TATA CONSULTANCY SERVICES LTD Q3 RESULTS

ICICI Bank tops UBS to become 18th most valuable lender globally

HDFC Bank's recent market surge has propelled it to become the 18th most valuable bank globally, surpassing UBS. This intraday surge boosted HDFC Bank's market capitalization to over $162 billion, making it the second most valuable lender in India after ICICI Bank.

Mcap of three of top-10 most valued firms jumps Rs 1.06 lakh cr; HDFC Bank, ICICI Bank shine

The combined market valuation of three of the top-10 most valued firms jumped Rs 1,06,125.98 crore in holiday-shortened last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers. Last week, the BSE benchmark Sensex climbed 217.13 points or 0.28 per cent.

IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signals

Indian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong demand environment to drive healthy earnings growth.

Q4 results: Stable costs boost India Inc. profits

Steady costs and firm domestic demand supported corporate performance in the March quarter.

​These 3 stocks showing RSI Trending Up on June 13

Mcap of 8 of top-10 valued firms jumps Rs 3.28 lakh cr; TCS, HUL, Reliance lead winners

​Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent.

Wipro gives over 85% variable pay for Q4 FY24

IT services major Wipro paid its employees an average of more than 85% variable pay for the fourth quarter of FY24, several employees have told ET, on condition of anonymity.

Tata Steel shares fall 3% post Q4 results. Should you buy, sell or hold?

Tata Steel shares fell 3% after reporting a 64% decline in net profit to Rs 611 crore in Q4FY24, missing D-Street's estimates. Jefferies sees weak results but better than expected, with Motilal Oswal stating revenue at Rs 36,600 crore and ASP affecting EBITDA/t. Jefferies has a 'buy' call with a target price of Rs 200.

Tata Steel Q4 Results: Net profit slumps 64% YoY to Rs 611 crore; misses D-St estimates

Tata Steel Q4 Results: Revenue from operations for the quarter under review fell 7% YoY to Rs 58,687 crore. The company's board has recommended a dividend of Rs 3.6 per share. It has also approved a proposal to infuse funds up to $2.11 billion (Rs 17,407.50 crore), by way of subscription to equity shares of T Steel Holdings Pte Ltd in one or more tranches during FY25.

Tata Steel board approves Rs 3,000 crore fundraise via NCD route

It plans to raise upto Rs 3,000 crore through non-convertible debentures (NCDs) on a private placement basis.

Deals, hiring show HCL Tech can tap expected IT bounce

Revenue in the major markets of the US and Europe grew sequentially by 4.2% and 2.3%, respectively, while major business verticals also showed higher revenue. But what sets HCLTech apart from peers is the fact that it continued to add headcount during the quarter.

Infosys sustains deal wins, near-term outlook hazy

Infosys disappointed in FY24 with slow revenue growth, weak guidance, and shrinking headcount. Despite TCV of new deals, the company faces pressure. Stock weakness expected due to lackluster guidance and margin contraction.

TCS shares defy market sell-off as target prices rise after Q4 beat. Should you buy?

TCS shares rose up to 1% to the day's high at Rs 4,063 on BSE even as Sensex and Nifty fell around 1%. During the March quarter, TCS reported a 2.2% YoY increase in its revenue at Rs 61,237 crore in constant currency terms, despite ongoing demand weakness

TCS raises recovery hopes driven by strong deal momentum

Buoyed by a mega 15-year deal with the UK-based insurer Aviva, which is pegged at around $ 2.5 billion according to media reports, the country’s largest software exporter reported a total contract value (TCV) of $13.2 billion for new deals, the largest in a single quarter.

TCS reports dip in Q4 hiring, full-year attrition cools to 12.5%

For TCS, the headcount decreased by 1,759 since the last quarter, ending the fiscal year at a headcount of 601,546. In the third quarter, TCS had reported a sequential headcount dip of 5,680.

TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings

TCS Q4 Results: The company's order book for FY24 was at an all-time high of $42.7 billion and record $13.2 billion in the March quarter, led by the mega deal with Aviva and others in the emerging markets vertical.

TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates

TCS Q4 Results: Revenue from operations increased by a marginal 3.5% year-on-year (YoY) to Rs 61,237 crore. On a sequential basis, profit after tax jumped 12%, compared with Rs 11,058 crore clocked in the preceding December quarter. Revenues were up 1% quarter-on-quarter (QoQ).

TCS announces final dividend of Rs 28 per share

This will be paid on the fourth day from the conclusion of the 29th Annual General Meeting. TCS' revenue for the January-March quarter stood at Rs 61,237 crore, up 3.5% on a year-on-year basis and 2.2% YoY in constant currency terms. Full-year revenue was reported at Rs 240,893 crore, up 6.8% YoY and over 3.4% in the CC terms while the net income stood at Rs 46,585 crore jumping by 10.5% YoY.

TCS Q4 Results: Profit zooms 9% YoY to Rs 12,434 cr; firm declares Rs 28/share dividend

TCS starts hiring with 10,000 jobs to freshers: Here are recruitment test details, hiring dates, roles, salary package

TCS plans to initiate second hiring phase, recruiting 10,000 freshers. The move brings optimism amidst declining IT sector recruitment. Fresh talent assessed through National Qualifier Test (NQT), with tests scheduled for April 26. TCS offers three categories: Ninja, Digital, and Prime, with varying annual packages. Recruitment drive commenced in January, targeting campus hires. TCS aims to onboard 40,000 freshers, emphasizing talent developmen

Q4 Results Today: What to expect from TCS earnings?

TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.

TCS Q4 results on Friday: Recap of how IT bellwether fared in FY24; key things D-Street needs to watch out for

TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters.

TCS likely to outdo peers with ramp-up in big deals

Its operating margin is also likely to expand in the absence of any major wage increases and higher internal efficiency. The country’s largest software exporter is slated to declare the fourth quarter numbers on Friday.