Tata Consultancy Services

  • TCS net profit rises 51.5 per cent, beats estimates 16-04-2014 05:38 PM

    Mumbai: Tata Consultancy Services Ltd, India's largest IT services exporter, posted a 51.5 per cent rise in quarterly net profit, beating expectations, as it won more contracts in Europe and some emerging markets. Net profit for the fourth quarter ended March 31 rose to Rs 5,297 crore ($879 million) from...
  • LS polls: TCS ties up with Twitter India for election app 14-04-2014 08:48 PM

    New Delhi: The country's largest software services firm Tata Consultancy Services has tied up with social media giant Twitter to launch an app, iElect, to help users gain social insights into the ongoing Lok Sabha polls. "The TCS iElect app is a completely new way to observe, analyse and participate...
  • Feel insecure in Mumbai: Hyderabad techie's uncle 03-03-2014 03:55 PM

    23-year-old Esther Anuhya was found murdered on the outskirts of Mumbai over a week after she went missing in the city in January this year. Her uncle spoke of the trauma the family went through in the days after. ...
  • TCS employee murder case: Tamil Nadu Police arrests one more accused 26-02-2014 10:45 AM

    Chennai: The Tamil Nadu Police on Wednesday made the third arrest in the gruesome murder of a 24-year-old woman employee of Tata Consultancy Services (TCS). The accused was arrested from West Bengal and is being brought back to Chennai by train. The arrest came just a day after two migrant...
  • TCS employee murder case: Two arrested, hunt on for accomplices 26-02-2014 09:07 AM

    Two weeks after a 24-year-old TCS employee was found dead, the Tamil Nadu Crime Branch has arrested two people saying that they have confessed to sexual assault and robbery. The hunt is on for their accomplices. Watch the video for more. ...
  • TCS, ITC biggest wealth creators during 2008-2013: Study 14-12-2013 12:46 PM

    Software major Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years, while Reliance Industries and RCom top the list of companies where investors lost the most in terms of market capitalisation, says a study. A wealth creation study conducted by financial services company...
  • TCS market value crosses Rs 4 trillion; stock at all-time high 07-10-2013 06:31 PM

    Mumbai: Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore after a gap of over a month led by a smart rally in its stock price. At present, TCS is the only company with a market value of over Rs 4 lakh crore....
  • ONGC to intensify exploration in Tripura 14-08-2013 06:00 PM

    Oil and Natural Gas Corporation's Tripura unit would intensify exploration for supplying natural gas to Rs 5000-crore Chambal Fertilisers and Chemicals Ltd in the state. "A team of Tata Consultancy Services is now preparing the feasibility report to be submitted in December this year. We are also intensifying exploration to...
  • TCS foray to open up new avenues for eco development: Shivraj Singh Chouhan 10-08-2013 10:14 PM

    Tata Consultancy Services is setting up a software development campus in Indorewith an investment of Rs 500 crore in two phases, which state Chief Minister Shivraj Singh Chouhan said will help Madhya Pradesh emerge as a new sought-after location for IT companies. "We will make Madhya Pradesh a new destination...
  • TCS gains over 5 per cent after earnings beat estimates 19-07-2013 01:20 PM

    Mumbai: Shares in Tata Consultancy Services, India's largest software services exporter, rose as much as 5.75 per cent on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook. TCS said consolidated net profit for the quarter ended June 30 rose to Rs 3831 crore...
  • TCS consolidated net jumps 15.5 pc to Rs 3,831 cr in Q1 18-07-2013 06:58 PM

    Mumbai: The country's largest software exporter Tata Consultancy Services on Thursday reported consolidated net profit of Rs 3,831 crore for the June quarter, up 15.5 per cent from Rs 3,318 crore in the same period in 2012. The company's total revenue, under Indian IFRS accounting standards, rose 21 per cent...
  • TCS CEO N Chandrasekaran gets 50 pc salary hike 06-06-2013 10:09 AM

    New Delhi: Leading software services exporter Tata Consultancy Services (TCS) has raised the salary of its CEO and Managing Director N Chandrasekaran by 50 per cent to Rs 15 lakh per month effective from April 2014. The hike in salary package of TCS' top executive is however subject to approval...
  • TCS bags deal worth over 350-mn-pound from UK's Network Rail 05-06-2013 03:59 PM

    Mumbai: Country's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it has bagged a four-year deal from UK's Network Rail Infrastructure Ltd. The IT Solutions and System Integration Framework agreement encompasses identifying, defining, designing, building and integration of next generation IT solutions for Network Rail, TCS said...
  • TCS seen outpacing sector after profit spurt 18-04-2013 09:42 AM

    Mumbai: Tata Consultancy Services (TCS), India's top software services provider, lifted quarterly profit by more than a fifth and painted a more bullish picture for future revenue growth than key rival Infosys. TCS said it expects revenue in the current fiscal year to increase more than the 12-14 per cent...
  • TCS shares fall 2 per cent ahead of Q4 results 17-04-2013 04:55 PM

    Mumbai: Shares of IT major Tata Consultancy Services (TCS) on Wednesday fell by nearly 2 per cent ahead of its quarterly results, to be announced later in the day. After falling 3.55 per cent during the day, shares of TCS finally ended at Rs 1,459.20, down 1.73 per cent from...
  • TCS rises on purchase of French IT provider Alti 09-04-2013 02:55 PM

    Mumbai: Shares in Tata Consultancy Services rose as much as 2.2 per cent on Tuesday after the company announced it will buy privately-held Alti SA of France for 75 million euros. The acquisition signals Indian software service exporters' interest in diversifying its revenue base, and the acquisition could potentially help...
  • TCS shares gain as Morgan Stanley upgrades its rating 19-12-2012 01:43 PM

    New Delhi: Shares in Tata Consultancy Services gain 1.9 Per cent after Morgan Stanley upgraded the stock to 'overweight' from 'equal-weight' and raised its target price on the stock to Rs 1,415 from Rs 1,225. Morgan Stanley says, IT spending could be stable in 2013 and that it does not...
  • India has highest share of Asia family biz 06-11-2011 10:57 PM

    Mumbai: India has the highest per centage share of family businesses in Asia, accounting for 67 per cent of total listed companies with market capitalisation of more than $ 50 million, Credit Suisse said in a research report on Thursday. The report said 663 out of 983 listed Indian firms...
  • Infosys says seeks acquisitions up to $ 700 mn 27-10-2011 11:25 AM

    Shanghai: Infosys Ltd, India's No 2 software services exporter, is looking for acquisitions worth up to $ 700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday. Infosys has been on the hunt for acquisitions in the healthcare and life science sectors and is looking at firms that have platforms...
  • TCS chief to get nearly 70 per cent pay hike 02-06-2011 07:54 PM

    Mumbai: Country's largest software Tata Consultancy Services (TCS) has hiked the pay package of its chief N Chandrasekaran, raising his monthly salary limit nearly 70 per cent to Rs 10 lakh. The steep pay hike comes against the backdrop of the company's good performance in recent quarters, even as many...
  • UK concerned over visas to Indian IT experts 17-05-2011 10:36 AM

    London: The Public Accounts Committee of the House of Commons on Tuesday expressed concern over immigration officials' alleged "lack of control" over Indian and other non-European Union workers entering Britain through the Inter-Company Transfer (ICT) route. Many Indian IT companies use this route to transfer staff to offices in Britain....
  • TCS FY11 net up 29.5 pc, Q4 net up 31.1 pc 21-04-2011 03:07 PM

    Mumbai: Country's largest software company Tata Consultancy Services (TCS) on Thursday said its net profit for the fourth quarter ended March 31, 2011 rose by 31.1 per cent to Rs 2,623 crore. It posted an increase of 31.3 per cent in quarterly revenues at Rs 10,157 crore, TCS said in...
  • Global financial crisis benefited India: TCS 12-04-2011 06:21 PM

    Thanjavur: The global financial crisis had worked to the advantage of India due to its slow and steady development and in the near future for every 10 persons who take up jobs globally, six would be Indians, IT major Tata Consultancy Services Limited on Tuesday said. The Indian economy had...
  • TCS Q3 net profit up 30 pc at Rs 2,370 cr 17-01-2011 06:33 PM

    Mumbai: Country's largest software firm Tata Consultancy Services (TCS) on Monday posted 29.93 per cent jump in consolidated net profit at Rs 2,369.83 crore for the third quarter ended December 31, 2010. The company has announced 200 per cent dividend. It has declared the third interim dividend of Rs 2...
  • Tata group names panel to select new successor 06-08-2010 08:19 PM

    Mumbai: The Tata group, India's oldest and best-known conglomerate, on Friday named a five member panel to search for a successor to chairman Ratan Tata, who will retire by the end of 2012. The panel includes N A Soonawala, Cyrus Mistry and R K Krishnakumar, who are directors at group...