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Tata Consultancy Services Ltd News

Nifty IT index slips over 2%; Infosys, LTIMindtree, LTTS down up to 5%

For the Indian IT services sector, which derives over 60 per cent of its revenues from the US, the Fed's cautious stance has mixed implications

Nifty IT index slips over 2%; Infosys, LTIMindtree, LTTS down up to 5%
Updated On : 19 Dec 2024 | 10:24 AM IST

TCS extends partnership with Telenor Denmark for another five years

This deal consolidates TCS' position as a trusted transformation partner in the Nordics, where it has maintained a strong presence for the past 30 years

TCS extends partnership with Telenor Denmark for another five years
Updated On : 12 Dec 2024 | 12:33 PM IST

Nifty IT index hits record high on December 10: Here's what drove the rally

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Nifty IT index hits record high on December 10: Here's what drove the rally
Updated On : 10 Dec 2024 | 12:18 PM 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

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

Nifty IT index down 2% on profit booking; TCS, Infosys, Wipro slip up to 3%

At 02:31 pm; Nifty IT index, the top loser among sectoral indices, was down 2.3 per cent, as compared to 0.43 per cent decline in the Nifty 50.

Nifty IT index down 2% on profit booking; TCS, Infosys, Wipro slip up to 3%
Updated On : 18 Nov 2024 | 2:56 PM IST

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high

At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high
Updated On : 08 Nov 2024 | 1:03 PM 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

Buy or Sell? TCS, Maruti, HUL among 7 Nifty stocks trading in oversold zone

These 7 Nifty 50 stocks are seen trading with an RSI below 30; stocks trading in oversold zone need not necessarily bounce back immediately. Here are the key levels to watch out for.

Buy or Sell? TCS, Maruti, HUL among 7 Nifty stocks trading in oversold zone
Updated On : 31 Oct 2024 | 11:56 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 : 29 Oct 2024 | 1:27 PM IST

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

Market crash? Nifty can fall another 1,000 points from here, charts suggest
Updated On : 24 Oct 2024 | 11:11 AM IST

Nifty IT index surges nearly 3%; Coforge, Persistent zoom 12% on strong Q2

Analysts anticipate growth momentum to return in FY25 for IT sector, aided by a lower base coupled with easing sectoral headwinds.

Nifty IT index surges nearly 3%; Coforge, Persistent zoom 12% on strong Q2
Updated On : 23 Oct 2024 | 12:10 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 | 9:52 AM IST

From disjointed to unified: Ratan Tata's transformation of Tata Group

Ratan Tata had inherited a profitable and financially robust enterprise, yet the group lacked cohesion and a unified long-term vision

From disjointed to unified: Ratan Tata's transformation of Tata Group
Updated On : 10 Oct 2024 | 4:01 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 | 4:40 PM IST

TCS sets in motion FY26 campus hiring process; adds 11,000 employees in H1

In the first quarter of FY25, the firm had added 5,452 associates. The total headcount at the end of the first half of the financial year was 612,724

TCS sets in motion FY26 campus hiring process; adds 11,000 employees in H1
Updated On : 10 Oct 2024 | 6:07 PM IST

Tata Consultancy cancels Q2 earnings press events after Ratan Tata's death

Tributes poured in from around the world for Ratan Tata as people remembered his remarkable journey and unparalleled contributions to the Indian business landscape and the society

Tata Consultancy cancels Q2 earnings press events after Ratan Tata's death
Updated On : 10 Oct 2024 | 2:27 PM IST

Ratan Tata death: Tata Group stocks trade mixed; TaMo down 2%, TCS up 1%

Ratan Tata News: Tata Chemicals, Indian Hotels Company, Tejas Networks, Voltas, Tata Elxsi and Tata Consultancy Services (TCS) were up in the range of 1 per cent to 4 per cent

Ratan Tata death: Tata Group stocks trade mixed; TaMo down 2%, TCS up 1%
Updated On : 10 Oct 2024 | 9:47 AM IST

Ratan Tata dies at 86: As India mourns loss of the icon, tributes pour in

'Ratan Tata was a visionary business leader, a compassionate soul, extraordinary human,' says PM Modi

Ratan Tata dies at 86: As India mourns loss of the icon, tributes pour in
Updated On : 10 Oct 2024 | 1:01 AM IST

Ratan Tata timeline: Major moments in the life of the business leader

Ratan Naval Tata, former Chairman of Tata Sons and one of India's most influential businessmen, has had a remarkable life. Here's a timeline highlighting key moments in his personal life, career

Ratan Tata timeline: Major moments in the life of the business leader
Updated On : 10 Oct 2024 | 12:17 AM IST