver key updates to the system

TCS secures 3-year extension with SPARSH to streamline defence pensions
Updated On : 26 Nov 2024 | 12:59 PM IST

Mcap of 8 of 10 most-valued firms jump Rs 1.55 trn; HDFC Bank, TCS sparkle

Eight of the top-10 most valued domestic firms together added Rs 1,55,603.45 crore in market valuation last week, with HDFC Bank and Tata Consultancy Services emerging as the biggest gainers, in tandem with firm trend in equities. Last week, the BSE benchmark zoomed 1,536.8 points, or 1.98 per cent, and the Nifty climbed 374.55 points, or 1.59 per cent. The BSE benchmark Sensex jumped 1,961.32 points, or 2.54 per cent, to settle at 79,117.11 on Friday. The NSE Nifty soared 557.35 points or, 2.39 per cent, to 23,907.25. From the top-10 pack, Reliance Industries and Life Insurance Corporation of India (LIC) were the laggards. The market valuation of HDFC Bank jumped Rs 40,392.91 crore to Rs 13,34,418.14 crore, the most among the top-10 firms. Tata Consultancy Services (TCS) added Rs 36,036.15 crore to Rs 15,36,149.51 crore in its valuation. The valuation of ICICI Bank soared Rs 16,266.54 crore to Rs 9,01,866.22 crore and that of Infosys surged Rs 16,189.33 crore to Rs 7,90,151.83 .

Mcap of 8 of 10 most-valued firms jump Rs 1.55 trn; HDFC Bank, TCS sparkle
Updated On : 24 Nov 2024 | 10:45 AM IST

TCS bags multi-year deal from Air France-KLM for transition to advanced AI

India's largest IT services company Tata Consultancy Services (TCS) has bagged a multi-year deal to assist Air France-KLM in transitioning to an advanced, AI-ready, and cloud-native data landscape, according to a release. The deal will help Air France-KLM - a Europe-based global aviation leader in passenger transport, cargo transport and aeronautical maintenance - "become the most data-centric airline group in the world", the release added. It will facilitate Air France-KLM's transition to an advanced, AI-ready, and cloud-native data landscape. "Over the next three years, TCS will modernise the airline group's data by moving it to cloud, promoting the next generation of data-driven aviation," it said without disclosing the financial details of the contract. This shift will help Air France-KLM exit data centres and harness the strength of the cloud, supporting the sustainable and adaptive aviation industry. The new data architecture will enable the use of data to enhance operations

TCS bags multi-year deal from Air France-KLM for transition to advanced AI
Updated On : 07 Nov 2024 | 8:20 PM IST

Nifty IT down over 3%: Why have IT stocks slipped in trade today?

Meta Platforms warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings report on Wednesday

Nifty IT down over 3%: Why have IT stocks slipped in trade today?
Updated On : 31 Oct 2024 | 11:23 AM IST

TCS signs 15-year deal with Irish govt to manage pensions of 800K workers

IT services company will provide 'end-to-end digital solution' for automatic enrolment in pension scheme

TCS signs 15-year deal with Irish govt to manage pensions of 800K workers
Updated On : 30 Oct 2024 | 12:20 AM IST

Sitharaman invites Mexican firms to collaborate with startups, institutions

Discussions focused on boosting cooperation in technology and innovation, with the goal of expanding collaboration between the two countries

Sitharaman invites Mexican firms to collaborate with startups, institutions
Updated On : 18 Oct 2024 | 10:49 AM IST

Wipro's hybrid policy: Employees to work from office three days a week

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

Wipro's hybrid policy: Employees to work from office three days a week
Updated On : 15 Oct 2024 | 2:58 PM IST

Mcap of 7 of top-10 most valued firms erode by Rs 1.22 trn; TCS, RIL lag

The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,22,107.11 crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in line with weak trend in equities. Last week, the BSE benchmark fell 307.09 points, or 0.37 per cent, to 81,381.36. The market valuation of country's largest IT firm Tata Consultancy Services (TCS) tumbled Rs 35,638.16 crore to Rs 15,01,723.41 crore. The valuation of Reliance Industries slumped Rs 21,351.71 crore to Rs 18,55,366.53 crore. ITC's valuation dropped Rs 18,761.4 crore to Rs 6,10,933.66 crore, while that of Hindustan Unilever Ltd's mcap was down Rs 16,047.71 crore to Rs 6,53,315.60 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) tanked Rs 13,946.62 crore to Rs 6,00,179.03 crore and that of ICICI Bank eroded Rs 11,363.35 crore to Rs 8,61,696.24 crore. Also, HDFC Bank's mcap declined Rs 4,998.16 crore to Rs 12,59,269.19 crore. Howeve

Mcap of 7 of top-10 most valued firms erode by Rs 1.22 trn; TCS, RIL lag
Updated On : 13 Oct 2024 | 12:26 PM IST

TCS shares slip as brokerages offer mixed outlook, reduce earning estimates

Analysts believe that the earnings were satisfactory and were in line with their estimates, with an optimistic management waiting for a turnaround in the near future

TCS shares slip as brokerages offer mixed outlook, reduce earning estimates
Updated On : 11 Oct 2024 | 10:33 PM IST

TCS Q2FY25 results: Net profit rises 5% to Rs 11,909 cr, revenue up 7.6%

Company's performance missed profit estimates, beat on revenue growth

TCS Q2FY25 results: Net profit rises 5% to Rs 11,909 cr, revenue up 7.6%
Updated On : 10 Oct 2024 | 11:50 PM IST

Ratan Tata last rites updates: Last rites performed with full state honours at Worli crematorium

Ratan Tata Death news Updates: Ratan Tata, the colossus of India Inc, who is credited with radically transforming the Tata Group into a global powerhouse, died at the age of 86, the company said

Ratan Tata last rites updates: Last rites performed with full state honours at Worli crematorium
Updated On : 10 Oct 2024 | 7:38 PM IST

Market Close Highlights, Oct 10: Sensex adds 144 pts, Nifty nears 25,000; Banking shares shine

Stock Market Close Highlights, Oct 10, 2024: Kotak Mahindra Bank, JSW Steel, HDFC Bank, Bharat Electronics, and IndusInd Bank were among the 23 constituent stocks of the Nifty50 that ended in the gree

Market Close Highlights, Oct 10: Sensex adds 144 pts, Nifty nears 25,000; Banking shares shine
Updated On : 10 Oct 2024 | 3:58 PM IST

A look at Ratan Tata's business successes and 'aspirational mistakes'

Ratan Tata's tenure as chairman was marked by transformative achievements, including the Tata Indica and the acquisition of Tetley, and Jaguar Land Rover, expanding the group's global footprint

A look at Ratan Tata's business successes and 'aspirational mistakes'
Updated On : 10 Oct 2024 | 2:40 PM IST