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The combined market valuation of five of the top-10 most valued firms surged by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners. While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, State Bank of India, Larsen & Toubro, and Life Insurance Corporation of India (LIC) faced erosion from their valuation. Last week, the BSE benchmark eked out a marginal gain of 5.7 points, while the NSE Nifty dipped 16.5 points. TCS added Rs 35,909.52 crore, taking its market valuation to Rs 11,71,862.37 crore. The market capitalisation (mcap) of Infosys jumped Rs 23,404.55 crore to Rs 6,71,366.53 crore. The valuation of Bajaj Finance climbed Rs 6,720.28 crore to Rs 6,52,396.39 crore and that of Bharti Airtel edged higher by Rs 3,791.9 crore to Rs 12,01,832.74 crore. The mcap of ICICI Bank went up Rs 2,458.49 crore to Rs 9,95,184.46 crore. However, the market valuation of Relian
Tata Consultancy Services (TCS) on Tuesday said it has been chosen by the National Health Service (NHS) Supply Chain to provide application development, support and maintenance for its core business systems and cloud infrastructure, for five years. TCS will deploy a host of cloud and AI-enabled solutions to modernise NHS Supply Chain's IT systems and enhance overall operational efficiency, the company said in a regulatory filing. TCS will replace NHS' legacy systems with a modern supply chain, enterprise resource planning solution for faster time-to-market, seamless scalability, and enhanced customer experience. TCS will also transform the legacy operations into a product and platform-based IT operating model, enabling NHS Supply Chain to make smarter deliveries and operate more strategically. "This shift will strengthen our resilience, improve user experience, and enable us to respond faster to changing business and customer needs. Ultimately, it will enhance our operational ...
The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities. In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per cent, and the Nifty declined by 229.8 points or 0.89 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, Infosys and Hindustan Unilever faced erosion from their valuation, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack. The market valuation of Bharti Airtel tumbled Rs 30,506.26 crore to Rs 11,41,048.30 crore. TCS faced an erosion of Rs 23,680.38 crore from its valuation, which stood at Rs 10,82,658.42 crore. The market capitalisation (mcap) of Hindustan Unilever dropped by Rs 12,253.12 crore to Rs 5,67,308.81 crore, and that of