Mumbai, June 14 (IANS) The combined market valuation of eight of India’s 10 most-valued companies surged by Rs 1.90 trillion last week, driven by a strong rally in domestic equities.The positive momentum came as benchmark indices posted solid gains during the week. The Sensex climbed 1,284.61 points, or 1.73 per cent, while the Nifty advanced 256.2 points, or 1 per cent.Market sentiment remained upbeat amid optimism over a possible peace agreement between the United States and Iran, which raised…
Latest Tata Consultancy Services News & Updates
Pune, June 13 (IANS) Almost 10 days after a 48-year-old IT engineer of Tata Consultancy Services (TCS) allegedly committed suicide over harassment at his office in Pune’s Hinjewadi, the police are hunting for three of his colleagues named in his suicide note. A case of abetment to suicide has been filed with the police against the two women and the man who were named as harassers by Amit Abhay Brahme.Brahme died by suicide at his house on June 2. During the investigation, the police found a two-…
New Delhi, June 11 (IANS) Indian IT giant Tata Consultancy Services (TCS) on Thursday announced a global strategic partnership with US-based AI firm Anthropic and said it will enable 50,000 associates across functions to use Claude as part of its enterprise-wide AI adoption strategy.According to TCS, it will set up a dedicated business unit to deliver joint industry solutions and deep AI expertise on the Claude family of models through early access to Claude models.It further noted that the part…
Mumbai, June 9 (IANS) Tata Consultancy Services Chairman N. Chandrasekaran said on Tuesday that the IT software services giant has not received any formal complaints through official channels in connection with the alleged sexual harassment cases at its Nashik unit, while assuring that strict action will be taken if any wrongdoing or procedural lapses are identified.The IT services major is also internally investigating any procedural failures within its Prevention of Sexual Harassment (POSH) me…
Mumbai, June 9 (IANS) Tata Consultancy Services expects a major transformation in the coming years, with artificial intelligence (AI) becoming deeply integrated into its workforce and operations, its Chairman N Chandrasekaran said on Tuesday.Speaking at the 31st Annual General Meeting here, he said that over the next three years, the company could have as many AI agents as human employees, marking a major shift in how work is done at TCS.He said the company is building what he called “the most…
Mumbai, June 7 (IANS) The combined market valuation of seven of the country’s top-10 most valued companies declined by Rs 1.25 lakh crore last week.During the same period, the Sensex fell 532.4 points, or 0.71 per cent, while the Nifty slipped 181.05 points, or 0.76 per cent.Among the major laggards, Reliance Industries Limited saw the sharpest erosion, with its market capitalisation falling by Rs 39,718 crore to Rs 17,47,321.40 crore.The stock continued to remain the most valued listed compan…
Mumbai, June 3 (IANS) Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks.Markets witnessed sharp volatility during the session, with heavy selling pressure in information technology stocks weighing on investor sentiment.However, buying in PSU banks, private banks, and healthcare stocks helped the indices trim losses from the day’s low.The Nifty closed 77.95 points or 0.3…
Mumbai, June 2 (IANS) Indian benchmark indices ended higher on Tuesday, supported by gains in information technology, metal, and consumer durable stocks, even as investors remained cautious ahead of key trade negotiations between India and the United States.The Nifty settled 100.95 points, or 0.43 per cent, higher at 23,483.55, while the Sensex advanced 382.50 points, or 0.52 per cent, to close at 74,649.84.Commenting on Nifty technical outlook, experts said that the 23,500–23,550 region remai…
Mumbai, May 31 (IANS) The combined market valuation of seven of India’s 10 most-valued companies declined by Rs 1.54 trillion during the holiday-shortened trading week.During the week, the Sensex fell 639.61 points, or 0.84 per cent, while the Nifty slipped 171.55 points, or 0.72 per cent, as investors remained cautious amid market volatility.Commenting on Nifty technical outlook, experts said that on the upside, immediate resistance levels are placed at 23,900 and 24,100. On the downside, suppo…
New Delhi, May 30 (IANS) The National Testing Agency (NTA) on Saturday promised to give another chance to all candidates who could not complete their Common University Entrance Test (CUET)-UG 2026 examination at their respective centres due to a technical glitch.In a message on X, the NTA said, “We know today’s unfortunate technical disruption caused distress for some CUET (UG) 2026 candidates. Candidates who did their Biometric Registration and were present at their examination centres today …