TCS announces salary hike, promotions, despite impact on its operating margin
TCS recently found itself in the midst of controversy after senior HR operatives were found running a bribe-for-jobs scam.
Source: thenewsminute.com
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TCS share price: TCS shares rise over 1% after Q1 show. Should you buy, sell or hold the stock?
Tata Consultancy Services (TCS) reported a YoY rise of 17% in consolidated net profit of Q1 to Rs 11,074 crore. However, consolidated revenue increased nearly 13%, marginally lower than the estimated Rs 59,500 crore. Motilal Oswal and Nuvama retained their Buy recommendation on the IT major, while Nomura maintained a Reduce rating.
Motilal Oswal Morgan Stanley Tata Consultancy Services After Tata Consultancy Services Target Price Equal Weight
Source: indiatimes.com
TCS announces annual salary increase, promotions; effective from April: Check details
TCS has rolled out a salary hike for its employees, despite the impact on operating margin.
Source: livemint.com
TCS closes Q1 with 16.8% higher net profit
In a regulatory filing, the company said it had posted a net profit of Rs 11,074 crore, up from Rs 9,478 crore last year.
United Kingdom Milind Lakkad N Ganapathy Subramaniam Samir Seksaria Tata Consultancy Services Ltd Chief Executive Officer
Source: thenewsminute.com
tcs q1 results: TCS Q1 results today: How investors should trade the stock; 6 major factors to watch
Tata Consultancy Services (TCS), which will release its earnings after market hours, is likely to put up a weak show for the June quarter, given the slowdown in technology spending and higher costs.
Andhra Pradesh Ritesh Presswala Prabhudas Lilladher Tata Consultancy Services Consultancy Services Bang Institutional Equities
Source: indiatimes.com