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tcs share price: TCS fixes November 25 as record date for proposed Rs 17000-crore share buyback

In October, India s largest software exporter had announced a Rs 17,000-crore share buyback programme through the tender offer route. The company plans to buy back up to 4.09 crore shares at a price of Rs 4,150 per share. This represents 1.12% of the total paid-up equity share capital of the company. ....

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tech outsourcing: IT sector's 30% revenues maybe from non-US, UK markets by 2030

According to data from technology research firm UnearthInsight, the US and Europe currently contribute 75-80% of the global IT services market while the rest 20-25% is spread across 70-80 countries. This share is likely to increase to 30% by fiscal 2030 said Gaurav Vasu, founder and chief executive at UnearthInsight. ....

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Indian shares: Rs 3 lakh crore Diwali bonus! Sensex jumps over 600 points. 6 factors behind the rally

Led by strong participation from retail investors, the rally in smaller stocks showed no signs of slowing down as the Nifty Smallcap50 outperformed with a 1.5% jump. The post-Diwali rally made investors richer by about Rs 3.1 lakh crore as the total market capitalisation of all BSE-listed stocks jumped to Rs 325.2 lakh crore. ....

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TCS Bengaluru office evacuated after bomb hoax call, allegedly from former woman employee, ET Telecom

A Tata Consultancy Services (TCS) office in Bengaluru received a false bomb threat call, prompting the evacuation of employees. The hoax, directed specifically at the B block of the Bengaluru office, triggered security measures, including the dispatch of a bomb disposal squad and a dog squad for a thorough search. Investigation revealed the call originated from a former female employee in Hubli. This incident mirrors a similar hoax at TCS s Kondapur office in Hyderabad six months ago, where an ex-employee caused an evacuation. ....

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