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BusinessToday.In
April 24, 2018
According to Salil Parekh, the company's new strategy rests on four pillars: Scaling up digital, energising the \"core\" using automation and AI, reskilling the workforce and expanding localisation.


Aseem Thapliyal
April 23, 2018
The initial public offer (IPO) opened on July 29, 2004 and closed on August 5, 2004. 55,452,600 equity shares of Rs 1 each were put on sale during the IPO. In addition, the green shoe option offered 83 lakh shares.


Aseem Thapliyal
April 23, 2018
\"This is the start of the next big run for TCS\", chairman of Tata Sons N Chandrasekaran told a business news channel. The Mumbai based-IT firm has crossed the market capitalisation of NYSE- listed fortune global 500 company Accenture ($98.60 bn).


E Kumar Sharma
New Delhi, April 21, 2018
TCS, the oldest Indian IT company seems to be better positioned with greater stability in its strategy and slightly ahead in terms of spending. In contrast, Infosys is still busy coping with internal changes.


www.businesstoday.in
New Delhi, April 20, 2018
Yogesh Mehta, vice president, retail research at Motilal Oswal, takes us through the market action this week. Sensex and Nifty ended higher for the fourth straight week. The Sensex rose by 222.93 points, or 0.65 per cent while the NSE Nifty gained 83.45 points, or 0.80 per cent, during the period.


www.businesstoday.in
New Delhi, April 20, 2018
Amar Singh, Head Advisory at Angel Broking, takes viewers through all the market action today. The BSE Sensex fell 12 points to close at 34,415 as participants turned cautious after minutes of the last Monetary Policy Committee meeting indicated the Reserve Bank may shift to a hawkish stance in June. However, IT stocks stole the show, with TCS emerging as the top performer in the Sensex pack, a day after the company reported a 4.4 per cent rise in March quarter net profit and guided towards a better show in fiscal 2019.


BusinessToday.In
April 20, 2018
However, IT stocks stole the show, with TCS emerging as the top performer in the Sensex pack, a day after the company reported a 4.4 per cent rise in March quarter net profit and guided towards a better show in fiscal 2019.


BusinessToday.In
New Delhi, April 20, 2018
This is reportedly the first time in two years that the TCS has offered higher variable pay to its employees. The salary hike is effective from April 1. TCS has also announced 1:1 bonus of shares and a dividend of Rs 29 per share.


www.businesstoday.in
April 20, 2018



BT Guest Columnist
April 20, 2018
Most likely, you have heard fascinating stories of how companies like Wipro, Infosys and Eicher Motors created incredible wealth for its investors. Before you embark on your first equity investment, here are 11 things you must be absolutely clear about. That will allow you to be more pragmatic and realistic in your expectations from your equity investments.


BusinessToday.In
April 20, 2018
IT sector stocks rose the most among BSE sectoral indexes with the BSE  IT index trading 412 points or 3.24% higher at 13,136 level. The stock closed at 12,723 level on Thursday.


BusinessToday.In
April 20, 2018
The stock opened at 3,250 level and hit a fresh 52 week high of 3320 level within minutes of trade. The market capitalisation of the firm rose to Rs 6,31,734 crore on BSE.


BusinessToday.In
New Delhi, April 19, 2018
The taxman has cautioned salaried class taxpayers against using illegal tricks while filing their returns, like under-reporting income or \"inflating\" deductions and permitted exemptions.


BusinessToday.In
April 19, 2018
Revenue growth for the country's largest software exported is seen in Q4 at 2.2% Q-o-Q from 1.3% in the previous quarter, led by rampup of recently-won deals, brokerage Motilal Oswal said in a report. In Q3 of the last fiscal, the firm reported 1% percent rise in revenue to Rs 478.7 crore on QoQ basis. The revenue rose  9.1% from the year ago period.


BusinessToday.In
April 16, 2018
Tata Motors which closed 4.96% lower at 339 level was the top Sensex loser on reports that Britain's biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to fall in sales caused by uncertainty around Brexit and confusion over diesel policy.


BusinessToday.In
April 16, 2018
Infosys announced a conservative EBITA margin guidance of 22-24 percent for FY 19 (versus 24.3 percent in FY18), which analysts said spooked market. But the market seems to have got it all wrong. The lower guidance was expected by many under the leadership of Salil Parekh who took over the CEO of the $10 billion company on January 2 this year.


BusinessToday.In
April 16, 2018
At 9:37 am, the stock was trading at 1,125 level, 3.70% and 4% lower on BSE and NSE, respectively. On Friday, the stock closed 0.58% higher at 1,169 level on BSE before the earnings were announced in evening.


BusinessToday.In
April 15, 2018
Panaya was acquired in 2015 under the then Infosys CEO Vishal Sikka who later had to resign over the differences between board members and the founders including NR Narayana Murthy. And one of the issues that led to Sikka's removal was the acquisition of Israel-based IT firm Panaya.


www.businesstoday.in
April 14, 2018



E Kumar Sharma
New Delhi, April 14, 2018
Shaw said that Infosys is entering a new phase under new leadership and there is strong focus on new growth areas.


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