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India's TCS jumps 6% as CEO signals potential demand revival
By Nandan Mandayam and Hritam Mukherjee (Reuters) -Shares of India's Tata Consultancy Services rose 6% on Friday, set for the best day since July, as investors overlooked the company's tepid performance in North America and focused on the CEO's remarks signalling a potential revival in demand.
Strong commentary from TCS, signs of demand revival turns brokerages optimistic
Buoyed by signs of early demand revival, the management of TCS guided for stronger growth in CY25 and FY26 versus that seen in CY24.
TCS net profit jumps 12 per cent in Q3, sees early signs of revival for 2025
India’s largest IT services firm reported consolidated net profits that were in line with estimates, but its revenues missed the forecast of brokerages
India's TCS jumps 4% in pre-open trade on signs of demand revival
Shares of India's top software services exporter Tata Consultancy Services jumped 4% in pre-open trade on Friday, as investors cheered its assessment that there are early signs of a demand revival.
4h
on MSN
TCS Shares Gain After IT Firm Predicts Rising Tech Spending
Shares of Tata Consultancy Services Ltd. advanced after the company predicted an increase in technology spending by ...
Outlook Business
2h
TCS Drives Nifty IT Index Up 3%, Outperforms Broader Market: Here’s What Analysts Say
While the broader Indian stock market traded lower amid weak global cues, the Nifty IT index remained in positive territory ...
1h
TCS's outlook lends comfort, but a risk clouds FY26 revenue prospects
Early signs of demand recovery and robust deal wins are sentiment boosters for TCS, but the tapering BSNL project poses a ...
cnbctv18
3h
TCS plans to hire over 40,000 trainees next year, says US visa dependence is not significant
K Krithivasan, CEO and MD, TCS says “Our US visa dependency is not very significant. We have changed our model again, with ...
The Financial Express
3h
TCS shares jump 4% despite muted Q3: Here are 4 reasons why brokerages are bullish
Tata Consultancy Services have 'Buy' ratings from brokers despite mixed Q3 FY25 results; discover insights on stock ...
7h
Indian shares set for a muted start, with the focus on TCS
Indian shares are set for a cautious start on Friday at the end of a tough week in which foreign investors pulled out on ...
1h
on MSN
More confident and positive about 2025 compared to 2024; 2026 will be even better: TCS CEO K Krithivasan
TCS leaders are confident about future growth and advancements. They highlight investments in AI, talent development, and ...
The Week
2h
TCS quarterly profit jumps 12 per cent, shares soar on results
Tata Consultancy Services posts a quarterly net profit of Rs 12,380 crore on a revenue of Rs 63,973 crore, improving ...
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