Latest Updates Around The World
Indian IT vendor Tata Consultancy Services (TCS) on Monday reported a 14% year-on-year (year-on-year) decline in consolidated net profit for the December quarter to Rs 10,657 crore, compared to Rs 12,380 crore in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the company.Revenue from operations in the third quarter […]
IT services firm Tata Consultancy Services (TCS) is expected to report steady but moderate growth in the December quarter, with an average of five brokers posting revenue growth of around 5% year-on-year and profit growth of around 6%, due to cautious customer spending and margin headwinds. Based on the estimates, third quarter revenue could be […]
IT stocks such as Infosys, TCS and Wipro rose up to 2% on Wednesday after the sharp fall in the rupee past the Rs 90 per dollar mark spurred renewed buying in high-export technology names. The currency’s fall to an unprecedented 90.13 against the US dollar, its weakest level ever, pushed investors towards dollar income […]
Indian benchmark indices ended the week with a gain of 1.6%, helped by the strength of IT and healthcare stocks. When markets reopen on Monday after the holiday week, a host of key domestic and global triggers are likely to impact sentiment. On Friday, the Nifty closed 103.55 points, or 0.41%, higher at 25,285.35. Commenting […]
Tata Group investors have little to celebrate this year. As boardroom infighting within Tata Trusts comes to light, shares of major group companies have fallen sharply from their all-time highs, with Tata Motors down 42% and Tata Consultancy Services (TCS) down 33%, taking the group’s combined market value down by Rs 4.56 lakh crore by […]
Shares of TATA Consultancy Services (TCS) will be attention, because the company has informed the fairs that the meeting of its board of directors will be held on Thursday 9 October to approve the controlled financial results of the company for the second quarter and half -year ending on September 30, 2025. “We have hereby […]
Indian IT investors were lagging behind after US President Donald Trump signed a proclamation that greatly increased the costs for the H-1B visa program, long considered the backbone of India’s software export. Markets will see how far this shock translates into fresh sales in IT counselors who are already under pressure. Trump announced that new […]
