TCS joined 25 other international companies to launch a global reskilling initiative at the WEF that aims to provide training to 10 million people by 2020.
TCS fell by nearly 2 percent after the company said its net profit slipped 3.6 per cent in three months to December.
India's largest IT firm TCS said it has bagged an over USD 2-billion deal from Transamerica to transform the latter's US insurance and annuity business lines.
TCS posted a 3.6% decline in third-quarter profit, hurt by a dip in spending by banking and financial services clients.
Infosys said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Rohan Murty and LIC among others.
India's second largest IT company Infosys said its Rs 13,000-crore buyback offer will open on November 30 and end on December 14.
N Chandrasekaran conceded that the group's mobile business Tata Teleservices is in a "really bad shape" and take a "call" about business in this financial yr.
Infosys is yet again in the news for all the wrong reasons.
Shares of TCS fell by nearly 3% after the company reported a 5.9% decline in consolidated net profit for the April-June quarter.
Japanese Consumer electronics maker Panasonic announced setting up of a Centre of Excellence in collaboration with Tata Consultancy Services.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1