Page 10 - Tcs News Today

India and Mauritius have agreed to a protocol to alter a double taxation avoidance agreement (DTAA) stating that tax relief cannot be for the indirect benefit of residents of another country. As a result, all FPIs will have to examine whether they have enough commercial rationale to be based in Mauritius when the tax scrutiny happens.

On Friday, TCS announced a final dividend of Rs 28 per share. This was in addition to Rs 45 per share announced over the financial year. In total, TCS paid Rs 73 per share in dividends and completed Rs 17,000 crore in share buyback during the financial year.

Experts also said the worst is behind for the company reeling under the IT sector slowdown, marked by slow discretionary spending in the US

India biz helps TCS post 9 pc jump in Q4 net profit; company says FY25 to be better

TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters.

TCS Q4 Results Preview: TCS is expected to report modest numbers for Q4FY24 amid persisting concerns in the key markets.

IPhone maker Apple has warned its users in India and 91 other countries that they were possible victims of a “mercenary spyware attack”. This and more in todays ETtech Top 5.

‘Wipro is like a perpetual turnaround story’. Heard that line before? Well, the company has lagged peers. And having had eight CEOs since 2000 conveys a leadership continuity challenge. TCS, in its 55+ year history, has had fewer bosses. Pallia, therefore, has a difficult job.

Sensex and Nifty rise. Paytm CEO change and PB Fintechs new subsidiary affect stock prices. TCS to kickstart the quarterly results season. Global market factors influence trading sentiments.

TCS anticipates sequential revenue growth in Q4 earnings amidst deal wins and focus on FY25 outlook. BFSI recovery, Europe market, and mega deals play crucial roles in driving growth.