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Business Line
TCS ranked the most valuable brand in Kantar’s BrandZ report
HDFC Bank, Airtel, Infosys and State Bank of India were ranked among the top five
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Thu, Sep 19, 2024
Mint
TCS share are down by -0.72%, Nifty up by 0.56%
TCS Share Price Today on 19-09-2024: On the last trading day, TCS opened at ₹4397.75 and closed at ₹4315.5. The stock reached a high of ₹4421 and a low of ₹4292.5 during the day. Overall, the stock experienced a decline from its opening price.
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Thu, Sep 19, 2024
Business Line
Day trading guide for September 19, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
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Thu, Sep 19, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
TCS, HCL Tech, Infosys, Tech Mahindra and Wipro were among the top losers on NSE in today's trade.
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Wed, Sep 18, 2024
The Economic Times
Market Wrap: Sensex, Nifty end in red after recording lifetime highs as Infosys, TCS trigger fall
Indian headline indices ended lower on Wednesday, led by declines in IT heavyweights Infosys and TCS. Nifty closed at 25,377.55, down 41 points, while Sensex settled at 82,948.23, down 131.43 points. Banking and financial services sectors were the only gainers among Nifty sectoral indices.
Business Standard
TCS inks 2-year partnership deal with McDonald's Philippines
Tata Consultancy Services (TCS) informed that it has signed a two-year partnership with George Yang-led Golden Arches Development Corporation (GADC), master franchise holder of McDonald's in Philippines to modernize IT Landscape for 760+ restaurants.
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Wed, Sep 18, 2024
The Economic Times
Gainers & Losers: Bajaj Housing Finance, BSE among 13 stocks
Indian indices closed lower, influenced by declines in IT stocks like Infosys and TCS. BSE surged on IPO hopes, while Torrent Power gained after a major contract win.
The Economic Times
TCS signs two-year deal with McDonald's Philippines for modernisation
The Mumbai-headquartered IT giant highlighted the benefits of the upgrade such as increased efficiency and optimised operating costs, digital transformation and innovation, enhanced franchisee experience driving stakeholder loyalty, improved process optimisation and workforce productivity.
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Wed, Sep 18, 2024
The Economic Times
TCS, other IT stocks tumble up to 5% ahead of Fed meeting outcome
According to domestic brokerage firm JM Financial, the confirmed rate cut could affect the IT sector in three ways: by increasing stock values through a reduced cost of equity, boosting discretionary demand due to economic recovery, and enabling higher operational expenses due to lower interest burdens on companies
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Wed, Sep 18, 2024
Business Standard
TCS signs deal with McDonald's Philippines to digitise ops at 760 outlets
Indian company will implement an advanced upgrade of McDonald's IT systems in the Philippines
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Wed, Sep 18, 2024
Business Line
TCS secures two-year contract with McDonald’s franchise holder in the Philippines
The deal aims to upgrade and digitise IT operations for over 760 McDonald’s restaurants across the country.
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Wed, Sep 18, 2024
CNBC TV18
TCS inks deal with McDonald's Philippines to modernise its IT landscapes across over 760 restaurants
TCS Share Price | The company signed the agreement with the George Yang-led Golden Arches Development Corporation (GADC), the master franchise holder of McDonald's in the Philippines. This partnership is TCS' first with the fast food chain in the APAC region and it aims to standardise and digitise the IT operations at its outlets in the Philippines, the company said.
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Wed, Sep 18, 2024
Business Standard
TCS signs two-year partnership with GADC
To standardize and digitize the IT operations for 760+ McDonald's restaurants in the Philippines
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Wed, Sep 18, 2024
Business Standard
Infy, TCS, LTIM: Pivot levels to track on IT stocks as Fed readies rate cut
The Nifty IT index had shed 3% on Wednesday ahead of the US Fed policy decision. Here are the key pivot points to track on top IT stocks with potential upside and downside targets as per charts.
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Wed, Sep 18, 2024
CNBC TV18
Fed meet outcome today: Nifty IT index falls nearly 3% led by Mphasis, Infosys, TCS
The top five losers on the Nifty are IT stocks like Tech Mahindra, Infosys, Wipro, LTIMindtree, and TCS, trading with losses of up to 3%.
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE
Tech Mahindra, Wipro, Infosys, LTIMindtree and TCS were among the top losers on NSE.
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Wed, Sep 18, 2024
Business Line
Day trading guide for September 18, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
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Wed, Sep 18, 2024
The Economic Times
RIL, SBI, TCS among top 10 stock holdings of SBI Mutual Fund in August
SBI Mutual Fund held a 6.4% allocation in RIL in August.
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Tue, Sep 17, 2024
CNBC TV18
MCX to shift to TCS platform from October 1, says Motilal Oswal; projects ₹6,500 target
Motilal said that from October 1 this year, MCX will start paying the annual maintenance charges (AMC) to TCS, which will be fixed in nature, causing no volatility like the previous quarters. This will lead to a marked improvement in profitability.
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Tue, Sep 17, 2024
Mint
Tata Consultancy Services share are up by 0.29%, Nifty up by 0.12%
TCS Share Price Today : On the last trading day, TCS opened at ₹4505.15 and closed at ₹4526. The stock reached a high of ₹4530.85 and a low of ₹4468.75 during the day. Overall, it showed a positive movement, closing higher than its opening price.
Business Line
Day trading guide for September 17, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
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Tue, Sep 17, 2024
Mint
Tata Consultancy Services share are down by -0.14%, Nifty up by 0.2%
TCS Share Price Today : On the last trading day, TCS opened at ₹4530 and closed at ₹4515.8. The stock reached a high of ₹4544.8 and a low of ₹4510.1 during the day.
Business Line
Mcap: Nine of top-10 most valued firms jump ₹2 lakh crore; Bharti Airtel sparkles
Reliance Industries led the chart of the top-10 most valued firms followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, LIC and ITC.
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Sun, Sep 15, 2024
Business Standard
Mcap of 9 of top-10 most valued firms jump Rs 2 trn; Bharti Airtel sparkles
Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of ICICI Bank surged Rs 29,662.44 crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63 crore. The mcap of Hindustan Unilever soared Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of HDFC Bank zoomed Rs 22,093.99 crore to Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance
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Sun, Sep 15, 2024
Mint
TCS employees receiving income tax notices are a ‘discrepancy’, ITRs will be reprocessed: Report
Tata Consultancy Services (TCS) said on Friday, that the tax demand notices sent to several of its employees are a “discrepancy,” and the Department of Income tax will be reprocessing the returns, reported Business Standard on Saturday, September 14.
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Sat, Sep 14, 2024
Hindustan Times
Income tax notices sent to TCS employees are a 'discrepancy,' ITRs will be reprocessed: Report
TCS said that the employees who received the income tax notices will get a intimation of rectification soon and don't have to pay any demand amount
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Sat, Sep 14, 2024
Business Standard
Tax notices to employees are a 'discrepancy', ITRs to be reprocessed: TCS
"It's possible that the delay in TDS deposits could have been from TCS's side, but it seems more likely to be a technical error," said a senior partner at a major consultancy firm
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Fri, Sep 13, 2024
The Economic Times
TCS employees receive IT demands up to Rs 1.45 lakh; firm asks them to wait
TCS had in an internal memo on Tuesday had said it understood some employees have received income-tax demand notices and that it had taken up the matter with the tax authorities for fast resolution.
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Fri, Sep 13, 2024
Hindustan Times
TCS India employees get tax notices, firm asks them to wait before paying: Report
TCS employees received tax notices for TDS discrepancies. The company advises them to await instructions, with amounts ranging from ₹50,000 to ₹1.5 lakh.
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Fri, Sep 13, 2024
Business Standard
Over 30,000 TCS workers affected by TDS errors; Tax dept sends notices
The problem is reportedly believed to have stemmed from a software error that resulted in TDS claims not being properly updated on the income-tax portal
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Fri, Sep 13, 2024
Business Standard
Tata electronics, TCS to develop India's first domestic chips by 2026
Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare
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Fri, Sep 13, 2024
Mint
TCS working with Tata Electronics to build first made-in-India chips
TCS has a sizeable play in semiconductor design, engineering and software development for semiconductor applications worldwide.
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Fri, Sep 13, 2024
Business Line
Day trading guide for September 13, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
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Fri, Sep 13, 2024
Business Line
Day Trading Guide for September 12, 2024: Intraday supports, resistances for Nifty50 stocks
Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI
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Thu, Sep 12, 2024
Mint
Tata Consultancy Services share are down by -0.48%, Nifty up by 0.31%
TCS Share Price Today : On the last trading day, TCS opened at ₹4501.55 and closed at ₹4463.50. The stock reached a high of ₹4514.40 and a low of ₹4457.00 during the session. Overall, it experienced a decline from the opening price, closing lower than where it started.
The Economic Times
IT stocks close to peak multiples; a stock-selective approach is better: Apurva Prasad
Apurva Prasad of HDFC Securities suggests that IT companies with higher BFSI exposure, such as TCS, might exceed earnings expectations. He notes that the sector's growth and earnings cuts have stabilized. Mid-tier firms like Persistent Systems continue to perform well. Due to high valuations, a selective investment strategy is recommended.
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Wed, Sep 11, 2024