TCS, Infosys have highest exposure to US regional banks: JPMorgan

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at J.P.Morgan said on Friday. Regional banks in the United States account for 2-3% of their revenue, J.P. Morgan said in a note, adding that the … Read more

TCS announcing another buyback on January 12. 4th since 2017.

TCS has informed that it would be considering buyback of it’s shares on January 12, 2021 along with the 3rd quarter results. Key points to note – Other than the general intimation that the board will consider buyback on January 12th, the Company has not provided any further details. This is the 4th buyback that … Read more

tcs mcx deal: TCS wins large deal from MCX to build new trading platform

Tata Consultancy Services Ltd. has won a large deal from the country’s largest commodity exchange Multi Commodity Exchange () to build a new technology platform for trading as well as post-trade functions. The project, dubbed Udaan, is among the largest and most complex projects that is currently undertaking in India, bringing low-latency, high volumes and … Read more