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Sensex, Nifty touch new high; Infosys, Kotak Mahindra Bank in focus today
Fri, Jan 12, 2018
The 31-scrip index touched a new high of 34,638.42, while the 51-scrip index also touched a new of 10,689.10.
TCS' Q3FY18 consolidated profit at Rs 6,545 crore; constant-currency revenue grew by 6.2% yoy
Thu, Jan 11, 2018
A Bloomberg poll of experts predicted consolidated net profit and revenue to be at Rs 6,532 crore and Rs 31,000 crore in Q3FY18.
Earnings, macro data to set market trend this week: Experts
Sun, Jan 07, 2018
TCS will announce its Q3 results on January 11, while Infosys will declare its third quarter earnings on January 12
Sensex builds on gains, regains 34,000 mark in early trade
Fri, Jan 05, 2018
The 30-share index rose 100.48 points, or 0.29 per cent, to 34,070.12, with all sectoral indices led by PSU, consumer durables, auto and metal trading in the positive zone, rising by up to 0.57 per cent.
Sensex rebounds 123 points in opening trade on Asian cues
Thu, Jan 04, 2018
The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions.
Embattled IT sector set to press reset button in 2018
Sun, Dec 31, 2017
What doesn't kill you, makes you stronger. That's probably the prescription pill for the USD 150 billion IT industry that faced multiple headwinds in the form of increased visa scrutiny and slowdown in client spending this year.
TCS bags $2.25-billion contract, largest ever for Indian IT firms
Fri, Dec 22, 2017
Nielsen awarded a 10-year contract of $1.2 billion to Tata Consultancy Services in 2007 and this deal has renewed the association between two companies.
Marti Suzuki touches 10,000 mark for a brief period
Wed, Dec 20, 2017
At Rs 10,000, it was up 1.5% from its previous close with a market cap of Rs 3.01 trillion. The stock opened at 9,970 on the BSE and 9,966 on the NSE.
Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads
Fri, Dec 08, 2017
Country's top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study.
Wipro's Rs 11,000 cr share buyback to begin from Nov 29
Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
6 of top-10 most valued companies lose Rs 60,422 crore in market cap
Sun, Nov 12, 2017
While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.
Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18
Fri, Nov 03, 2017
This is the first time it has fallen to record low employment levels since the IT industry had put India on the global map for software services.
Reliance Industries market cap crosses Rs 6 lakh crore; first to achieve the feat
Wed, Nov 01, 2017
RIL commanded a market capitalisation (m-cap) of Rs 6,03,097.82 crore or about USD 93 billion when the stock market closed.
Share Buybacks: Everything you need to know as an investor
Tue, Aug 29, 2017
Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.
Online travel agents can deduct 1% tax collected at source: CBEC
Tue, Aug 08, 2017
Online travel agents fall in the category of e-commerce operators and can deduct 1 % tax collected at source (TCS) under the GST, the Central Board of Excise and Customs (CBEC) said on Tuesday.
10 Indian CEOs who took home salaries up to Rs 60 crore in FY17
Mon, Jul 24, 2017
Zeebiz collates and lists salaries of CEO's in India after a report revealed that higher management earned up to 1200 times more than other employees.
Tata Sons' appoint Subramanian as Group Chief Digital Officer
Fri, Jul 14, 2017
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 to N. Chandrasekaran, Executive Chairman of Tata Sons.
TCS says attrition is down, women employee count at all-time high
Thu, Jul 13, 2017
TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.
Tata Consultancy Services net profit drops by 6% to Rs 5,950 crore in Q1FY18
Thu, Jul 13, 2017
Tata Consultancy Services' net income in Q1FY18 stood at Rs 5,945 crore, a decline of 5.9% on year-on-year basis and 10% on quarter-on-quarter basis.
TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure
Thu, Jul 13, 2017
In Q1FY18, TCS will face brunt from wage hike, visa costs and strong INR appreciation. The company saw gradual improvement in earnings on yoy basis during FY17.