Reliance Industries Limited (RIL) once again went past Tata Consultancy Services (TCS) to become the country's most-valued company by market valuation on Friday.
Accenture and IBM were ahead of TCS, the report said
The founding members include 48 organisations representing 13 industries, with more than 5.5 million employees worldwide and headquarters in three continents
Announcing the coalition during its week-long online Davos Agenda Summit, the WEF said it would work towards improving racial and ethnic justice in the workplace
Wipro, Mindtree, Mphasis and Coforge from the Nifty IT index were up in the range of 3 per cent to 5 per cent on the NSE
TCS' software will speed-up configuration checking and reduce manual errors, ensuring first time right network configuration.
Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
Margins too surprised positively on higher offshoring and utilisation
Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)
The market valuation of Tata Consultancy Services (TCS) crossed Rs 12 trillion-mark at close of trade on Thursday
While double-digit growth in FY22 is a given, near term margins could come under pressure
IT major Tata Consultancy Services (TCS) on Tuesday said it will acquire GE's stake in Tata Consultancy Services Saudi Arabia for $12,471
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Volatility index, India VIX, surged 8.5 per cent to 22.4 levels
Infosys, Wipro, MphasiS and HCL Technologies from the Nifty IT index were up between 2 per cent and 3 per cent
In the past one month, TCS has outperformed the market by surging 15 per cent, as compared to 8 per cent rise in the S&P BSE Sensex
Bharti Airtel announced the appointment of Pradipt Kapoor as its Chief Information Officer
Besides TCS, other winners on the top-10 chart were HDFC Bank, Hindustan Unilever Limited (HUL), Infosys, HDFC, ICICI Bank and Bharti Airtel
Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results
In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)