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Tcs
Business  /  Published 27.11.20

Father of Indian IT no more

Faqir Chand C Kohli, considered as the father of Indian IT industry, passed away on Thursday. Kohli, the founding chief executive of sector leader TCS, was 96. In a statement, TCS said it mourns the...
By Our Bureau in Mumbai

Business  /  Published 11.11.20

TCS to buy Deutsche Bank arm

Tata Consultancy Services (TCS) is acquiring Deutsche Bank AG’s technology service business in a move that will strengthen its position in the German market. Financial details of the transaction...
By Our Special Correspondent in Mumbai

Business  /  Published 08.10.20

TCS: 6.7% rise in QoQ profits

At its board meeting on Wednesday, the directors approved a proposal to buy back up to 5,33,33,333 equity shares (1.42 per cent of its total paid up equity share capital) at Rs 3,000 per share for an ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.10.20

TCS to open share buyback soon

The board of Tata Consultancy Services (TCS) will consider a share buyback proposal on Wednesday. The announcement led to its shares rallying by more than 7 per cent with its market cap breaching the...
By Our Special Correspondent in Mumbai

Business  /  Published 06.10.20

IT to lift results gloom

The IT sector is expected to be one of the few shining stars as corporate India heads for another results season. Buoyed by an uptick in spending as work from home continues to remain the norm, techno...
By Our Special Correspondent in Mumbai

Business  /  Published 24.09.20

Mistry: now Tatas mull options

But Tata Sons has some options that they can still explore. The first would be to rope in a strategic investor whose vision is in sync with their own. It can also sell a part of the stake in Tata Cons...
By Our Special Correspondent in Mumbai

Business  /  Published 22.08.20

TCS wins respite in US case

Tata Consultancy Services on Friday said a US Court of Appeals has held that the punitive damages award of $280 million (around Rs 2,098 crore) on the Indian IT major in an intellectual property right...
By PTI in New Delhi

Business  /  Published 10.07.20

TCS net dips 14% in Covid-hit first quarter

Tata Consultancy Services (TCS) on Thursday reported a sharp 13.8 per cent fall in net profit in the Covid-ravaged first quarter of the current fiscal (April-June) which was way off analyst estimates ...
By Our Special Correspondent in Mumbai

Business  /  Published 09.07.20

Lockdown: India Inc. to face poor Q1

IT giant Tata Consultancy Services (TCS) will kick off the results season on Thursday with the street expecting another poor quarter from corporate India because  of the lockdown.  Analysts...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.20

HDFC Bank loan uptick fires stocks

Benchmark indices jumped to near four-month highs on Monday buoyed by HDFC Bank reporting strong growth in loans in the first quarter of the fiscal which rekindled hopes of a quick economic recovery. ...
By Our Special Correspondent in Mumbai


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