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TCS

TCS inks pact with McDonald's Philippines to digitise operations for its 760+ outlets

TCS inks pact with McDonald's Philippines to digitise operations for its 760+ outlets

Wed, Sep 18, 2024

McDonald's is one of the biggest food service retailers in the world, operating over 42,000 stores in more than 100 countries. A majority (95 per cent) of McDonald's restaurants worldwide are owned and operated by independent local business owners.

Stock of the Day: Today Anil Singhvi gave buying advice in Tata Steel, TCS & KIMS

Stock of the Day: Today Anil Singhvi gave buying advice in Tata Steel, TCS & KIMS

Fri, Sep 13, 2024

Stock of the Day: Today Anil Singhvi gave buying advice in Tata Steel, TCS & KIMS. What are stoploss and targets? See in this video.

TCS, Infosys, SBI, ICICI Bank lose Rs 95,864 crore in mcap in a week

TCS, Infosys, SBI, ICICI Bank lose Rs 95,864 crore in mcap in a week

Sun, Sep 08, 2024

The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore.

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Removal from Tata Teleservices not surprising, Mistry says

Removal from Tata Teleservices not surprising, Mistry says

Thu, Dec 15, 2016

After being ousted from the third Tata Group company, Cyrus Mistry, former chairman of Tata Sons on Wednesday said that his removal was anticipated.

Over 70% non-promoters voted against my removal or abstained: Mistry

Over 70% non-promoters voted against my removal or abstained: Mistry

Wed, Dec 14, 2016

Cyrus Mistry, former chairman at Tata Sons, who was also ousted from Tata Consultancy Services (TCS) responded to his ‘vote out’ with a thank you letter to the shareholders.

Tata Sons issues appeal to its stakeholders

Tata Sons issues appeal to its stakeholders

Sun, Dec 11, 2016

Tata Sons on Sunday issued an appeal to all stakeholders of Tata companies thanking them for their continued support in the management's decision to remove Cyrus P Mistry from Tata Group company's board.

Nine of top 10 firms add Rs 56,112 crore in m-cap; ONGC, Reliance Industries shine

Nine of top 10 firms add Rs 56,112 crore in m-cap; ONGC, Reliance Industries shine

Sun, Dec 11, 2016

The combined market valuation of nine of the top 10 most valued companies surged by Rs 56,112 crore last week, as the benchmark indices recorded their best gains since September 2, with ONGC and Reliance Industries Ltd (RIL) emerging as the biggest gainers.

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Mon, Nov 28, 2016

Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.

Now, Tata Steel shows Cyrus Mistry the exit door

Now, Tata Steel shows Cyrus Mistry the exit door

Fri, Nov 25, 2016

Yet another Tata Sons company has replaced Cyrus Mistry as Chairman. Tata Sons also seeks to remove him from Indian Hotels.

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

Former TCS chairman Kohli denies Mistry's IBM claims

Former TCS chairman Kohli denies Mistry's IBM claims

Wed, Nov 23, 2016

He said, "I was actively involved in the decision to bring IBM to India. A JV for hardware manufacturing and support in India, Tata IBM, was set up in 1991-92. This JV was undertaken to promote a computer hardware industry in India which was non-existent at that time."

Mistry counters Tata’s accusations on material contributions to TCS, JLR

Mistry counters Tata’s accusations on material contributions to TCS, JLR

Tue, Nov 22, 2016

In the on-going spat of Mistry vs Tatas, the ousted chairman has hit back with a five page response on Tuesday to Tata Sons’ remarks on how Mistry made no material contributions to the success of Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR).

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

Mon, Nov 21, 2016

TCS and Indian Hotels calls for EGM to oust Cyrus Mistry as chairman of the Tata Sons companies.

TCS says Cyrus Mistry's removal in best interest of co

TCS says Cyrus Mistry's removal in best interest of co

Mon, Nov 21, 2016

It further said, "Mistry’s conduct has caused enormous harm to the Tata group, TCS and its stakeholders, including employees and shareholders. Following it, TCS are in agreement with removal of Mistry as Director of the company as the same would be in the best interests of TCS."

Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

Fri, Nov 18, 2016

In a boardroom coup last month Mistry was removed as chairman of Tata Sons and patriach Ratan Tata is back at the helm temporarily. Days later he was sacked as chairman of TCS in which Tata Sons holds more than 73 percent stake.

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Sun, Nov 13, 2016

"TCS is under the Tata umbrella but has always been operationally independent...The financials of TCS speak for themselves. The company is sitting on a cash pile and has clear business visibility. Chandra enjoys all the executionary powers and we have not seen decisions of TCS being influenced by the Board," Arup Roy, research director, Gartner said.

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Fri, Nov 11, 2016

Tata Sons, holding firm of India`s $100-billion salt-to-software Tata conglomerate, launched a broadside on Thursday against its ousted chairman Cyrus Mistry, criticising his performance and removing him as head of the group`s flagship business.

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Thu, Nov 10, 2016

India`s biggest software services exporter, Tata Consultancy Services (TCS), said it received a letter from majority owner Tata Sons nominating Ishaat Hussain as the interim chairman of the company in place of Cyrus Mistry.

Tata Tele up 3% as Group shares tumble over Mistry's ouster

Tata Tele up 3% as Group shares tumble over Mistry's ouster

Tue, Oct 25, 2016

Shares of Tata Group companies opened weak on Tuesday. However, Tata Teleservices was the only major company of Tata Sons that was trading up by over 3%.

ITC, 8 others take hit of Rs 57,065 crore in market valuation

ITC, 8 others take hit of Rs 57,065 crore in market valuation

Sun, Oct 02, 2016

Combined market valuation (m-cap) of 9 of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore last week, with ITC taking the sharpest hit.

Exits for Tata Group usually the last resort, says Cyrus Mistry

Exits for Tata Group usually the last resort, says Cyrus Mistry

Sun, Oct 02, 2016

Tata Group chairman Cyrus Mistry has said he is "not embarrassed" to admit that exits for the group, which has exited over 40 businesses in 20 years, are usually the last resort and the conglomerate does not take decisions about exiting through a "short-term financial lens".

Sensex closes 35 points higher; Nifty holds 8,800-mark

Sensex closes 35 points higher; Nifty holds 8,800-mark

Mon, Sep 19, 2016

Indian shares ended higher on Monday, posting their fourth straight session of gains, as investors awaited key central bank meetings in the United States (US) and Japan this week for clues on global monetary policies.

Watch top 5 market stories of the day; From Nifty closing above 8,500-mark to markets likely to focus on TCS, Infosys results

Watch top 5 market stories of the day; From Nifty closing above 8,500-mark to markets likely to focus on TCS, Infosys results

Thu, Jul 14, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five market stories of the day: 1. Nifty closes at 11-month high

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