Free Press Journal
  • TCS board okays Rs 16K-cr share buyback at Rs 2,100

    Mumbai : The largest software exporter TCS on Friday announced a Rs 16,000-crore share buyback, second in as many years, as part of its long-term capital allocation policy of returning excess cash to the shareholders.

  • Sensex ends in green on IT push

    Mumbai: The BSE Sensex ended with modest gains today, propelled by a late burst of buying in technology and pharma stocks.

  • Markets maintain uptrend; Fed takes focus

    Mumbai: Markets gave up early gains but managed to end higher for the third straight session today, driven by robust buying in technology and healthcare stocks amid positive macro data.

  • Sensex slips 137 points in volatile trade

    Mumbai: The BSE Sensex surrendered early gains to trade over 137 points lower in opening trade as investors remained on the sidelines ahead of RBI’s monetary policy review meeting beginning today. RBI’s second bi-monthly monetary policy meeting of 2018-19 will be held from June 4-6.

  • Sensex zooms 318 pts; Nifty tops 10,500-mark

    Mumbai, The BSE Sensex rebounded over 318 points today on robust buying in IT, banking, metal and pharma stocks amid mixed global cues. This is the benchmark’s biggest single session gain since April 5, when its had surged by 577.73 points. Unabated buying by domestic institutional investors (DIIs) contributed to the uptrend.

  • Bhopal: All Saints School admin cheated parents says probe report

    Bhopal: The district administration has found the All Saints School management prima facie guilty of cheating the parents in its probe. MP Parents Association had lodged a complaint against the school management for issuing TCs to more than 30 students a month ago as the parents had refused to pay the hiked fee.

  • TCS set to be first Indian co with $100-bn market cap

    Mumbai : Information technology bellwether Tata Consultancy Services (TCS) is closed to hitting the $100-billion mark in terms of market capitalisation as its share price surged nearly 7 per cent on Friday, adding about $6.2 billion to its valuation.

  • TCS

    TCS Q4 net profit up 4.4% at Rs 6,904 crore

    Mumbai: The country’s largest software exporter TCS today reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and its board recommended a 1:1 bonus share issue.

  • Sensex slips 130 pts on weak global cues, Nifty tests 10,300

    Mumbai: The benchmark BSE Sensex fell over 130 points in early trade today amid weak Asian cues and selling on oil & gas, metals, power, PSU and IT counters. Brokers said persistent selling by investors and capital outflows by foreign funds and a weak trend in Asian bourses, due to increased concerns over the prospect of a global trade war, dampened market sentiment.

  • Sensex drops 61.16 pts in late sell-off; TCS falls 5%

    Mumbai: The benchmark BSE Sensex gave up its early gains to close lower by 61.16 points at 33,856.78 today mainly due to profit booking in the last hour of the trade after recent gains.

  • TCS bags $2bn contract from Transamerica

    New Delhi : In its biggest deal to date, Tata Consultancy Services Ltd (TCS), on Friday, said it has inked a multi-year agreement worth more than $2 billion with US insurance firm Transamerica, to digitally transform the latter’s life and annuities businesses. The partnership enables Transamerica — a leading provider of life insurance, retirement and investment solutions — to enhance its digital capabilities, simplify the service of more than 10 million policies

  • INDIA-ECONOMY-POLITICS

    Nifty ends below 10,500 ahead of F&O expiry

    Mumbai: NSE benchmark Nifty saw some correction towards the fag-end of today’s trade to slip by 41 points following selling pressure mainly in energy, infra, realty and banking sectors.

  • TCS

    TCS secures $2.25-billion deal from Nielsen

    New Delhi, India’s leading IT exporter Tata Consultancy Services (TCS) has bagged a USD 2.25 billion outsourcing contract from Nielsen, a television rating measurement firm. The partnership, signed in October this year, is a renewal of TCS’ existing collaboration with Nielsen. The two companies had struck a 10-year deal in 2008 for USD 1.2 billion, which was expanded to USD 2.5 billion in 2013.

  • INDCOM 2017: A call to communicators

    Mumbai: A two-day event— INDCOM 2017 which is jointly organised by The Public Relation Society of India (PRSI), Mumbai chapter and Goldman Communications, was attended by the stalwarts of the industry. Popular names like Kumar Ketkar, ex-chief editor of Dainik Divya Marathi and Radhakrishnan Pillai, author of the bestselling management book ‘Corporate Chanakya’, inaugurated the Indian Communication Summit at Nehru Centre.

  • TCS Q2 net down 2.1% to Rs 6,446 cr

    Mumbai : Tata Consultancy Services (TCS), India’s largest software services company, Thursday said its net profit fell 2.1 per cent to Rs 6,446 crore in the September quarter of the current fiscal. The Mumbai-based company had posted net profit of Rs 6,586 crore in the July-September quarter of last fiscal, the company said in a BSE filing. TCS registered revenues at Rs 30,541 crore in the second quarter of 2017-18, up 4.3

  • Bhopal: Campus placement: TCS picks 220 students from RGPV

    Bhopal: IT giant Tata Consultancy Services (TCS) has selected 220 students from Rajiv Gandhi Proudyogiki Vishwavidyalaya during a campus recruitment drive here on Monday.  The selected students, which include 88 females, belong to all branches of engineering and they will take up their jobs at the prestigious organisation on completion of their course in 2018.

  • US court trims fine on TCS to $420 mn

    New Delhi : IT major Tata Consultancy Services (TCS) Sunday said a US court has more than halved the compensatory and punitive damages demanded from the company to $420 million in a lawsuit filed by Epic Systems Corporation. The matter relates to a US grand jury order that slapped two Tata group companies — Tata Consultancy Services and Tata America International Corp — with a $940 million fine in a trade secret