Page 157 - Tcs News Today

The global banking crisis will hit the sector hard as BFSI is the single largest contributor to Indian IT firms’ revenues

Indian stock market may open weak on Monday if crude oil price surges in early morning Asian stock market deals, believe experts

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remittance Scheme (LRS) of the Reserve Bank, to ensure that such expenses do not escape TCS (Tax Collection at Source).

Tecsys Inc. (TSE:TCS – Get Rating) Director David Brereton sold 6,300 shares of the firm’s stock in a transaction that occurred on Wednesday, March 15th. The stock was sold at an average price of C$27.37, for a total transaction of C$172,400.76. David Brereton also recently made the following trade(s): On Tuesday, March 21st, David Brereton […]

Tecsys Inc. (TSE:TCS – Get Rating) Director David Brereton sold 6,300 shares of the business’s stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of C$27.37, for a total transaction of C$172,400.76. David Brereton also recently made the following trade(s): On Tuesday, March 21st, David Brereton sold 12,600 […]

The brokerage believes TCS and Infosys are better positioned, whereas Wipro and Cognizant are vulnerable

MD and CEO Rajesh Gopinathan is set to leave the top Tata Consultancy Services position on September 15 after his notice period ends.

Recently, TCS and Infosys have seen senior level exits. Infosys saw two president-level exits, with Ravi Kumar and Mohit Joshi leaving the company to join top tier IT firms Cognizant and Tech Mahindra, respectively.

Differences over key issues had cropped up between Gopinathan and Tata Sons chairman

They also added that the exposure of TCS, Infosys, LTIMindtree and Tata group companies are in the lead with 10-20 basis points exposure.