tata consultancy services

 

TCS joins global reskilling initiative to train 10 mn people

Jan 26 2018

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 shares fall nearly 2 percent after third quarter results

Jan 12 2018

TCS fell by nearly 2 percent after the company said its net profit slipped 3.6 per cent in three months to December.

TCS bags over $2 bn deal from US insurance group Transamerica

Jan 12 2018

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.

Tata Consultancy Services posts dip in third-quarter profit

Jan 11 2018

TCS posted a 3.6% decline in third-quarter profit, hurt by a dip in spending by banking and financial services clients.

IT services major Infosys completes Rs 13,000 cr buyback

Dec 23 2017

Infosys said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Rohan Murty and LIC among others.

Infosys Rs 13,000 crore buyback to open on November 30

Nov 17 2017

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.

Will take tough call on Tata Tele this fiscal: Chandrasekaran

Oct 09 2017

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 saga indicative of industry-wide melancholy

Aug 26 2017

Infosys is yet again in the news for all the wrong reasons.

TCS shares move down 3%, post first-quarter earnings

Jul 14 2017

Shares of TCS fell by nearly 3% after the company reported a 5.9% decline in consolidated net profit for the April-June quarter.

Panasonic sets up Centre of Excellence in B'luru

May 18 2017

Japanese Consumer electronics maker Panasonic announced setting up of a Centre of Excellence in collaboration with Tata Consultancy Services.

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Stocks In News

 

ULTRATECH CEMENT

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

IRB INFRA

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

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

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

FORTIS HEALTHCARE

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

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