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TATA Consultancy Services ( TCS ) Related news

Tata Consultancy Services to invest Rs 690 cr in Innovation Park in Kochi

Tata Consultancy Services to invest Rs 690 cr in Innovation Park in Kochi

In a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi.

The state government has allotted 36.84 acres of land to TCS Ltd for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi.

TCS, NXP Semiconductors announce tie up for digital transformation

TCS, NXP Semiconductors announce tie up for digital transformation

India’s Tata Consultancy Services will help Dutch semiconductor manufacturer NXP in improving user experience and accelerate its digital transformation, said the two companies on Monday.

NXP Semiconductor works in automotive, industrial and Internet of Things, mobile, and communication infrastructure markets. It selected TCS as its strategic partner to drive its integrated IT services strategy across applications, IT infrastructure and workplace services spanning enterprise, manufacturing and engineering functions.

TCS to hire over 40,000 freshers from Indian campuses in FY22

TCS to hire over 40,000 freshers from Indian campuses in FY22

Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday.

The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters here.

IT shares in demand; Infosys, LTTS, Sonata Software hit record highs

IT shares in demand; Infosys, LTTS, Sonata Software hit record highs

Shares of information technology (IT) companies, on Tuesday, were in focus at the bourses, with six stocks, Infosys, Mindtree, L&T Technology Services (LTTS), Sonata Software, Coforge and Intellect Design Arena from the S&P BSE IT index hitting their respective record highs in intra-day trade on expectation of strong earnings.

At 10:04 am, the S&P BSE IT index, the top gainer among sectoral indices, was up 1.5 per cent, as compared to 0.35 per cent rise in the S&P BSE Sensex.

Tata Consultancy expands strategic partnership with Vodafone Netherlands

Tata Consultancy expands strategic partnership with Vodafone Netherlands

Tata Consultancy Services (TCS) has expanded its strategic partnership with VodafoneZiggo B.V. Netherlands to help the latter speed up its fixed fiber network roll out, enabling superior connectivity for subscribers and faster launch of new services. The financial details of the deals were not disclosed.

As part of the partnership, TCS will deploy AI and machine learning technology as well as TCS TwinX, its digital twin solution for enterprises.

IT shares in focus; TCS, Tata Elxsi scale fresh record highs

IT shares in focus; TCS, Tata Elxsi scale fresh record highs

Shares of information technology (IT) companies were in focus at the bourses on Wednesday with both Tata Group stocks - Tata Consultancy Services (TCS) and Tata Elxsi – hitting their respective new highs on the National Stock Exchange (NSE).

At 10:20 am, the Nifty IT index -- the top gainer among sectoral indices -- was up 2.4 per cent, as compared to 0.37 per cent rise in the Nifty50 index.

IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

Shares of information technology (IT) companies continued their northward journey at the bourses, with the Nifty IT and the S&P BSE IT indices hitting their respective fresh record highs on Wednesday amid hopes of more large deal wins, which would further help accelerate the sector's growth momentum.

Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro (L&T) Infotech and MphasiS from the Nifty IT index hit their respective fresh record highs. Birlasoft and Persistent Systems from the non-index stocks, too, hit new highs today.

TCS surges 5%, hits new high on healthy Q2 results, Rs 16,000 crore buyback

TCS surges 5%, hits new high on healthy Q2 results, Rs 16,000 crore buyback

Shares of Tata Consultancy Services (TCS) hit a fresh record high of Rs 2,875, up 5 per cent on the BSE in early morning deal on Thursday, after the company reported a healthy set of July-September quarter (Q2FY21) numbers that were above analysts' estimates.

The TCS board has also approved a buyback of Rs 16,000 crore to buy back 53.3 million shares at Rs 3,000 per share.

TCS beats estimates on faster demand recovery, announces Rs 16K-cr buyback

TCS beats estimates on faster demand recovery, announces Rs 16K-cr buyback

Tata Consultancy Services (TCS), the country’s largest IT services company, on Wednesday beat street expectations in its second-quarter (Q2) financials, led by a rebound in growth in key verticals and geographies.

The company’s consolidated revenues in Q2 rose 3 per cent on a year-on-year (y-o-y) basis at Rs 40,135 crore while they were higher 4.7 per cent quarter-on-quarter (q-o-q).

Tata Consultancy Services to consider share buyback on Wednesday

Tata Consultancy Services to consider share buyback on Wednesday

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 Directors of the company is scheduled on October 7 and the Board of Directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on October 7, 2020.

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