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Tata Consultancy Services

Indian shares climb
Markets

Indian shares climb

BENGALURU: Indian shares ended points away from record levels on Monday, lifted by strong gains in financials and on...
Published 06 Jul, 2021 03:48am
India's Infosys posts 17.5pc fourth-quarter profit jump
Business & Finance

India's Infosys posts 17.5pc fourth-quarter profit jump

  • The company won large deals worth a total of $2.1 billion in the quarter and added 130 clients, up from 84 additions in the same period last year.
  • Infosys posted consolidated net profit of 50.76 billion rupees ($675.39 million) in the three months to March 31, up from 43.21 billion rupees a year earlier.
Published 14 Apr, 2021 05:15pm
Indian shares settle higher as IT, auto stocks gain
Markets

Indian shares settle higher as IT, auto stocks gain

  • The NSE Nifty 50 index ended 1.07% higher at 14,919.10, while the S&P BSE Sensex closed 0.9% higher at 50,296.89.
  • Infosys and Tata Consultancy Services gained 3.2% each, while the broader Nifty IT index closed 3.04% higher.
Published 02 Mar, 2021 06:03pm
India's Infosys raises revenue forecast as demand rises
Business & Finance

India's Infosys raises revenue forecast as demand rises

  • Larger rival Tata Consultancy Services reported higher third-quarter profit last week and forecast strong growth for the year ahead.
  • It expects annual revenue in the financial year to end-March 2021 to grow between 4.5% and 5% in constant currency terms, higher than 2% to 3% forecast earlier.
Published 13 Jan, 2021 05:48pm