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Tata Consultancy Services (TCS)

Tata Sons reveal why Mistry was hired and fired

Tata Sons reveal why Mistry was hired and fired

Thu, Nov 10, 2016

Updated with comments from sources close to Cyrus Mistry. Sudden ouster of Cyrus Mistry, ex-chairman of Tata Sons on October 24, who was left with little or no explanation of his removal raised questions regarding the decision of Tata Group’s holding company.

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Mistry was intolerant to criticism: Tata Sons

Mistry was intolerant to criticism: Tata Sons

Thu, Nov 10, 2016

Former chairman Cyrus Mistry was intolerant to critical reports, Tata Sons has lashed out in a statement. 

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Mistry’s ouster: TCS’ N Chandrasekaran, JLR’s Ralf Speth join Tata Sons' board

Mistry’s ouster: TCS’ N Chandrasekaran, JLR’s Ralf Speth join Tata Sons' board

Wed, Oct 26, 2016

N Chandrasekaran of Tata Consultancy Services (TCS) and Ralf Speth of Jaguar Land Rover (JLR) were elevated to board of Tata Sons on Tuesday.

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Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Mon, Oct 24, 2016

Mistry had took over the seat four years back, in December 2012, when Ratan Tata decided to become 'angel' for startups. 

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Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Mon, Oct 24, 2016

Till last week, these companies contributed nearly Rs 18,191.29 crore market value on BSE.

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Top nine cos add Rs 30,034 crore in market valuation

Top nine cos add Rs 30,034 crore in market valuation

Sun, Oct 23, 2016

Nine of the 10 most valued Indian companies together added Rs 30,034.14 crore to their market valuation last week, with IT major TCS topping the chart.

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Q2 review: BFSI, Retail pressure seen on TCS, Infosys

Q2 review: BFSI, Retail pressure seen on TCS, Infosys

Fri, Oct 14, 2016

Analysts expected India's IT sector to report growth but flagged banking & financial services (BFSI) vertical as the weakest link. The fears have come true. 

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TCS' Q2FY17 beats estimates; reports 4% rise in net profit

TCS' Q2FY17 beats estimates; reports 4% rise in net profit

Thu, Oct 13, 2016

The company's revenue for the Q2FY17 stood at Rs 29,284 crore, up 7.8% on y-o-y basis.

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Q2 Pre-result effect: TCS falls 1.6%, Infosys gains 2%

Q2 Pre-result effect: TCS falls 1.6%, Infosys gains 2%

Thu, Oct 13, 2016

However, shares of TCS were trading at Rs 2338 per share, down 1.77% at 11.53 am, while shares of Infosys, were trading higher by 1.88% on BSE, at Rs 1048.25 per share. 

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Sensex falls over 300 points as heavyweights tumble

Sensex falls over 300 points as heavyweights tumble

Thu, Oct 13, 2016

Indian shares fell on Thursday, dragged lower by heavyweights such as Reliance Industries as well as financial and technology stocks, signalling low risk appetite among investors ahead of some key company results.

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TCS Q2 result: Shares drop over 1%; What to expect?

TCS Q2 result: Shares drop over 1%; What to expect?

Thu, Oct 13, 2016

TCS is estimated to report 2.4% growth in c/c and cross-currency impact of 90 bps. Also, cross-currency headwind from 13% exposure to GBP (depreciated 8.5% versus US$) will be partly offset by about 4% exposure to Japanese yen (appreciated 5% versus US$).

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Market outook: Q2 results, macro-data to drive Sensex, Nifty

Market outook: Q2 results, macro-data to drive Sensex, Nifty

Sun, Oct 09, 2016

The equity markets will remain closed on Tuesday and Wednesday on account of Dussehra and Muharram.

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"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

Wed, Sep 14, 2016

Mistry said each of the group companies is charting its own strategy and growth story, with the focus on sustainable and profitable growth.

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TCS lowers outlook for Q2FY17; drags shares of top 4 IT cos

TCS lowers outlook for Q2FY17; drags shares of top 4 IT cos

Thu, Sep 08, 2016

The company cautioned the investors on its business trends in the second quarter of this fiscal.

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Domestic markets in green again; Nifty maintains 8,900-mark

Domestic markets in green again; Nifty maintains 8,900-mark

Thu, Sep 08, 2016

Indian Rupee opened at 66.47 per dollar, depriciated 11 paise as compared to 66.36 per dollar on previous close.

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TCS once again bags leadership in Everest group banking AO peak matrix

TCS once again bags leadership in Everest group banking AO peak matrix

Wed, Sep 07, 2016

It said in a statement that, "TCS was recognized for its industry leading domanin solutions, strong delivery and execution capabilities and success in both mid and large client segments. " 

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M-cap of BSE-listed cos hits record high, tops Rs 112 lakh crore

M-cap of BSE-listed cos hits record high, tops Rs 112 lakh crore

Tue, Sep 06, 2016

The market capitalisation (m-cap) swelled to Rs 1,12,44,145 crore. Earlier, it had hit a record high of Rs 100 lakh crore in November 2014.

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Tata group firms team up with Harvard, Yale universities for R&D opportunities

Tata group firms team up with Harvard, Yale universities for R&D opportunities

Mon, Aug 29, 2016

Tata group firms such as Tata Sons, Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR) have signed agreements with the world's leading academic institutions, including Harvard University, to fund research and development (R&D) opportunities.

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Here's what TCS, Infosys and Wipro's poor Q1 performance say about the future

Here's what TCS, Infosys and Wipro's poor Q1 performance say about the future

Wed, Jul 20, 2016

After Infosys, Wipro on Tuesday registered disappointing result for the quarter ended  on  June 30. 

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Brexit may have impact on future earnings of TCS

Brexit may have impact on future earnings of TCS

Sat, Jul 16, 2016

After TCS posted nearly 10% rise in consolidated net profit in Q1 of FY17, brokerages have said that it is a decent start for the current fiscal, but have cautioned on likely Brexit impact on the company's future earnings. 

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