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TCS, Wipro set the tone as cash-rich cos announce Rs 27,558 cr of buybacks

TCS, Wipro set the tone as cash-rich cos announce Rs 27,558 cr of buybacks

🕔18:25, 23.Oct 2020

New Delhi, Oct 23 Buybacks are seeing a strong trend with cash-rich companies, led by IT giants TCS and Wipro, announce buybacks worth Rs 27,588 crore to reward shareholders by returning excess cash on the balance sheets. In the period, April

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TCS’ Q2 consolidated net profit logs 7% fall

TCS’ Q2 consolidated net profit logs 7% fall

🕔09:14, 8.Oct 2020

Mumbai, Oct 8  Tata Consultancy Services (TCS) on Wednesday reported a 7.05 per cent decline in its consolidated profit for the quarter ended September on a year-on-year (YoY) basis. The profit attributable to the shareholders of the company during the

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TCS Board approves Rs 16,000 cr share buyback

TCS Board approves Rs 16,000 cr share buyback

🕔09:12, 8.Oct 2020

Mumbai, Oct 8  The Board of Tata Consultancy Services (TCS) on Wednesday approved the proposal to buyback over 5.33 crore equity shares for up to Rs 16,000 crore. The buyback price would be Rs 3,000 per share, the company said

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TCS to consider share buyback on Oct 7

TCS to consider share buyback on Oct 7

🕔07:08, 5.Oct 2020

New Delhi, Oct 5  Tata Consultancy Services (TCS) will be considering a buyback of shares of the company at a board meeting to be held on October 7. TCS said in a filing that the meeting of the Board of

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Digital transformation top priority for 9 in 10 large firms: TCS

Digital transformation top priority for 9 in 10 large firms: TCS

🕔08:05, 30.Sep 2020

New Delhi, Sep 30  While 68 per cent of companies have seen revenue declines amid the pandemic, nine out of 10 large enterprises are either maintaining or increasing their digital transformation budgets amid the Covid-19 pandemic globally, a Tata Consultancy

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Foreign remittance above Rs 7L to attract 5% tax from Oct 1

Foreign remittance above Rs 7L to attract 5% tax from Oct 1

🕔14:13, 10.Sep 2020

New Delhi, Sep 10 Tax collection at source (TCS) on foreign remittances will only be applicable on the amount in excess of Rs 7 lakh in a financial year and not on the total amount. The TCS on foreign remittances kicks

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TCS Q3 net profit flat at Rs 8,118 crore

TCS Q3 net profit flat at Rs 8,118 crore

🕔06:34, 18.Jan 2020

Mumbai, Jan 18  Global software major Tata Consultancy Services (TCS) on Friday reported a consolidated net profit of Rs 8,118 crore for the third quarter of fiscal 2019-20, registering a mere 0.16 per cent annual growth from Rs 8,105 crore

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TCS Q2 net profit at Rs 8,042 cr up 2%

TCS Q2 net profit at Rs 8,042 cr up 2%

🕔11:02, 11.Oct 2019

Mumbai, Oct 11  India’s largest IT firm, TCS, on Thursday reported a 1.80 per cent year-on-year (YoY) increase in its consolidated profit at Rs 8,042 crore for the second quarter ending September. The company’s revenue in the period in consideration

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Infosys ranked 3rd in Forbes ‘best regarded’ companies list

Infosys ranked 3rd in Forbes ‘best regarded’ companies list

🕔09:08, 25.Sep 2019

New Delhi, Sep 25  Infosys, TCS and Tata Motors are among the 17 companies that have made it to the latest Forbes’ list of the World’s Best Regarded Companies. While Infosys has been ranked third in the list — just

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TCS listed among top 50 US companies for diversity

TCS listed among top 50 US companies for diversity

🕔08:21, 29.May 2019

New York, May 29  Tata Consultancy Services (TCS), a part of the Tata group which generated consolidated revenues of $20.9 billion in the fiscal year ended March 31, 2019, has been recognized in DiversityInc’s “2019 Top 50 Companies for Diversity”

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TCS, Infosys increase hiring by 350% in FY19

TCS, Infosys increase hiring by 350% in FY19

🕔20:38, 23.Apr 2019

Bengaluru, April 23 (IANS) Amid a slowdown in job growth across sectors, IT services major Tata Consultancy Services (TCS) and Infosys hired about 42,000 more techies in the recently concluded fiscal 2018-19 than it did in the previous fiscal, registering a

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India Post partners TCS to modernize its services

India Post partners TCS to modernize its services

🕔13:57, 22.Apr 2019

New Delhi, April 22  India Post has partnered with IT services firm Tata Consultancy Services (TCS) to become a multi-service digital hub, modernize the delivery of mail and packages, enhance customer experience and launch innovative services. TCS on Monday said

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TCS buys US-based consulting firm BridgePoint

TCS buys US-based consulting firm BridgePoint

🕔19:21, 28.Nov 2018

Mumbai, Nov 28 (IANS) Indian IT bellwether Tata Consultancy Services (TCS) on Wednesday said it had acquired the US-based management consulting firm BridgePoint Group for an unspecified amount to have expertise in the US financial services industry and retirement services. “The

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TCS net up 23.5%, revenue up 15.8% in Q1

TCS net up 23.5%, revenue up 15.8% in Q1

🕔12:23, 11.Jul 2018

Mumbai, July 11  Global software major Tata Consultancy Services (TCS) on Tuesday reported Rs 7,340 crore consolidated net profit for the first quarter of 2018-19, registering 23.5 per cent annual and 6.3 per cent sequential growth. In a regulatory filing

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TCS looks at hiring on demand basis

TCS looks at hiring on demand basis

🕔19:00, 6.Jun 2018

Kolkata, June 6  IT major Tata Consultancy Services (TCS), which had given 20,000 job offers in India int his fiscal will hire people on campus on demand basis, an official said on Wednesday. “Everybody is becoming more and more concious

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TCS adds 200 new employees in US’ Arkansas

TCS adds 200 new employees in US’ Arkansas

🕔12:15, 16.May 2018

Mumbai/Little Rock (United States), May 16  Tata Consultancy Services (TCS) on Tuesday said it has added more than 200 new employees in the US state of Arkansas, as part of its deal with insurer Transamerica. The IT giant will occupy

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TCS adds third office in Texas

TCS adds third office in Texas

🕔10:21, 27.Apr 2018

Mumbai, April 27  IT bellwether Tata Consultancy Services (TCS) on Thursday said it has added a third office in Texas as part of its agreement with US insurance company Transamerica, which will add more than 200 new employees. The IT

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TCS first Indian company to achieve $100 billion m-cap

TCS first Indian company to achieve $100 billion m-cap

🕔12:45, 23.Apr 2018

Mumbai, April 23  IT bellwether Tata Consultancy Services (TCS) on Monday emerged as the first Indian listed company to cross the $100-billion mark in terms of market capitalisation (m-cap). Around 11 a.m., the m-cap of the company stood at Rs

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TCS net up 4.6% in Q4, slips 1.8% for 2017-18

TCS net up 4.6% in Q4, slips 1.8% for 2017-18

🕔10:37, 20.Apr 2018

Mumbai, April 20  Tata Consultancy Services (TCS) on Thursday reported that its consolidated net profit for the fourth quarter (Q4) increased 4.6 per cent annually but declined 1.8 per cent yearly for fiscal 2017-18 in rupee terms. In a regulatory

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TCS ranked among top three employers in US

TCS ranked among top three employers in US

🕔10:04, 13.Feb 2018

Mumbai, Feb 13  Global software major Tata Consultancy Services (TCS) on Monday said it has been ranked among the top three employers in the US by the Netherlands-based Top Employers Institute. “The Institute has also recognised TCS as one of

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