HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
Stock Price has broken down on the daily chart to close at the lowest level since June 2018 with higher volumes.
IT firm TCS on Thursday said it has partnered with Qatar-based Black Cat Engineering & Construction (BCEC) to provide digital solutions and innovation strategy. "Tata Consultancy Services...has been selected by BCEC..as the strategic partner to drive the latter's digital transformation and co-innovation strategy," TCS said in a BSE filing. As part of the tie-up, TCS is enabling BCEC to reimagine its end-to-end business processes from tendering to construction, incorporating EPC industry's best practices, to design and implement multifunctional and multiservice solution on Oracle Cloud ERP (Enterprise Resource Planning). The seamless enterprise-wide system integrates multiple disparate business functions and eliminates data duplication and redundancy. "We...will bring our technology expertise, industry experience, proprietary solutions, and innovation ecosystem to make BCEC an industry benchmark," TCS Qatar Country Head Devashis Goswami said. BCEC is Qatar's largest EPC and ...
Infosys, Tech Mahindra and HCL Technologies were down in the range of 5 to 6 per cent in early morning trade today.
The approval was given by the Board of Approval, the highest decision-making body for SEZs, in its meeting on February 26 in New Delhi
Twitter gave employees an option to work from home after the coronavirus outbreak claimed over 3,000 lives globally, and fresh cases being reported in India.
TCS has proposed to set up an IT/ITeS SEZ at Noida in Uttar Pradesh in an area of 19.9 hectares
The income tax department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme
In the three years under Chandra, the group's overall m-cap has soared 39.6% to Rs 12 trillion
Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.
During his thirty-year career at the Tata Group, Ravi Viswanathan built and led multiple business units and P&Ls at TCS
Under the contract, TCS will provide managed services including application maintenance and support, required infrastructure and security operations.
The expansion of WBA and TCS strategic partnership is based on WBA's review of its IT operating model and vendor landscape
Also plans to identify the next billion-dollar bets in the digital services space
The IT firm is planning to raise the size of the business units with own profit and loss accounts to around $400 - $500 million from $100 - $150 million at present
TCS' brand value is seen as the driving force behind the Tata Group's ranking among the world's Top 100 Brands
Experts are of the opinion that though digital services hold the future, the companies are likely to take a hit during the transition period
Company misses revenue estimates, margin sees improvement
The Supreme Court has given a 'blanket stay' on the NCLAT order, the company's Chief Executive and Managing Director Rajesh Gopinathan said
TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation