Stock price of TCS was down as much as 6.5% during intra-day trading
Funds are underweight the IT sector and any fall will probably see them buying the market leaders at a cheaper valuation
Earlier, Infosys had lowered its annual revenue guidance for FY17 while announcing its results for the June 2016 quarter
The stock hit a high of Rs 2,367 and a low of Rs 2,287 so far during the day
Company has been helping several US states to modernise their systems that support Unemployment Insurance programs
More than 2,000 school teachers from various educational institutions across Tier-II and -III cities from Tamil Nadu would be trained
In exchange for this payment, the county will now dismiss its lawsuit against Tata, who in turn will dismiss its cross complaint
In exchange for this payment, the county will now dismiss its lawsuit against Tata, which in turn will dismiss its cross complaint
The study also revealed that the company's customer focus has been central to its success
The m-cap of TCS surged by Rs 5,980.25 crore, to Rs 5,21,946.66 crore
Takes 400,000 sq ft in Noida; 375,000 sq ft in Bengaluru
At the end of June 2016, TCS had a total headcount of 362,000 ahead of Infosys (197,000) and Wipro (173,000)
The stock was trading 2% lower at Rs 2,476 on the BSE at 10:16 AM.
Margin disappoints; Ebit at 25.1% lowest since Q1 of FY10
Slowing growth of BFSI vertical and fall in margins are the key points to note
Will deploy iON Cloud solutions to create largest online community of doctors
In past two trading sessions, the S&P BSE IT index down 3.5% against 2% decline in the S&P BSE Sensex.
The company will offer MSc programme specialising in Big Data this year starting July
The services are delivered by Sernova on the Calypso platform with Business Process Services delivered by TCS
The $110 billion, salt-to-software Tata Group derives half its revenues from outside India