TCS News

Tata Consultancy Services expands partnership with Phoenix Group

The transformation is expected to take approximately three years to complete, with a number of Standard Life Assurance employees transferring to TCS by the end of that period.

TCS posts 1.8 per cent rise in September quarter profit

Though the profit growth disappointed markets, the company announced a total dividend of Rs 45 per share, including Rs 40 as special dividend.


Budget 2019: TCS, HUL among 100 firms that may have to sell shares worth billions of dollars

Companies must increase shares held by the public to a minimum 35% from 25% at present, Finance Minister Nirmala Sitharaman said in her maiden budget, asking the market regulator to “mull” the proposal.

Earnings season off to a sluggish start

Management commentary suggested that demand was likely to pick up after the elections, especially for materials such as cement, as more housing and construction projects would take off.

TCS shares fall 2.45% post Q3 earnings

The company had posted a net profit of Rs 6,531 crore in the corresponding period of the previous financial year as per Indian accounting norms.

Why do you fire so many Americans? TCS faces US jury

While TCS has won awards as a top employer in North America, the lawsuit paints a different picture.


TCS among top 10 firms to get foreign labour certification for H-1B visas

The visa programme allows employers to temporarily employ foreign workers in the US on a non-immigrant basis in specialty occupations or as fashion models of distinguished merit and ability.

Software major TCS hits 3-month low; firm posts Q2 profit but margin woes remain

The company's Q2 recorded a profit of 79.01 billion rupees ($1.07 billion) beating estimates on Thursday, helped by revenues from retail sector and banking, financial services and insurance clients.

TCS shares drop nearly 4 per cent post Q2 earnings

The stock despite a positive opening surrendered all its early gains and declined 3.78 per cent to Rs 1,904.80 as the trade progressed on BSE.

TCS becomes second firm to hit Rs 8 lakh crore m-cap mark

Mumbai-headquartered TCS had in April became the first Indian company to close the trading session with over $100 billion market valuation.