Winning deals propels expansion
Tata Consultancy Services (TCS), a subsidiary of Tata Sons Ltd, is a global IT company providing a range of services to industries, such as banking, financial services and insurance (BFSI), telecommunications, transportation, retail,; manufacturing, pharma and utilities.
* In Q2FY25, TCS reported a revenue of Rs. 64,259cr (+8% YoY), driven by strong performance in India (+95% YoY), the UK (+11% YoY) and Asia-Pacific (+11% YoY).
* Revenue from India sur...
Buy Tata Consultancy Services Ltd For Target Rs. 4,634 By Geojit Financial Services Ltd
Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.
During the trading session from October 7-11, the market capitalisation of Tata Group company Tata Consultancy Services (TCS) declined by Rs 35,638 crore to Rs 15,01,723 crore. The market cap of Reliance Industries (RIL) has declined by Rs 21,351 crore to Rs 18,55,366 crore.
FMCG major ITC experienced a decrease in its market cap by Rs 1...
Seven companies marketcap decreases by over Rs 1 lakh crore
Tata Consultancy Services (TCS) on Thursday posted Rs 11,909 crore in net profit -- a drop of 1.1 per cent quarter-on-quarter but a 5 per cent growth year-on-year -- for the July-September period (Q2) this fiscal.
The revenue of the IT services major rose to Rs 64,259 crore, a YoY growth of 7.6 per cent, led by energy, resources and utilities and manufacturing.
TCS declared the second interim dividend of Rs 10 per share.
In the July-September quarter, the company hired 5,726 em...
TCS posts 5 pc net profit growth at Rs 11,909 crore in Q2, hires 5,726 people
The special trading sessions on Saturday saw Indian equity markets extending their winning streak as the benchmark indices ended higher on both of the special sessions.
While the BSE Sensex closed above 74,000, up 342 points (0.46 per cent) the NSE Nifty 50 advanced 35.9 points or 0.16 per cent, to end at 22,502.
During the day, the Sensex rose as much as 0.33 per cent to 74,162.76.
Ajit Mishra, senior vice president, research, Religare Broking Ltd, said the benchmark indices experie...
Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead
Tata Consultancy Services (TCS) on Monday announced a new delivery centre in Brazil that will create more than 1,600 new job opportunities over the next five years.
The centre in Londrina, in the state of Parana, would contribute to the local economy and strengthen the TCS’ presence in the region.
"We are looking to double the number of associates in key areas such as cyber-security, cloud, cognitive business operations (CBO), ITIS, AI and automation, reflecting our dedicatio...
TCS announces new delivery centre in Brazil, to create 1,600 new jobs