Page 28 - Tcs News Today

The Indore campuses of Infosys and TCS have been on edge not due to one leopard but three, comprising a mother and her two cubs, who established their

TCS CEO K Krithivasan expressed confidence that most employees will be back in the office in the next couple of quarters.

In the 2024 Brand Finance Global 500 report, Tata, Infosys, LIC, HDFC, RIL, Airtel, HCL Tech, SBI, Mahindra, Wipro, Mahindra Group, Jio, L&T, Indian Oil, Crédit Agricole, and Bajaj secure positions among the leading global brands.

Tata Communications posted an 88% dip in profit over the year for the third quarter at Rs 45 crore. Revenue grew 24.4% to Rs 5,633.26 crore during the same time led by strong performance in its data segment.

TCS CEO K Krithivasan says most employees will be back in the office in the next couple of quarters, TCS CEO Says 65% Employees Working From Office 3-5 Days A Week; Details Here

HDFC Banks results reflect the transition the bank is going through, with the need to increase their share of loans with retail and SME. Loan growth for the bank is expected to pick up in the coming quarter. The valuations are all right, and earnings are slightly mixed. The IT sector is experiencing a pivot, with US interest rates set to fall, leading to the execution of pending order books. The financial services industry in the US will be the first to start executing orders.

Just in 11 sessions of this new year 2024, the benchmark Nifty surpassed 22,000 while Sensex crossed the 73,000 mark for the first time ever on January 15.

India News: The drop in large American orders for Indian outsourcing companies such as TCS and Infosys is a drag on white-collar jobs as Prime Minister Narendra M

Market leader Tata Consultancy Services (TCS), with a market value in the vicinity of Rs 14 lakh crore, indicated a recovery in BFSI orders in the Q4 quarter. Brokerages also said Infosys financial services performance was better than anticipated.

Infosys and TCS reported Q3 results last week, and their stocks closed higher by 8% and 4%, respectively, the next day. Other IT stocks, too, which were experiencing muted growth, witnessed a stellar run on the bourses. ET Prime analyses if the worst is over for the IT sector.