TCS dividend: Tata Consultancy Services announces final dividend of Rs 15 per equity share
April 13, 2021 10:58 ISTTCS dividend: Tata Consultancy Services has announced a final dividend of Rs 15 per equity share.
TCS dividend: Tata Consultancy Services has announced a final dividend of Rs 15 per equity share.
Tata Consultancy Services (TCS) has reported a 14.9 per cent rise in consolidated net profit to Rs 9,246 crore for the March 2021 quarter.
The average increment band for offshore employees is expected to be 6-7 per cent as per norms, sources said.
Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL, and Wipro -- secured spots in the top-10 global tally.
Country's largest software exporter Tata Consultancy Services (TCS) on Monday surpassed Reliance Industries Ltd to become the country's most valued firm by market capitalisation.
IT major Tata Consultancy Services (TCS) on Tuesday said it will acquire GE's stake in Tata Consultancy Services Saudi Arabia for USD 12,471 (about Rs 9.13 lakh).
Shares of Tata Consultancy Services on Monday gained over 3 per cent after the company reported a 7.2 per cent jump in December quarter net on a consolidated basis.
Tata Sons Pvt Ltd, the holding company of salt-to-software Tata Group, has raised about Rs 10,000 crore from selling close to 1 per cent holding in Tata Consultancy Services (TCS) in the IT firm's recently concluded share buyback.
Tata Sons tendered shares worth Rs 9,997 crore of Tata Consultancy Services (TCS) during the IT major's Rs 16,000 crore-buyback offer that concluded recently.
Eight of the top-10 most valued domestic companies together added Rs 1,25,229.25 crore in market valuation past week in-line with a bullish broader market trend, with HDFC, TCS and Bajaj Finance emerging as the biggest gainers. Over the past week, the BSE benchmark gained 861.68 points or 1.86 per cent.
Tata Consultancy Services (TCS) on Thursday said it plans to invest more than USD 100 million in Austin and hire 1,000 new employees across Texas.
India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021.
India's largest software services firm Tata Consultancy Services (TCS) on Monday said it has hired over 7,000 employees in the UK over the last five years, making it among the top recruiters of IT services talent in that country.
Faqir Chand Kohli, the founder and first CEO of Tata Consultancy Services (TCS), died on Thursday. Popularly called the father of the Indian IT industry, Kohli breathed his last at the age of 96.
Shares of Tata Consultancy Services (TCS) jumped 2 per cent in morning trade on Thursday after its shareholders approved up to Rs 16,000 crore share buyback plan.
India's largest software services company Tata Consultancy Services (TCS) on Wednesday it has seen a surge in demand for its services and expects to recruit 10,000 individuals in the US by 2022.
Shares of Tata Consultancy Services (TCS) on Thursday jumped over 5 per cent after the company announced a mega-Rs 16,000 crore buyback plan at Rs 3,000 per equity share. TCS was the top gainer in the Sensex pack in early trade.
TCS will buyback 5.33 crore shares worth Rs 16,000 crore. This is first buyback programme by the country's largest IT major in the current fiscal.
Rising for the third straight session, market benchmark Sensex finished 277 points higher on Monday, propelled by IT and banking counters.
Tata Consultancy Services (TCS) has become the second Indian firm to attain a market valuation of over Rs 10 lakh crore.
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