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Tata Consultancy Services Ltd (TCS.BO)

TCS.BO on Bombay Stock Exchange

2,158.20INR
7 Dec 2016
Change (% chg)

Rs-32.25 (-1.47%)
Prev Close
Rs2,190.45
Open
Rs2,190.00
Day's High
Rs2,190.00
Day's Low
Rs2,151.00
Volume
66,096
Avg. Vol
124,010
52-wk High
Rs2,740.00
52-wk Low
Rs2,054.70

Latest Key Developments (Source: Significant Developments)

India's TCS says Mistry ceases to be chairman of co
Wednesday, 9 Nov 2016 09:47pm EST 

Tata Consultancy Services Ltd : Got letter from Tata Sons nominating Ishaat Hussain as chairman of board of co in place of Cyrus Mistry . Mistry has ceased to be chairman and Hussain is the new chairman of company . Says Hussain will hold office as chairman of co until new chairman is appointed in his place .Tata Sons issued a special notice and requisition for convening EGM to consider resolution for removal of Mistry as director.  Full Article

Tatas said to approach sovereign funds on buying Cyrus Mistry's stake - Economic Times
Thursday, 27 Oct 2016 09:30am EDT 

: Tatas said to approach sovereign funds on buying Cyrus Mistry's stake - Economic Times ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tata Consultancy Services develops digital solutions to connect LEDs to GE's Predix
Tuesday, 30 Aug 2016 06:41am EDT 

Tata Consultancy Services Ltd : Developed digital solutions to connect LEDs to GE's Predix operating system for industrial internet .  Full Article

Tata Consultancy Services and JetBlue expand strategic partnership
Thursday, 18 Aug 2016 06:38am EDT 

Tata Consultancy Services Ltd : Tata Consultancy Services and JetBlue expand strategic relationship to further drive airline innovation . As part of expanded relationship, JetBlue can benefit from TCS' coin (co-innovation) network . Will expand innovation centre in Pune over next 2 years .  Full Article

Tata Consultancy Services exec says need to watch how Brexit plays out
Thursday, 14 Jul 2016 08:11am EDT 

Tata Consultancy Services Ltd : Exec says deal pipeline is very good . Exec says need to watch how brexit plays out . Exec says with pick up co is seeing in digital, consulting and automation, hopefully co to push for some increase in pricing . Further company coverage [TCS.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

India's TCS sets interim dividend of 6.50 rupees/share
Thursday, 14 Jul 2016 06:46am EDT 

Tata Consultancy Services Ltd : Says June-quarter attrition rate (ltm) 13.6 percent (including. bps) . Says June-quarter gross employee addition of 17,792 employees . June-quarter client additions six in $20 mln+ band; four clients added in $50 mln+ bands . During Q1, co Posted The Incremental Revenues Driven By Strong Growth Across Core Markets In North America, UK And Europe . Declares interim dividend of 6.50 rupees per share .  Full Article

India's Tata Consultancy Services June-qtr IFRS net profit up 9.4 pct
Thursday, 14 Jul 2016 06:44am EDT 

Tata Consultancy Services Ltd : India's Tata Consultancy Services says June-quarter IFRS revenue 293.05 billion rupees, up 14.2 percent . India's Tata Consultancy Services says June-quarter IFRS net profit 63.17 billion rupees, up 10.7 percent . Consensus forecast for June-quarter net profit 60.88 billion rupees . Consol net profit reported for June-quarter last year was 56.84 billion rupees and consol total income from operations was 256.68 billion rupees .  Full Article

Tata Consultancy Services partners with Sernova Financial
Monday, 20 Jun 2016 03:14am EDT 

Tata Consultancy Services Ltd : TCS and Sernova Financial form strategic partnership .  Full Article

Tata Consultancy Services, Siemens expand partnership through Big Data Analytics
Monday, 16 May 2016 07:10am EDT 

Tata Consultancy Services Ltd : Siemens and TCS expand partnership to deliver product performance intelligence through big data analytics .  Full Article

Tata Consultancy Services Ltd - US jury fines TCS $940m in software theft lawsuit - Hindustan Times
Sunday, 17 Apr 2016 06:24am EDT 

Tata Consultancy Services Ltd:United States federal jury fined Tata Consultancy Services (TCS) ' 6,200 crore ($940 million) on Friday for what it said was stealing trade secrets owned by competing American firm Epic Systems. - Hindustan Times.TCS denied the charge, saying it did not misuse or derive any benefit from alleged downloading of Epic System's software.The Indian firm said it will defend its position "vigorously in appeals to higher courts".The jury decision in a Wisconsin court against TCS and its subsidiary Tata America International Corp is yet another hurdle for the $109-billion Tata Group, grappling with a probe into fraud charges against its British steel company, Tata Steel UK.The jury decision calls for Tata Group to pay ' 1,600 crore ($240 million) for the allegedly stolen software and about ' 4,600 crore ($700 million) in punitive damages.Healthcare software major Epic sued Tata in 2014, alleging the Indian company "wrongfully accessed" the American firm's proprietary database and downloaded data containing documents, confidential information and trade secrets.The alleged infringement happened while TCS was doing consulting work for a common client, US health insurance major Kaiser Permanente.  Full Article

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Tata seeks shareholder support before vote to remove Mistry from group cos

NEW DELHI Tata Sons' interim chairman Ratan Tata reached out to shareholders of Tata group companies on Wednesday, seeking their support to remove Cyrus Mistry from the board of these companies.