|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||2,672.65 - 2,694.25|
|52-week range||2,140.00 - 2,774.00|
|PE ratio (TTM)||21.76|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Bengaluru, Nov 15 (IANS) Global manufacturer Rolls-Royce plc on Wednesday tied up with Indian IT bellwether Tata Consultancy Services (TCS) to accelerate its digital transformation for adding value to its customers in diverse industry verticals. "As part of the tie-up, TCS will provide digital platform capability and enable us to capture, share and analyse data from our operations to develop new product and services for our global customers," Rolls-Royce Chief Digital Officer Neil Crockett told reporters here.
Thane, Nov 8 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Wednesday inaugurated a sprawling new campus of IT services major Tata Consultancy Services (TCS) here which would have a capacity for 30,000 employees when fully operational. To be developed in two phases, the state-of-the-art TCS Olympus Centre is the latest addition to the company's unique global network of software development and delivery centres. TCS CEO and Managing Director Rajesh Gopinathan said the new next-gen workplace provided Collaborative Agile workspaces, Software-Defined Network, Security Operations Centre and a Cloud-enabled infrastructure.
India's top IT services firm Tata Consultancy Services Ltd said it expected an uptick in the retail business segment in the coming quarters but remained cautious about the banking and financial services ...
As India’s Tata Consultancy Services Ltd. is squeezed by the Trump administration to reduce the use of overseas workers for U.S. jobs, the information technology outsourcing giant is also fighting claims ...
India's top software services exporter Tata Consultancy Services Ltd (TCS) said on Sunday a U.S. jury had more than halved to $420 million the damages it has to pay to medical software company Epic Systems in a trade secrets lawsuit. In April 2016, the jury in Wisconsin found TCS guilty of illegally accessing Epic Systems' data when working for a common client and awarded Epic Systems $940 million in damages. TCS, which denied any wrongdoing, said it would continue to contest the order.
Lloyds Banking Group on Tuesday told about 1,000 staff in its insurance division that they will be moving to Diligenta, a subsidiary of India's Tata Consultancy Services , in a move criticised by trade union Unite. Unite said that the staff at Scottish Widows and Clerical Medical in Edinburgh and Bristol will be transferred to the new company. "The bank's 'sale' of its committed Scottish Widows and Clerical Medical staff represents contempt for long serving and skilled employees," Rob MacGregor, a Unite national officer, said in a statement.
Mumbai, Sep 4 (IANS) IT major Tata Consultancy Services (TCS) on Monday said that Ishaat Hussain has retired as a Director of the company. "We would like to inform... Ishaat Hussain has ceased to be a Director of the company with effect from September 3, 2017, as per the retirement age policy for Directors of the company," the company informed the BSE in a regulatory filing.
India's salt-to-software Tata Group is considering a plan to streamline its technology and infrastructure businesses, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The restructuring plan would involve moving several of its technology businesses under Tata Consultancy Services Ltd, the country's top software services exporter, the report said (https://bloom.bg/2viSOUB). Tata Group has not made a final decision about which companies would be folded under TCS, the report added.
Mumbai, July 17 (IANS) The market capitalisation (m-cap) of industrialist Mukesh Ambani-led Reliance Industries (RIL) crossed the Rs 500,000 crore-mark for the first time on Monday. According to market observers, RIL became only the second company after Tata Group's multinational IT firm Tata Consultancy Services (TCS) to cross the Rs 5 lakh crore mark in terms of m-cap. On Monday, RIL's m-cap closed at Rs 504,458.09 crore, as the company's shares on the BSE gained 1.33 per cent or Rs 20.30 to Rs 1,551.35 from its previous close at Rs 1,531.05.
India's top IT services company Tata Consultancy Services Ltd (TCS) is moving to capitalize on growth opportunities in areas such as life sciences and manufacturing, Chief Executive Rajesh Gopinathan said on Friday. With IT spending in the core banking, financial services and insurance (BFSI) segment subdued in the United States - the largest market for India's more than $150 billion software services sector - companies are looking at different sectors and a wider range of service offerings to drive revenue growth. Gopinathan said in an interview with Reuters that technology was playing a growing role in not just the manufacturing process, but also in products, allowing companies such as TCS to target non-traditional sectors more than they did in the past.
Mumbai, July 13 (IANS) Tata Consultancy Services (TCS) posted net profit of Rs 5,945 crore for the first quarter of the current fiscal, registering a decline of 5.9 per cent from Rs 6,608 crore in the previous quarter of the last fiscal, said the IT bellwether on Thursday. In a regulatory filing on the BSE after trading on the bourses, the software major said revenue for the quarter under review (Q1), however, remained flat sequentially (0.2 per cent) at Rs 29,584 crore as against Rs 29,642 crore in the last quarter but up one per cent year-on-year (YoY) from Rs 29,305 crore in same period year ago. Under the International Financial Regulatory Standard (IFRS) or in dollar terms too, net income declined seven per cent sequentially to $924 million in the quarter under review (Q1) from $994 million quarter ago and 1.8 per cent from $940 million year ago.
MUMBAI/BENGALURU (Reuters) - Top Indian software services exporter Tata Consultancy Services (TCS) said on Thursday it was optimistic about client spending on technology even as a cautious global environment and a stronger rupee dented first-quarter profit. TCS, part of the salt-to-software Tata Sons conglomerate, reported consolidated net profit for the three months to June 30 fell nearly 6 percent from a year earlier to 59.5 billion rupees ($923.2 million). Analysts on average had expected 61.81 billion rupees.
Mumbai, July 13 (IANS) Tata Sons on Thursday announced the appointment of Aarthi Subramanian as the Tata Groups Chief Digital Officer. According to the company, Subramanian, in her new role, will report ...
Mumbai, June 12 (IANS) In a bid to address the rapidly-evolving digital transformation requirements in global markets including in India, Tata Consultancy Services (TCS) on Monday announced a new collaboration with Intel Corporation to build a "future-ready reference architecture" for enterprises. The collaboration will help firms adopt new-age technologies like Internet of Things (IoT), Cloud, network, 5G, artificial intelligence and data centre infrastructure management.
Mumbai, June 8 (IANS) Global software major Tata Consultancy Services (TCS) on Thursday launched "BaNCS App Development Kit" (ADK) that will enable banks to fast design and build their own apps and deploy it across devices and desktops seamlessly. "BaNCS ADK" will help banks to design and deploy both enterprise and consumer apps in a hybrid architecture, adopting modern principles of responsive web design. "The vision for 'BaNCS ADK' is to transfer flexibility and speed of development to the Bank, leveraging a library of business aware financial widgets and components," said Sathish Vallat, Head of TCS BaNCS Digital, in a statement.
Mumbai, May 18 (IANS) Tata Consultancy Services Ltd (TCS) on Thursday commenced the buyback of its 5.6 crore shares for Rs 16,000 crore at Rs 2,850 per equity share of Re 1 face value, the global software ...
Mumbai, May 15 (IANS) IT major Tata Consultancy Services (TCS) on Monday said it will commence its Rs 16,000 crore share buy back program from Thursday. The company said that it will start the process after securities markets regulator Sebi gave its approval to the share buy back plan. According to a regulatory filing with BSE, the IT major through letter dated May 12, 2017 has received the final observations from Sebi on the draft letter of offer for the buy back dated April 25, 2017.
Mumbai, April 24 (IANS) Industrialist Mukesh Ambani-led Reliance Industries (RIL) on Monday regained its position as the most valued company of the country in terms of market capitalisation (m-cap) after a gap of four years. The company's shares on the BSE closed higher by 1.19 per cent or Rs 16.65 to Rs 1,416.40 from its previous close at Rs 1,399.75. This lifted RIL's m-cap to Rs 4,60,518.80 crore.
Tata Consultancy Services Ltd, India's biggest software services exporter, reported a slightly smaller than expected rise in fourth-quarter earnings on Tuesday, but was confident of demand growth in some of its major focus areas. TCS, part of the Tata Group - India's largest conglomerate, expects a robust pipeline of projects in automation and cloud services, its chief operating officer N. Ganapathy Subramaniam told a news conference following the earnings release.
Mumbai, March 1 (IANS) IT major Tata Consultancy Services on Wednesday said that Tata Sons will participate in the company's upcoming share buy-back. "In terms of Sebi buyback regulations, under tender offer route, the promoters have the option to participate in the buyback," the IT major informed the BSE in a regulatory filing. "We would like to inform that the promoter and promoter group of the companies have communicated their intention to participate in the proposed buyback," it said.
Tata Consultancy Services Ltd , which plans to buy back shares worth up to 160 billion rupees , said on Wednesday the founder group of the company intended to participate in the proposed buyback. TCS, ...
Tata Sons, the holding company of the $100-billion Tata group, will focus on boosting shareholder returns and tightening capital allocation rules, newly-appointed chairman Natarajan Chandrasekaran said in a statement on Tuesday. Chandrasekaran, widely known as Chandra, took over as chairman on Tuesday, months after the firm ousted predecessor Cyrus Mistry in a bitter boardroom coup with family patriach Ratan Tata returning to the helm temporarily.
Mumbai, Feb 20 (IANS) Global software major Tata Consultancy Services (TCS) Ltd on Monday announced that Tata Sons Chairman Natarajan Chandrasekaran will also be its non-executive Chairman from Tuesday. "Tata Sons Ltd has nominated N. Chandrasekaran as the Chairman of the Board of Directors of the company in place of Ishaat Hussain from February 21," said TCS in a regulatory filing to the BSE.
India's top software services exporter Tata Consultancy Services(TCS) will buy back shares worth up to 160 billion rupees ($2.4 billion), it said on Monday, adding to pressure on similarly cash-rich rival Infosys to follow suit. The TCS board has approved the buyback of up to 56.1 million shares at 2,850 rupees apiece, the company said in a stock exchange filing, returning cash to shareholders at a substantial premium to Friday's closing price of 2,407.90 rupees. Its offer is above the record price of 2,839.70 rupees hit in October 2014 and sent TCS shares up 3.9 percent on Monday.
Mumbai, Feb 20 (IANS) Global software major Tata Consultancy Services (TCS) on Monday announced that it will buy back up to 5.61 crore equity shares of Re 1 face value for Rs 16,000 crore. The decision ...