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Nifty futures on the Singapore Exchange traded 25.5 per cent points or 0.17 per cent higher at 14,626, in signs that Dalal Street was headed for a positive start on Wednesday.
Q3 results: Infosys, Wipro, CESC,
GTPL Hathway, Amtek Auto and 5paisa Capital are some of the companies will would announce their quarter results on Wednesday.
Tata Elxsi: The company said its net profit has increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter.
Tata Motors: The company reported a 1 per cent rise in global wholesales, including Jaguar Land Rover, to 2,78,915 units in the third quarter of the current fiscal.
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11 Indian firms make it to Hurun s top 500 list
Total 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, according to a report. The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP. Mukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to $168.8 billion as of December 1 and is ranked 54th globally, as per the list.
Employment contracts by 2.8% in Oct-Dec quarter: CMIE
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Please wait. On completion of required governance and business changes to effect this transition, TCS will assume full responsibility of the centre, it added. This will secure the centre s viability in the longer term and allow it to continue to serve as a source of opportunity and skills development for women in the country, the statement said. Saudi Desert Rose Holding BV (a wholly owned subsidiary of General Electric International (Benelux) BV) holds 24 per cent share in TCS Saudi Arabia, while the balance 76 per cent is held by Tata Consultancy Services Netherlands BV (a wholly-owned subsidiary of TCS).
Tata Consultancy Services to buy GE s stake In Tata Consultancy Services Saudi Arabia
In 2013, TCS in partnership with GE created the first of its kind All-Women Business Process Services Center in Riyadh (Saudi Arabia).
(Aniruddha Chowdhury/Mint)Premium
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The country s largest software services firm Tata Consultancy Services(TCS) today said that it has entered into an agreement with GE for the transfer of the latter s stake in joint venture.
In a regulator filing TCS said, On completion of required governance and business changes to effect this transition, TCS will assume full responsibility of the Women’s Center, securing its viability in the longer term and allowing it to continue to serve as a source of opportunity and skills development for women in the country . Given GE’s planned exit from this partnership, the partners have entered into a definitive agreement subject to closing conditions for transfer of GE’s stake in the venture to TCS