Page 135 - Tcs News Today

Transamerica nixes TCS deal; Foxconn eyes EV manufacturing space; Lenskart raises fresh USD100 million; and India to buy predator drones.

While a bull run in the Indian stock markets bodes well for the cryptocurrency exchange, a slump in the number of active users on online broking platforms is a cause of concern.

Mumbai: Tata Consultancy Services (TCS) lost one of its large IT outsourcing clients after Transamerica Life Insurance cancelled the remainder of a 10.

MUMBAI: Tata Consultancy Services (TCS) lost one of its large IT outsourcing clients after Transamerica Life Insurance cancelled the remainder of a 10.

The brokerage placed IT giants Infosys, TCS, and Mphasis under its negative catalyst watch, and downgraded Persistent Systems to underperform from neutral. "We expect most IT services firms to miss current expectations," said JP Morgan in a note to clients.

TCS which has been in the US for more than 50 years has been the growth and transformation partner for Americas most valuable companies. TCS has more than 1,000 clients in the US.

India Business News: BENGALURU: TCS’s push to get employees to come to office at least three days a week may be bringing benefits for the company, but it has also had at l.

Indias top internet firms like Flipkart have been fertile breeding grounds for entrepreneurs who left jobs to start something of their own. Drawing on a record inflow of venture capital in the past decade, 297 founders set up some 253 new companies, bolstering Indias Startup Mafia. This and more in todays ETtech Morning Dispatch.

The attrition rate has doubled compared with male employees in the industry amid return-to-office call.

Shares of Tata Consultancy Services (TCS), Visaka Industries, DCB Bank, and DJ Mediaprint have turned ex-dividend. TCS, which announced a dividend of Rs 24 per share, has fixed June 15 as the record date. In the last 12 months, TCS has paid a dividend of Rs 91 per share with a dividend yield of 2.8%. While Motilal Oswal has a buy tag on TCS stock, most analysts are cautious on the IT sector in the near term. TCS stock closed flat at Rs 3,245 apiece on NSE.