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 »RIL, Wipro, TCS, Grasim Industries, Tata Steel
Here is a list of the top ten stocks that may appear in the news on Thursday: Dependency industries: The company will invest up to $ 50 million in Breakthrough Energy Ventures IILP. The investment will be made in tranches over 8 to 10 years, with $ 50 million constituting …
Read More »Shapoorji Pallonji Group participates in all Tata companies, seeks division
The Shapoorji Pallonji Group (SP) has sought a prorated division of all Tata Sons assets based on its 18.4 percent stake in the holding company of the conglomerate Tata, the group said in its liquidation filings in Court Supreme The SP group has sought a direct stake in all of …
Read More »Why did Sensex drop more than 1000 points today? Brutal liquidation erases 6 days of earnings
Indian stocks fell sharply today, ending their longest winning streak in nearly six years as investors posted gains in IT companies and bank stocks. The NSE Nifty 50 Index closed 2.4% lower to 11,680.35, while the S&P BSE Sensex fell more than 1,050 points to 39,728, eliminating the last six …
Read More »After TCS, Infosys Announces Salary Increases As Industry Weighs Out Of Pandemic
It seems to be the season of salary increases in the IT sector of India. After Tata Consultancy Services (TCS), India’s second largest IT services company, Infosys has also decided to offer raises to its employees. The salary increase, along with promotions for some, would take effect from January 1, …
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 salary increase: TCS will grant salary increases starting in October | India Business News
BENGALURU: TCS will grant salary increases to all its employees from the beginning of this month and the amount is being worked on. IT companies had frozen promotions and promotions, which generally start in June, earlier this year due to the pandemic that had created uncertainty around demand. “The pay …
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 »Tata Consultancy Services Reports July-September Earnings and Announces Buyback
TCS reported Rs 40,135 crore in operating income in the quarter ended September 30 Tata Consultancy Services (TCS), the country’s largest software services company, announced on Wednesday a share buyback worth up to Rs 16 billion. The buyback comes at a time when TCS parent Tata Sons is locked in …
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