Page 215 - Tcs News Today

Tata Sons exits BPM biz, offloads Conneqt stake Top Searches Tata Sons exits BPM biz, offloads Conneqt stake Reeba Zachariah / TNN / Updated: Apr 17, 2021, 10:37 IST FacebookTwitterLinkedinEMail MUMBAI: Tata Sons has sold its remaining 30% in the business process management (BPM) unit Conneqt to Quess Corp — majority owned by Indian-Canadian businessman Prem Watsa — for Rs 208 crore. With this, Tata Sons, the holding company of the Tata Group, has exited the BPM business it founded in 2004...

India Business News: TCS’s total headcount is set to cross the 5 lakh landmark this year, and given the pace at which its employee numbers are rising, it should become the

Brokers call: TCS (Buy) | Updated on CMP: ₹3218.95 Tata Consultancy Services has reported consolidated revenues of ₹43,705 crore in Q4FY21, up by 9.4 per cent year-over-year and 4.1 per cent quarter-on-quarter led by strong growth across all verticals and geographies. This healthy growth in the top-line is also supported by the strong demand in core transformation services and strong revenue conversion from earlier deals. Strong recovery from TCS, post the initial phases of the Covid-19 pan...

Wipro jumps ahead of Q4 results. Heres what analysts say SECTIONS Last Updated: Apr 15, 2021, 11:47 AM IST Share Synopsis Salary hikes during the quarter may hurt margins, but a favourable currency tailwind could help offset it, to an extent, analysts said. Wipro is scheduled to report its financial results for the January-March period later in the day. Related NSE Explore Now NEW DELHI: Even as Infosys and Tata Consultancy Services March quarter earnings failed to surprise Dalal Street, Wipro...

LIC betting on old economy stocks Buys shares worth ₹3,000 crore in at least 15 companies The biggest domestic institutional investor LIC has upped holdings in at least 15 companies by buying shares worth ₹3,000 crore during January-March quarter even as markets rose nearly 4 per cent. LIC has hiked stakes in old economy sector companies such as those involved in manufacture of cement, auto ancillaries, chemicals, energy and paints. However, it also appears to have booked profits partly in ...

Are we done pencilling in the damage with state-wide lockdowns? Could the situation for the markets worsen with the deteriorating Covid-19 situation? On Monday, we saw a knee-jerk reaction to the looming second wave and as the second wave acquires a larger proportion and a more PAN India kind of dimension, these concerns may still linger on, but the good news is that from the highest levels of the government, there has been statements which say that we are not going to see a national lockdown a...

Deliverance SUBSCRIBE Well soon meet in your inbox. / Morning Dispatch Maharashtra from today. We’re getting that 2020 feeling again. Also in today’s letter: Hiring puzzle for IPO-bound Flipkart eyes Cleartrip for a bargain Maharashtra bars non-essential e-commerce E-commerce platforms will have to stop deliveries of non-essential goods in Maharashtra from 8:00 pm today, when the state government’s new 15-day curfew to tackle the surge in Covid-19 cases comes into effect. The state said...

While analysts stayed positive on TCS growth prospects, they see limited earnings upgrades for the stock from here on due to lack of positive surprises and expensive valuations.

Should TCS shareholders expect higher dividends? SECTIONS Last Updated: Apr 13, 2021, 03:00 PM IST Share Synopsis "We have been consistent in our policy of distributing 80-100% of our free cash flow unless there is some specific requirement like an acquisition, for example," says TCS CFO CFO V Ramakrishnan. ETMarkets.com NSE Explore Now A day after releasing its quarterly results, the top management of Indias largest IT company Tata Consultancy Services (TCS) spoke to Nikunj Dalmia on a host of...

Meesho CEO Vidit Aatrey believes there are structural problems in Indian e-commerce as even today, fewer than a million small businesses are selling online.