Page 204 - Tcs News Today

The pandemic has accelerated the adoption of digital technologies by clients, driving demand for software services companies such as TCS. Analysts believe demand will remain strong for the next few quarters, led by spending on cloud migration by large corporates.

The IT major's Chief Human Resources Officer, Milind Lakkad described the attrition levels as concerning and it is likely to continue for the next two-three years.

IT Shares: Infosys, TCS, Tech Mahindra and HCL Tech constitute four of the top six Sensex gainers for the day, registering gains of 1-2 per cent each

Tata Consultancy Services has announced that its long-standing partnership with SBI, Indias largest bank, has been extended for another five years

The partnership between TCS and SBI started with the implementation of the TCS BaNCS core banking solution in 2001.

The market capitalisation (m-cap) of TCS fell by Rs 52,526.53 crore to reach Rs 13,79,487.23 crore whereas the valuation of Infosys dipped Rs 41,782.4 crore to Rs 7,06,249.77 crore

Four straight sessions of losses pulled down the benchmark Sensex from 60,077.88 on Monday to 58,765.58 on Friday, the biggest weekly loss in over five months

Under this project, TCS will assist MCX in building a new technology core, transforming its trade and post-trade functions

SMM Monthly Imported Copper Concentrate Index stood at $58.55/mt in August, up $7.45/mt from July. But the weekly increase of Imported Copper Concentrate Index slowed sharply.

TCS, which is positioning itself as a company that provides end-to-end consulting to implementations to global clients and gain more of their wallet share, is bullish on faster growth as customers across sectors invest in technology to transform their business.