Page 51 - Tcs News Today

The latest generative AI practice to help enterprises choose and quickly scale the right solutions for their unique business needs and transform their organisations, using AWS’ services such as Amazon Bedrock

Edtech major Byjus on Monday elevated senior executive Jiny Thattil to the role of chief technology officer. This and more in todays ETtech Top 5.

The practice will focus on using responsible AI frameworks and its "Paceport innovation hubs" to build a comprehensive portfolio of solutions and services for every industry sector, as per an official statement.

Generative AI hasnt yet translated to large deals and projects for Indias IT services companies and is unlikely to shore up the sectors growth anytime soon

While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, State Bank of India, and Bajaj Finance faced erosion in valuation.

Reliance Industries maintained its position as the most-valued firm, followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India, and Bajaj Finance

Here are some stocks to watch out for ahead of Friday’s trading session

TCS would turn ex-date for share buyback. The record date for the same is November 25, Saturday. The IT major is looking to buyback up to 4,09,63,855 shares at Rs 4,150 apiece for an aggregate amount not exceeding Rs 17,000 crore.

The last time investors got a chance to participate in such a public float was in 2004 when TCS hit the bourses. The IT services company turned out to be an excellent wealth creator for investors and is one of the top blue-chips today in terms of market capitalisation. Can the software-solutions provider to automakers repeat the feat?

Tata group last brought TCS to the market 20 years ago. As it turned out, the IT services company created enormous wealth for investors and in the process joined the elite list of most valuable companies in the country. Analysts see no reason why Tata Technologies cant create wealth for investors and are extremely bullish on the public offer.