Free Press Journal
  • TCS reclaims most valued company tag from Reliance within a day

    New Delhi: Tata Consultancy Services (TCS) today reclaimed the country’s most valued firm status by market capitalisation, pushing Reliance Industries Ltd to the second spot. Reliance Industries (RIL) yesterday became the country’s most valued firm by m-cap, replacing Tata Group’s crown jewel TCS from the top slot.

  • Reliance Industries Ltd topples TCS with market-cap crossing Rs 7.51 lakh cr

    Mumbai: Reliance Industries Ltd (RIL) on Tuesday surpassed Tata Consultancy Services (TCS) in terms of market capitalisation (market-cap) in India. At closing, the market-cap of Reliance Industries on the BSE stood at around Rs 7.51 lakh crore, against the Rs 7.43 lakh crore worth of market-cap of Tata Consultancy Services.

  • Bombay HC upholds life term of ex-Navy officer for killing girlfriend in 2007

    Mumbai: The Bombay High Court today upheld the conviction and life sentence awarded to a former naval officer for killing his girlfriend in 2007. A division bench of justices B R Gavai and S V Kotwal dismissed an appeal filed by convict Manish Thakur, who was employed with the aeronautical wing of the Indian Navy.

  • TCS, TATA

    TCS’ net profit soars 23% to Rs 7,340 crore in June quarter

    Mumbai: Revival in both the core client segment and key operational geographies, along with some help from the currency gains, aided largest software exporter TCS to report 23 per cent jump in June quarter net at Rs 7,340 crore.

  • 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