Tata Consultancy Services
TCS profits drop as currency volatility, wage hikes bite
14 Jul 2017
TCS attributed this to the rupee appreciation against the dollar that dented the company’s bottomline by Rs650 crore and the wage hike for its 3.85 lakh employees that cost another Rs650 crore
AI to have dramatic impact on business by 2020: TCS study
15 Mar 2017
By 2020, almost a third of the TCS survey participants believe AI’s greatest impact will be in sales, marketing or customer service, while a fifth expect it to sweep across non-customer facing corporate functions, including finance, strategic planning, corporate development, and HR
TCS to buy back shares worth Rs16,000 crore
20 Feb 2017
The share buyback, when completed, will be India's biggest, surpassing Reliance Industries' 2012 share repurchase of Rs10,400 crore
TCS follows Cognizant, board set to okay share buyback
17 Feb 2017
While details of the TCS buyback proposal will be known on Monday, the assumption is that it would buy back shares up to 10 per cent of its net worth or about Rs8,400 crore from its cash kitty of over Rs38,000 crore
TCS Q3 net up 10.9% at Rs6,778 cr buoyed by digital revenues
12 Jan 2017
TCS' margins remained stable at 26 per cent while revenue grew 2 per cent on constant currency basis and volumes recorded 1 per cent rise quarter on quarter despite the third quarter weakness
Cyrus Mistry voted out as TCS director with support from 93% shareholders
14 Dec 2016
93 per cent shareholders of TCS voted to oust former chairman Cyrus Mistry as a director,
Ishaat Hussain to replace Cyrus Mistry as chairman of TCS
10 Nov 2016
Tata Sons called a special shareholders meeting to seek approval for removing Mistry from chairmanship of its hospitality firm Indian Hotels Ltd where Tata Sons holds 28.01 per cent
TCS ranked 58th most valuable US brand
10 Aug 2016
The Brand Finance annual survey, which evaluates the financial value of 'Top 500 US Brands', places TCS among four global IT services companies ranked among Top 100
Outsourcing deals push TCS Q1 net
15 Jul 2016
TCS Q4 net vaults 64% to Rs6,341 cr; annual revenues top Rs1,00,000 cr
18 Apr 2016
TCS is facing new challenges in the US, its biggest market, amid tighter visa rules and a near $1-billion fine in an intellectual-property infringement case that could wipe out the entire profit for the fourth quarter
TCS to challenge $940 mn US fine in IP case
18 Apr 2016
TCS techies develop Tata Nano into India’s first driver-less car
16 Mar 2016
Dr Roshy John, who is practice head, robotics and cognitive systems at TCS, and his 29-member team have developed India’s first driver-less car based on the Tata Nano platform, and are awaiting permission for road tests
TCS named world’s most powerful brand in IT
04 Feb 2016
India's top information technology company Tata Consultancy Services has been rated as the world's most powerful brand in IT services by a leading global brand valuation firm, Brand Finance
TCS net up 14.8% in 3Q
13 Jan 2016
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation