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TCS TO BUY PORSCHE IT UNIT
TCS to buy Porsche's IT unit, bags 5-year deal worth $1.5 billionTCS Porsche IT unit acquisition: In a five-year deal tied to the acquisition, Porsche has committed €1.25 billion to TCS and the unit for ...- TCS secures €1.25 billion five-year strategic deal with PorscheTata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition o...
- TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...
- Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The br...
- Mcap of four of top-10 most valued firms erodes Rs 87,960 cr; Airtel takes biggest hitThe mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & Toubro climbed Rs 3,487.83 crore to ...
- India buys its most expensive LNG in years as war upends marketIndian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as t...
- AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
- TCS joins European T20 Premier League as digital transformation partnerTata Consultancy Services will partner with the European T20 Premier League. They will develop an AI-powered digital ecosystem for the new ...
- Dividend alert! Last day to buy Senco Gold, NALCO and 8 other stocks for dividend rewardsToday is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 24), m...
- AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities snapped a seven-session losing streak as falling US bond yields, short-covering and stronger sentiment lifted markets. Sens...
- IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%IT stocks extended gains for the second straight session, with Coforge and Persistent Systems leading the rally. Infosys, Wipro, TCS and Te...
- Coforge shares jump 3% after IT major launches private equity unitCoforge shares climbed on Thursdat after the IT services company launched a dedicated Private Equity business unit to help funds drive oper...
- Dividend alert! Last day to buy LIC Housing Fin, Hitachi Energy and 36 other stocks for dividend payouts. How many do you own?Under Sebi's T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure ...
- Shiprocket shares soar 10% after bumper market debut, rally 48% from IPO price. Time to buy or sell?Shiprocket shares extended their post-listing rally, after making a strong debut at a 35% premium to the IPO price. The stock touched Rs 14...
- L&T buys over 2 cr units of Nxt-Infra Trust for Rs 199 crLarsen & Toubro made a strategic move by purchasing over two crore units of Nxt-Infra Trust for Rs 199 crore via an open market transaction...
- IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
- Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
- US ‘Tomb Raiders’: Mother, daughter and boyfriend allegedly stole cemetery valuables across nine states, including items worth $35,000 in FloridaAuthorities are searching for three Indianapolis residents accused of a multi-state cemetery theft spree. These suspects allegedly targeted...
- Volkswagen owners urge urgent action to cut costs, fend off China rivalsVolkswagen's controlling families are urging management to act now. They emphasize the company's historic crossroads and need for sustainab...
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