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TCS, Infosys, H1-B visa violations, US government, Business news, World news

US opens probe against TCS, Infosys for H1-B visa violations

The move by the Labour Department comes days after the NYT had reported that hundreds of employees at Walt Disney.

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Top-9 Sensex cos lose Rs 65,919 cr in market valuation

Barring ICICI Bank, rest nine companies, including TCS, RIL, ONGC and ITC suffered losses in their market capitalisation (m-cap).


TCS net falls 27.15% as employee bonus dents profit

Firm offers record Rs2,628 crore payout to staff on 10th IPO anniversary.

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Market capitalisation: Nine out of top 10 Sensex companies add Rs 74,564.28 cr

The market valuation of Sun Pharma surged Rs 14,062.80 crore to Rs 2,23,378.93 crore, the most among the top 10 firms.

TCS Q3 profit rises 5.1% on US, Europe-driven growth

The tech major has reported revenues of Rs 24,501 crore, a rise of 2.9 per cent on sequential basis and 15.1 per cent on a year-on-year basis.

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TCS reports marginal slide in net profit at Rs 5,328 cr in Q3

TCS reported a marginal 0.1 per cent slide in its profit at Rs 5,328 crore for the third quarter of this fiscal.


Being Cyrus Mistry: Groundwork laid, it’s time for precision tools

Cyrus Mistry’s third year in office may well prove to be an inflection point in his tenure as Tata group head.

Cognizant Q3 net rises 11.3%

Net profit of the firm stood at $355.6 million, though, on a sequential basis, it declined 4.3 per cent.

Gulf between Infosys & TCS narrows in September quarter

Infosys, India’s second-largest IT services exporter, has narrowed the gulf with its rival Tata Consultancy Services…

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India Inc tightens belt for impressive Q2 numbers

The three-month period ending September is the full quarter in operation after the change in government at the Centre.

TCS net jumps 13% on robust utilisation rate, global demand

Revenue up 13.5% to R23,816 crore in Q2; Firm bullish on FY16.


ITC replaces TCS as India’s most admired company: Fortune magazine list

In the latest list for the year 2014, ITC is followed by engineering and infrastructure major Larsen and Toubro.


TCS, Cogizant now neck and neck in North America

After stellar show, Tata group firm’s momentum gives it the edge in key North American market.


TCS subsidiary gets multi-million pound deal from Friends Life Management

TCS arm Diligenta will implement TCS BaNCS to support operations of Friends Life in Apec and Middle East.


TCS announces Rs 100 crore for PM’s ‘Clean India’ initiative

TCS to finance hygienic sanitation facilities for girl students across 10,000 schools in the country.