Key Developments: Tata Consultancy Services Ltd (TCS.BO)

TCS.BO on Bombay Stock Exchange

2,545.35INR
27 Aug 2014
Price Change (% chg)

Rs11.90 (+0.47%)
Prev Close
Rs2,533.45
Open
Rs2,538.90
Day's High
Rs2,565.80
Day's Low
Rs2,515.90
Volume
65,818
Avg. Vol
77,072
52-wk High
Rs2,609.90
52-wk Low
Rs1,798.95

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Latest Key Developments (Source: Significant Developments)

Tata Consultancy Services Ltd (TCS) to raise via commercial paper-Business Standard
Friday, 25 Jul 2014 08:14am EDT 

Tata Consultancy Services Ltd (TCS):Is tapping the markets to raise 40.00 bln Indian Rupees through commercial paper programme-Business Standard.  Full Article

Tata Consultancy Services Ltd partners with MapR Technologies-Business Standard
Tuesday, 22 Jul 2014 09:36am EDT 

Tata Consultancy Services Ltd:Has partnered with MapR Technologies to make new big data offerings to enterprise customers which will allow them to easily and rapidly capture value from big data-Business Standard.The offerings will also shift the IT cost curve for these enterprise clients, TCS said.  Full Article

Tata Consultancy Services Ltd announces restructuring of subsidiary
Thursday, 17 Jul 2014 07:58am EDT 

Tata Consultancy Services Ltd:Says the boards of the company and of its subsidiary, WTI Advanced Technology Ltd (WTI) at their respective meetings held on July 17 have approved the scheme of amalgamation of WTI with the company.The appointed date for the proposed Scheme of Amalgamation is April 01.  Full Article

Tata Consultancy Services Ltd declares interim dividend & special dividend
Thursday, 17 Jul 2014 07:57am EDT 

Tata Consultancy Services Ltd:Have declared an interim dividend of 45 Indian Rupees per equity share of one Indian Rupee each of the company.It includes special dividend of 40 Indian Rupees per equity share.Further, the interim dividend will be paid to the equity shareholders of the company on Aug. 08.The record date for the purpose of payment of Interim dividend is July 30.  Full Article

Tata Consultancy Services Ltd gets IT services contract from Dutch insurance firm-Business Standard
Wednesday, 25 Jun 2014 09:53am EDT 

Tata Consultancy Services Ltd:Has been selected by Dutch insurance firm, REAAL N.V., to develop and modernize the mainframe applications and servicing the company's life insurance portfolio-Business Standard.The five-year engagement will be focused on building a technology platform for REAAL N.V. as it looks to increase agility across the business.Financial details of the contract were not disclosed.  Full Article

Telenor chooses Tata Consultancy Services Ltd for fixed-line upgrade in Norway-Business Standard
Wednesday, 25 Jun 2014 09:10am EDT 

Tata Consultancy Services Ltd:Telenor has selected Tata Consultancy Services Ltd to modernise its fixed-line network operations-Business Standard.The infrastructure services contract, which was signed on June 24, is for four years.  Full Article

Tata Consultancy Services Ltd selected for Certification Services and Test Provider for Cloud Data Management Interface
Tuesday, 29 Apr 2014 07:12am EDT 

Tata Consultancy Services Ltd:Says it has been appointed as only Certification Services and Test Provider for Cloud Data Management Interface (CDMI) conformance testing by Storage Networking Industry Association (SNIA).SNIA launched CDMI Conformance Test Program (CTP) for cloud vendors to provide interoperability standards for end users.Cloud storage companies will now be able to utilize TCS' innovative CDMI Conformance Assurance Solution to ensure that their cloud storage products meet SNIA standards with greater efficiency, which leads to faster time-to-market, increased market share and less cost.  Full Article

Tata Consultancy Services Ltd creates strategic Japanese IT Services company by combining forces with Mitsubishi Corporation's IT Frontier Corporation
Monday, 21 Apr 2014 01:30am EDT 

Tata Consultancy Services Ltd:Says that it signed a definitive agreements with Mitsubishi Corporation.creates a strategic Japanese IT Services company by combining forces with Mitsubishi Corporation's IT Frontier Corporation.TCS will hold 51 pct. in the merged entity and Mitsubishi will hold 49 pct.Entities to be operational from July 2014.Terms of the transaction were not disclosed.  Full Article

Tata Consultancy Services recommends dividend
Wednesday, 16 Apr 2014 07:30am EDT 

Tata Consultancy Services Ltd:Recommends dividend of 0.29 Indian rupees on Redeemable Preference Share of one India rupee each.This in compliance of the terms of the issue of the Redeemable Preference Shares, would be paid on pro-rata basis for the period April 01, 2013 till the date of redemption (March 27, 2014).  Full Article

Tata Consultancy Services recommends final dividend
Wednesday, 16 Apr 2014 07:25am EDT 

Tata Consultancy Services Ltd:Recommends Final Dividend of 20 Indian rupees per equity share of one Indian rupee each.Paid on the seventh day from the conclusion of the Annual General Meeting.  Full Article

India's Tata to invest $35 bln over 3 years, focus on new businesses

MUMBAI, July 30 - Indian conglomerate Tata group will invest about $35 billion over the next three years to focus on new business areas such as infrastructure, defence and aerospace, as well as expanding its global footprint.

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