TCS Q1 profit soars 38 pc on favourable Re, all-round growth
A strong performance across sectors and a favourable rupee exchange rate helped the country's largest software exporter TCS post nearly 38 per cent jump in consolidated net profit at Rs 3,317.68 crore
Infosys's Gopalakrishnan to head govt's cloud computing panel
The government has set up committee to recommend framework for cloud computing services under the chairmanship of Infosys' executive co-chairman S. Gopalakrishnan (Kris).
The committee has been set
Macquarie cuts ratings of TCS, Infosys, Wipro
Macquarie Equities Research has downgraded IT services sector to 'underweight' from 'overweight' citing demand concerns as Infosys which already has 30 per cent of staff on the bench, delays joining d
TCS, AP police ink pact to track criminals
The state police department has signed an agreement with Tata Consultancy Services to implement Crime and Criminal Tracking and Network System (CCTNS) project. The ministry of home affairs has sancti
Microsoft voted 'most attractive employer' in India
Microsoft India on Thursday bagged the Randstad Award 2012 for the 'most attractive employer' in the country for the second consecutive year followed by Oracle India and Tata Consultancy Services.
T
S&P revises rating outlooks on Infosys, TCS, Wipro
Standard & Poor's Ratings Services said on Wednesday that it had revised the rating outlooks on three Indian information technology companies to negative from stable. At the same time, we affirmed our
TCS rises on prospects for market share gain
Shares in Tata Consultancy Services shot up as much as 9.7 per cent early on Tuesday, a day after India's top software services exporter said it expects to outperform the sector outlook, an indication
TCS shares up 13 per cent; topples ONGC in M-cap
Shares of IT major TCS on Tuesday closed with about 13 per cent gain, making it the second-most valued company in terms of market capitalisation ahead of ONGC as investors cheered its robust 2011-12 e
Infosys Q4 profit rises 27.4 per cent, meets forecast
Infosys Ltd, India's second-largest software services exporter, reported a 27.4 per cent rise in quarterly net profit, meeting forecast after customers ramped up orders to cut operational costs.
Beng
TCS, Infosys shares hit by corporate spending worries
India's IT stocks were among the day's biggest decliners with analysts citing rising worries about softer-than-expected fiscal Q4 earnings and uncertainty about corporate IT budgets in the year starti