Edition:
United States

Tata Consultancy Services Ltd (TCS.BO)

TCS.BO on Bombay Stock Exchange

2,223.90INR
2 Dec 2016
Change (% chg)

Rs-42.55 (-1.88%)
Prev Close
Rs2,266.45
Open
Rs2,265.00
Day's High
Rs2,269.90
Day's Low
Rs2,208.00
Volume
40,612
Avg. Vol
124,115
52-wk High
Rs2,740.00
52-wk Low
Rs2,054.70

Latest Key Developments (Source: Significant Developments)

Tata Consultancy Services Ltd accused in U.S. lawsuit of South Asian bias - Reuters
Thursday, 16 Apr 2015 10:45am EDT 

Tata Consultancy Services Ltd:Has been sued by a white American information technology worker who accused the company of overwhelming favoritism toward workers of South Asian descent in the United States - Reuters.In a complaint filed in San Francisco federal court, Steven Heldt said 95 pct of Tata's 14,000-person U.S. workforce descend from South Asia, primarily India, and that the company violated federal civil rights law by intentionally favoring them in hiring, promotion and termination decisions.Heldt said he experienced 'substantial anti-American sentiment' in his 20 months at Tata, including from a human resources manager who allegedly called Americans 'selfish and demanding.Despite claiming to have been in the industry since 1996, Heldt said Tata saddled him with 'menial' or no substantive work as it shuffled him between several jobs, ending with the Californian's firing in March 2014.Heldt is seeking class-action status for Tata workers and job applicants in the United States since April 2011 who are not of South Asian race or from India, Bangladesh and Nepal.He seeks a halt to discrimination, and unspecified damages.  Full Article

Tata Consultancy Services Ltd recommends final dividend
Thursday, 16 Apr 2015 08:10am EDT 

Tata Consultancy Services Ltd:Says it has recommended final dividend of 24 Indian rupees per equity share of 1 Indian rupee each.The dividend shall be paid on the seventh day from the conclusion of the annual general meeting subject to approval of the shareholders of the company.  Full Article

Tata Consultancy Services Ltd ties up with FinTech-Business Standard
Wednesday, 18 Feb 2015 02:06am EST 

Tata Consultancy Services Ltd (TCS):Has partnered with Startupbootcamp FinTech, to host the Pitch Days in India-Business Standard.The Pitch days will be held in the TCS campuses on Feb. 24 in Mumbai and Feb. 26 in Bangalore.  Full Article

Tata Consultancy Services Ltd (TCS) consolidates its long term partnership with the city of Amsterdam
Wednesday, 21 Jan 2015 01:47am EST 

Tata Consultancy Services Ltd (TCS):Announces the extension of its partnership with the TCS Amsterdam Marathon.Says in an agreement signed in the presence of the Vice-Mayor of the city of Amsterdam , the company renewed its title sponsorship of the Marathon until 2020, extending the original partnership by an additional five years.  Full Article

Virgin Atlantic Airways selects Tata Consultancy Services to support digital transformation programme
Tuesday, 20 Jan 2015 05:14am EST 

Tata Consultancy Services Ltd:Says Virgin Atlantic Airways signed multi-year partnership covering private cloud, infrastructure-as-a-service, end user services and application support services.  Full Article

Tata Consultancy Services Ltd (TCS) fixes record date for third interim dividend
Thursday, 15 Jan 2015 06:21am EST 

Tata Consultancy Services Ltd (TCS):Says that it has fixed Jan. 28, as record date for purpose of payment of third interim dividend.  Full Article

Tata Consultancy Services Ltd (TCS) declares third interim dividend
Thursday, 15 Jan 2015 06:17am EST 

Tata Consultancy Services Ltd (TCS):Declares third interim dividend of 5 Indian rupees per equity share of 1 Indian rupees each of the company.Further the company has informed that, third interim dividend will be paid to the equity shareholders of the company on Feb. 09.  Full Article

BRIEF-India's TCS partners with ASML to simplify business processes

* Partners with ASML to simplify business processes and enrich stakeholder experience Source text: http://bit.ly/2ftJUxy Further company coverage: