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TCS BLOCK DEAL
WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail LightingIndian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in th...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
YC partner on AI's funding gap, Indian startups; TCS CEO talks IT's resilienceHappy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the top while early founders scramble fo...
Block deals worth over Rs 8,228 crore this week; TCS, ICICI Bank, Power Grid lead the actionThe small-cap segment saw Rs 812 crore worth of block deals this week. Ramco Industries led the small-cap deals with Rs 327 crore, followed...
Best quarter in 14 years: Block trades raise $7.1 bn as Tata, BAT cash inShareholders have raised $7.1 billion selling their holdings in India so far this year, with the quarter on track to have raised the most f...
Tata Sons confirms selling 2.34 crore shares of TCS in block dealFollowing the stake sale, Tata Sons' stake in TCS has fallen to 71.74% from 72.38% earlier. The impact of the large block deal has been neg...
Why is Tata Sons milking Rs 9,000 crore from its biggest cash cow TCS? 4 possible reasonsTata Sons leverages TCS stake sale amid a bull run to capitalize on good valuation and high market value. Strategic cashing out allows debt...
Tata Sons sells over 2 crore shares of TCS in Rs 9,000-crore block deal, stock down 3%Tata Sons sold over 2 crore TCS shares in a block deal, causing a 3% price drop. The deal is likely worth Rs 9,000 crore. Tata Sons owned 7...
RIL and a dozen other stocks see block deals todayAs per ET NOW, multiple block deals took place earlier today, with 41.3 lakh Reliance shares changing hands; 12.6 lakh TCS shares; 29.7 lak...
NSE-BSE Bulk Deals: Vanguard sells Rs 1,286 cr shares in HDFC, Infosys, HUL and 27 othersVanguard sold shares of the 30 stocks in several block deals to VFTR C Institutional Total International Stock Market Index Trust II.
NSE-BSE bulk deals: JP Morgan Funds buys TCS, Gujarat Pipavav sharesHere’s who bought and sold what in some of the key bulk and block deals of the day.
ETMarkets After Hours: 10 things you need to know about Monday’s marketThe Sensex added 35 points to close at 34,450, while the Nifty50 shut shop at 10,585.
TCS plunges over 5% post block dealsTata Sons sold a 1.48 per cent stake in the IT services firm to raise Rs 8,127 crore.
TCS, Tech Mahindra in race for IT arm of S Korea’s KT CorpTCS and Tech Mahindra are expected to submit their bids on Nov 25, a source with direct knowledge shared.
- Tata Sons sells 1% in TCS to repay JLR loan
Tata Sons has sold around 1% of its stake in TCS, the group’s biggest company by market cap, to help refinance a $2-billion bridge loan tak...
- Tata Sons sells 1% in TCS to repay JLR loan
Tata Sons has sold around 1% of its stake in TCS, the group’s biggest company by market cap, to help refinance a $2-billion bridge loan tak...
- TCS captures Citi captive in $505-m deal
India’s largest IT service provider Tata Consultancy Services (TCS) has concluded a deal to acquire Citigroup Global Services Ltd (CGSL).
- TCS close to buying Citi's BPO arm for $550 mn
Tata Consultancy Services (is close to acquiring Citigroup’s captive BPO arm Citigroup Global Services (CGSL).
- FIIs hungry for more, buy equities
CLSA, HSBC, Citigroup & Merrill Lynch have emerged as the most active foreign investors.