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April 12, 2021
Indias largest software exporter Tata Consultancy Services (TCS) on Monday reported 15% increased in its consolidated net profit at Rs 9,246 crore for the fourth quarter ending March 31, 2021. It was Rs 8,049 crore in the year-ago period. Consolidated revenue from operations rose 9.4% to Rs 43,705 crore as against Rs 39,946 crore a year ago. Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “Our investments over the last decade in building newer capabilities, a...
April 12, 2021
Revenue grew 9.4% from a year earlier to ₹43,705 crore, beating the ₹43,505.60 crore consensus estimate in a Bloomberg poll. For FY21, revenues stood at ₹1.64 trillion.
April 12, 2021
TCS provisions $165 million for Epic claim, continues legal battle Following an order by an US court to pay $140 million, TCS has made a provisioning of $165 million towards the claims while continuing the legal battle Rukmini Rao | April 12, 2021 | Updated 22:27 IST Following the order by the US Court of Appeals, 7th Circuit, Chicago, last August, upholding an award against Tata Consultancy Services (TCS) asking to pay $140 million, the company has provisioned $165 million towards the legal c...
April 12, 2021
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...
April 12, 2021
Read more about TCS posts strong Q4 results helped by $9.2-bn order book; revenue rises 4% on Business Standard. The company also announced a final dividend of Rs 15 per equity share of Re 1 face value
April 11, 2021
TCS investors should watch out for large deal wins, outlook on client spending trends and levers to defend or improve margins in the backdrop of certain supply side concerns, analysts said.
April 6, 2021
Job postings for these IT professionals in India jumped 300%: Indeed All the cities witnessed a growth in tech job roles except Kolkata where the job postings were concentrated in retail and business development sectors (MINT_PRINT)Premium . Updated: 06 Apr 2021, 04:13 PM IST ANI Indeed data also found out that employers demand for job roles like field engineer, sales lead and editor that de-grew between 55 to 85% during January 2020 and February 2021 Share Via Read Full Story Mumbai: Online...
April 5, 2021
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...
April 5, 2021
Record breaking quarter for Indian IT services is a given — all eyes are now on guidance Record breaking quarter for Indian IT services is a given — all eyes are now on guidance HCL Tech (L), Infosys (C) and Tata Consultancy Services (TCS) are set to share their Q4 results in AprilIANS/BCCL/BI India After a blockbuster third quarter, analysts are bullish on the performance Indian IT companies between January to March as well. Tata Consultancy Services (TCS), HCL Technologies, Infosys ...
April 4, 2021
Eight of the top-10 most valued companies together added Rs 1,28,503.47 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys leading from the front. The valuation of Tata Consultancy Services (TCS) jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore, becoming the biggest gainer among the top-10 most valued companies. Infosys added Rs 20,877.24 crore to take its market capitalisation (m-cap) to Rs 5,90,229.35 crore and Hindustan Unilever saw its valuat...