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TCS – Tata Consultancy Services

The benchmark Nifty has seen a consolidation for third consecutive day and closed with modest gains on Friday, led by technology, telecom, realty, select oil & gas and financial companies’ shares. However, the sell-off in Reliance Industries , HDFC, HDFC Bank, GAIL, ITC, M&M, Reliance Power, Ambuja Cements, Siemens, Sun Pharma , Tata Power and [...]

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The Sensex climbed to their highest in more than three months on Monday, with Infosys Technologies racing to an all-time high for the second session ahead of its earnings. Firmer Asian markets, expectations for robust factory output growth due around 11 a.m. and hopes for upbeat quarterly earnings bolstered investor confidence. “There is good momentum [...]

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Robust US sales likely to boost revenues at IT firms

by free stock tips Stock-News

Higher wages, lower returns from Europe seen putting pressure on profits, according to a poll of 10 brokerages Increasing US sales are likely to boost revenues of software exporters as they begin reporting financial results for the June quarter, but higher wages and lower returns from Europe will put profits under pressure. Indian information technology [...]

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TCS –Hold- Sharekhan

by free stock tips Broker tips

Tata Consultancy Services (TCS)’ Q4FY2010 results were in line with our expectations on the revenue and the operating profit fronts. However, the earnings growth was ahead of our expectations due to higher other income (aided by foreign exchange [forex] gains of Rs42 crore) and decline in the effective tax rate. The consolidated revenue (US GAAP) [...]

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Tata Consultancy Services (TCS) 600 mn Pound contract under fire in UK

by free stock tips Stock-News

British opposition says deal has been signed too close to the polls, pledges to review contract if it’s elected With a general election due in June in the UK, a £600 million (Rs4,104 crore) contract the British government awarded last week to Tata Consultancy Services Ltd (TCS) has come in for political criticism in that [...]

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