According to one analyst, the short-term trend of the Nifty 50 index continues within the range with positive bias and a similar type of movement is expected in the next session. Nifty futures were trading 27.50 points up at 13,771.50 or the Singapore Stock Exchange, suggesting a positive open for …
Read More »Actions in focus: RIL, Bharti Airtel, Vodafone Idea, TCS, Kotak Mahindra Bank, Burger King, NMDC
Investors would react to inflation data from India on Tuesday and follow the US Fed’s policy meeting due Thursday. Nifty futures were trading 60 points lower at 13,531 on the Singapore Stock Exchange, suggesting a negative open for BSE Sensex and Nifty 50 on Tuesday. Asian stock markets were also …
Read More »Sensex tanks 997 pts from the day high, 44K infractions; Nifty ends at 12,859
The volatility index, India VIX, jumped 10 percent to 23.1. After climbing new all-time highs in morning trading, the domestic stock market fell about 1.5 percent on Wednesday as investors posted gains across the board. The volatility index, India VIX, jumped 10 percent to 23.1. Among the major indices, the …
Read More »TCS overtakes Accenture to become the world’s most valuable IT services company
At the latest closing price of Rs 2,825, TCS was valued at $ 144.73 billion (Rs 10.6 trillion), while Accenture is currently at $ 142.4 billion. TopicsTCS | Accenture | IT services Samie Modak | Mumbai Last Updated on October 8, 2020 5:56 PM IST The Tata group’s flagship firm, …
Read More »TCS expects a sustainable demand recovery
Tata Consultancy Services Ltd (TCS) said it expects the demand for software services to continue to increase as customers adopt digital technologies at a rapid pace to ensure business continuity, indicating that growth is being helped rather than prevented by the coronavirus pandemic. On Wednesday, India’s largest software services company …
Read More »TCS will implement salary increases for all employees, starting October 1
After a hiatus, industry leader Tata Consultancy Services (TCS) has decided to go ahead with raising pay for all of its employees. The salary increase will be effective from October 1 and the amount of the increase is being calculated, the company said. Shortly after the outbreak of the Covid-19 …
Read More »TCS Market Cap: TCS m-cap Exceeds Rs 10-lakh-crore Mark; second Indian company to do so | India Business News
NEW DELHI: Tata consulting services (TCS) became the second Indian company after Reliance Industries to achieve a market valuation of more than Rs 10 lakh crore on Monday helped by a rally in its share price. In morning trading, the stock was up more than 6 percent ahead of its …
Read More »Tata Group seeks potential investors for a new digital platform: Report
India’s Tata Group is in talks with potential investors about the possibility of participating in a new digital platform, said people familiar with the matter, who are looking to modernize their consumer businesses as retail giants like Amazon.com Inc. and billionaire Mukesh Ambani join the incipient e-commercial market. Tata Sons …
Read More »Sensex, Nifty slide for fifth session like Airtel, TCS drag
Indian stocks fell for the fifth straight session on Wednesday as mounting coronavirus cases fueled investor concerns, with Bharti Airtel posting losses after rival Jio stepped up competition with new postpaid plans, while Tata Consultancy Services fell more than 2%. The broader NSE Nifty 50 Index fell 0.2% to 11,131.85 …
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