Page 106 - Tcs News Today

This trend in investment in employee skilling at IT companies comes at the back of peaked  interest in generative AI among clients in the sector.

The addition of a chief fitness officer to the Zomato leadership reflects a growing commitment at India Inc — taking the health and fitness levels of employees very seriously.

From the top-10 pack, Reliance Industries, ICICI Bank, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS), HDFC Bank and Infosys witnessed addition in their market valuation.

Indian firms extended their record dividend spree for the third consecutive year, notwithstanding their lacklustre bottom-line performance. An overwhelming share went to fill the promoters’ coffers.

The Container Store Group (NYSE:TCS – Get Free Report) updated its FY 2023 earnings guidance on Tuesday. The company provided EPS guidance of $0.05-$0.15 for the period, compared to the consensus EPS estimate of $0.09. The company issued revenue guidance of $875.00 million-$890.00 million, compared to the consensus revenue estimate of $896.27 million. The Container […]

The Container Store Group (NYSE:TCS – Get Free Report) issued an update on its second quarter 2023 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -$0.10-0 for the period, compared to the consensus earnings per share estimate of $0.13. The company issued revenue guidance of $205.00 million-$215.00 million, compared to […]

As Q1 earnings season picks up momentum more stocks from different sectors see an improvement in their analyst scores, it is important to be selective before being bullish when looking at stocks. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Happy Friday! US hedge fund Davidson Kempner has started reconstituting the board of Byjus crown jewel, Aakash Educational Services Ltd (AESL), in an effort to turn around and improve the governance at the crisis-hit edtech company. This and more in todays ETtech Morning Dispatch.

India News: India Inc will once again stay silent on the riots in Haryana. However, everybody knows that unrest does not help in the ease of doing business

Wipro CEO Thierry Delaporte took home a remuneration of $10 million or Rs 82.2 crore during FY23. Delaporte is also the highest-paid CEO among his IT peers in FY23. During FY23, the shares of Wipro fell nearly 38%, while it saw its PAT dip by 7% during the same period.