New Delhi: Shares of India’s biggest IT company Tata Consultancy Services Ltd (TCS) traded higher on Friday ahead of the company’s decision on share buyback proposal. TCS in a filing with the BSE on Tuesday had informed that its board will consider a proposal for buyback of equity shares at a meeting on Friday. Domestic brokerage Motilal Oswal Securities, which has a neutral rating on TCS shares, anticipates a buyback in the range of Rs20,000 crore.

Housing finance major HDFC has been ranked as the 5th biggest public company globally in the 'consumer financial services category' on a list compiled by Forbes magazine.

American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list.

Continuing with its large deal winning streak, Tata Consultancy Services (TCS), India’s largest IT services company on Tuesday said that its contract with M&G Prudential, the UK and European savings and investments business of Prudential plc, has been expanded to make it a $1.2 billion deal.

The 10-year partnership, which was first announced in January this year, aimed at digitally transforming M&G Prudential’s business and delivering an enhanced service for its UK savings and retirement customers. The contract size at that time as pegged at $690 million.

Tata Consultancy Services (TCS) has given 20,000 job offers to fresh graduates and another 4,000 to non-freshers this year, a top executive said on Wednesday, even as hiring of engineers by the information technology (IT) industry is expected to decline in the coming years. Around 70 per cent of those offered jobs are expected to join the company — a trend seen in the previous years too.

London: Tata Consultancy Services, a leading global IT services, consulting and business solutions organisation, has been named number one for customer satisfaction in the UK by the Whitelane Study - one of the country's largest independent report of IT service providers.

NEW DELHI: On Thursday, shares of Tata Consultancy Services (TCS) turned ex-bonus. With this, the company's stock price will halve today.

A share is called as “ex-bonus” when a buyer does not get the right to receive the current bonus.

Mumbai: Shares of Tata Consultancy Services on Friday attained a milestone when its market valuation briefly crossed the Rs 7-lakh crore mark. The country's largest IT services company becomes the first listed firm to achieve this level.

During intra-day trades, the market valuation of TCS rose to Rs 7,03,309 crore. This came after its share hit a new 52-week high of Rs 3,674.

Tata Consultancy Services (TCS) , the country's biggest software services exporter, saw its market capitalisation (market-cap) cross Rs 7-trillion mark, adter the stock price of the company hit a new high of Rs 3,668 on the BSE in early morning trade.

At 09:19 am; TCS was trading 1.7% higher at Rs 3,666 have market-cap of Rs 7.91-trillion, the BSE data shows.

Tata Consultancy Services (TCS) CEO and MD Rajesh Gopinathan's remuneration in FY18 was 212 times compared to the median remuneration of TCS employees in the financial year. Among the executive and non-executive directors of the company, as disclosed in the annual report, COO N Ganapathy Subramanium came second highest at almost 180 times that of the median employee earning.

Mumbai: Rajesh Gopinathan, the CEO of Tata Consultancy Services (TCS), saw his remuneration rise to Rs 12.49 crore in 2017-18.

While Gopinathan received a total pay of Rs 6.22 crore in 2016-17, the numbers are not comparable as he assumed charge as the managing director and CEO of the country's largest IT services firm in February 2017.

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