Page 92 - Tcs News Today

Tecsys Inc. (TSE:TCS – Free Report) – Equities research analysts at Cormark boosted their FY2024 EPS estimates for shares of Tecsys in a research report issued to clients and investors on Monday, September 11th. Cormark analyst G. Fairweather now expects that the company will post earnings of $0.32 per share for the year, up from […]

The new TCS regulations, which go into effect on October 1, 2023, will have an influence on a variety of financial transactions involving investments, education, and abroad spending. Here's everything you need to know.

Tuscaloosa City Schools is asking for more input on the future of the school system via survey.

TCS, Infosys, Wipro, HCL Tech: IT companies' forex revenue stood at Rs 5.14 lakh crore in 2022-23, which was higher than the total forex earning of other manufacturing companies (ex-IT and oil & gas)

“The largecap stocks continue to show a lot of resilience even when we have volatility. For the time being, it would make more sense to focus on some of the largecap banks or stocks where we are seeing a fair bit of stability and strength. Even IT is coming back in a major way. It would make sense to focus on these bases.”

Discover 9 stocks that are currently overbought but show signs of a declining RSI, providing valuable insights for investors looking to navigate potential corrections.

Tata Consultancy Services (TCS) is looking to promote its locally developed 5G radio network gear in overseas markets, particularly in the US. TCS Chief Operating Officer NG Subramaniam stated that the N78 5G radios designed by Tejas Networks may be qualified for global 5G opportunities, including those in the US.

"The reason the market saw no panic selling is there is low trader interest and positioning in these stocks, in the segment," said Rohit Srivastava, Founder, Indiacharts.com. "IT is going to do better backed by a good global tech environment and strong NASDAQ, and will continue to pick up."

Starting from October 1, 2023, all overseas outward remittances, except for medical and educational purposes, over a threshold limit of Rs 7 lakh in a financial year will attract a tax collection at source (TCS) of 20%. From an international trip to investments in foreign stocks, mutual funds, or cryptocurrencies abroad, or going abroad for higher studies, know how much TCS

“There is a good 30% to 40% drop in the PE multiple when you normalise for the cash element or go pre-Ind AS and normalise it for that aberration..So, when you normalise the PE multiple for how the P&L is going to look like adjusted for aberrations, the real PE multiple appears much lower than that.”