TCS inches up on planning to launch TCS Pace Port Paris in October 2022
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Tata Consultancy Services is currently trading at Rs. 3214.45, up by 7.65 points or 0.24% from its previous closing of Rs. 3206.80 on the BSE.
The scrip opened at Rs. 3237.40 and has touched a high and low of Rs. 3241.65 and Rs. 3213.00 respectively. So far 8376 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4045.50 on 18-Jan-2022 and a 52 week low of Rs. 3133.20 on 28-Jul-2021.
Last one week high and low of the scrip stood at Rs. 3390.15 and Rs. 3178.90 respectively. The current market cap of the company is Rs. 1173384.59 crore.
The promoters holding in the company stood at 72.30%, while Institutions and Non-Institutions held 22.00% and 5.70% respectively.
Tata Consultancy Services (TCS) has planned to launch TCS Pace Port Paris, an advanced research and co-innovation center, right at the heart of Paris’ business district in October 2022. The announcement has been made at Viva Technology, Europe’s biggest startup and tech event, which takes place from June 15 to 18, 2022, in Paris and online worldwide.
Pace Port Paris is designed to help French companies bring innovations to life faster using the latest advances in technology and collaborating with local startups, entrepreneurs, and academia and by tapping into TCS’ global network of Pace Ports across Amsterdam, New York, Pittsburgh, Toronto and Tokyo. The center will also provide rapid prototyping capabilities with a clear focus on building greater futures by finding and creating sustainable solutions. TCS Pace Port Paris will be the sixth global co-innovation hub launched by TCS. Designed for companies in a wide range of industries, it specializes in energy transition innovation as well as life sciences, manufacturing, utilities and digital engineering.
The center will provide enterprises with new ways to tap the Internet of Things and the latest advances in Artificial Intelligence from TCS Research. In addition, TCS' Co-Innovation Network (COIN) brings in innovative ideas from the start-up, research, and academic worlds that can be leveraged to build customized solutions. The COIN network provides start-ups direct access to TCS’ clients, along with introductions to affiliated venture capitalists, angel investors, and corporate venture capital.
TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years
