Image Source : FILE Tata Consultancy Services The country’s largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 percent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period. Its revenue from …
Image Source : FREEPIK Representative Image The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023. The new TCS rule on foreign expenditure will come into effect from September, which could …
Industry analysts and brokerages have projected that most companies will experience either flat or declining revenues in the first quarter of FY24. According to ICICI Securities, Tata Consultancy Services (TCS), the leading IT services company in the country, is expected to see a 0.2% increase in dollar revenue in constant currency on a sequential basis. …
Image Source : PTI Market valuation of top-10 most valued firms jumps Rs 1.88 lakh cr; HDFC Bank, TCS biggest gainers The combined market valuation of the top 10 most valued firms surged by Rs 1.88 lakh crore during the previous week. Notably, HDFC Bank and Tata Consultancy Services (TCS) experienced the largest gains, reflecting …
Image Source : FILE Infosys USD 454 million deal with Danske Bank Infosys Secures USD 454 Million Deal with Danske Bank Infosys, a leading digital transformation company, has announced a strategic collaboration with Denmark-based Danske Bank. The deal, valued at USD 454 million for a period of five years, aims to accelerate Danske Bank’s digital …
Image Source: FILE Market Reverses Opening Gains as Sensex Falls 216 Points Equity benchmark indices witnessed a reversal of early gains and closed lower on Monday. Investors sold off telecom, power, and utility stocks amidst a bearish trend in global markets and profit booking. The 30-share BSE index, after reaching its lifetime high on Friday, …