Business Standard

Monday, December 23, 2024 | 01:52 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Consultancy Services

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 | 12:53 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

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

Q2 results: Slow growth bottoming out in the top five IT companies

The Bengaluru-based firm for the second consecutive quarter upped its guidance. It now expects FY25 revenue to grow in the range of 3.75-4.5 per cent. From the earlier 3 - 4 per cent

Q2 results: Slow growth bottoming out in the top five IT companies
Updated On : 18 Oct 2024 | 12:41 AM IST

Noel Tata's new role may end feud with Shapoorji Pallonji Group; here's how

Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry

Noel Tata's new role may end feud with Shapoorji Pallonji Group; here's how
Updated On : 15 Oct 2024 | 10:55 AM 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

Noel Tata likely appointed as Tata Trusts Chair; Group stocks trade mixed

Noel Tata Chairman Tata Trusts: At 1:44 PM, Trent share price was ruling 2.8 per cent higher, Tata Chemicals share price was up 2.35 per cent, Tata Steel 0.7 per cent, and Tata Motors 0.17 per cent

Noel Tata likely appointed as Tata Trusts Chair; Group stocks trade mixed
Updated On : 11 Oct 2024 | 2:06 PM IST

Market Today: TCS Q2 nos, NSE weekly options changes, Oil gains, Israel war

At 6:30 AM, GIFT Nifty Futures were trading 39 points lower at 25,079 levels, indicating a weak start for the Indian bourses.

Market Today: TCS Q2 nos, NSE weekly options changes, Oil gains, Israel war
Updated On : 11 Oct 2024 | 7:35 AM IST

Clients prioritise cost efficiency; discretionary deal demand low: TCS CEO

The IT services major's Q2 performance was in line with the trends observed in Q1, with robust growth in regional markets partially offset by an underwhelming showing in the US and Europe

Clients prioritise cost efficiency; discretionary deal demand low: TCS CEO
Updated On : 10 Oct 2024 | 11:19 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 | 11:13 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

Name that showed possibilities, Ratan Tata's vision should still be India's

Ratan Tata's own instincts seemed to have nudged him in a different direction, while he never gave up on manufacturing, he always believed that Indian companies should be global

Name that showed possibilities, Ratan Tata's vision should still be India's
Updated On : 10 Oct 2024 | 12:06 PM IST

TCS expands operations in Poland, aims to double workforce in a year

Tata Consultancy Services (TCS) on Friday said it has expanded operations in Poland with the opening of a new delivery centre in Warsaw, and expects to double its workforce in the region to over 1,200 within a year. The new delivery centre showcases TCS' capabilities across industries and technologies, according to a regulatory filing. "The new delivery centre will allow TCS to access the skilled talent pool in the Polish Information and Communication Technology (ICT) industry to provide hyper-connected services to global clients. "With the new delivery centre, TCS expects to double its workforce to 1,200-plus in a year to support its further growth in the region," it said. Indian Ambassador to Poland Nagma Mallick, TCS head of Europe Sapthagiri Chapalapalli and General Manager for TCS in Eastern Europe Prabal Datta inaugurated the centre. The new centre joins TCS' European delivery network, which facilitates the delivery of hyper-connected services to its customers across ...

TCS expands operations in Poland, aims to double workforce in a year
Updated On : 20 Sep 2024 | 2:14 PM IST

IT major TCS retains position as India's most valuable brand: Kantar

With a brand value of $49.7 billion, TCS has seen a 16 per cent rise compared to last year, driven by investments in innovation, particularly in artificial intelligence (AI) and digital transformation

IT major TCS retains position as India's most valuable brand: Kantar
Updated On : 19 Sep 2024 | 11:59 PM IST

Over 30,000 TCS workers affected by TDS errors; Tax dept sends notices

The problem is reportedly believed to have stemmed from a software error that resulted in TDS claims not being properly updated on the income-tax portal

Over 30,000 TCS workers affected by TDS errors; Tax dept sends notices
Updated On : 13 Sep 2024 | 10:32 AM IST

Gen AI boosting productivity of Indian IT industry's rising niche: TCS exec

Generative AI has taken centre stage in the space and clients are replanning budgets and product features, Chakravarti said

Gen AI boosting productivity of Indian IT industry's rising niche: TCS exec
Updated On : 05 Sep 2024 | 4:29 PM IST

TCS expands partnership to transform Primark's tech operations over 5 years

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

TCS expands partnership to transform Primark's tech operations over 5 years
Updated On : 29 Aug 2024 | 4:51 PM IST

Mcap of 9 of top-10 valued firms add Rs 95,522 cr; RIL, TCS lead gainers

The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, the BSE benchmark jumped 649.37 points or 0.80 per cent. The market capitalisation (Mcap) of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore. The valuation of TCS jumped Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,61,151.49 crore. The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore. ITC soared Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India added Rs 2,498.89 crore to Rs 7,27,578.99 crore. In addition, the valuation of Life Insurance Corporation of India jumped

Mcap of 9 of top-10 valued firms add Rs 95,522 cr; RIL, TCS lead gainers
Updated On : 25 Aug 2024 | 10:37 AM IST