London: Tata Consultancy Services, a leading global IT services, consulting and business solutions organisation, has been named number one for customer satisfaction in the UK by the Whitelane Study - one of the country's largest independent report of IT service providers.

NEW DELHI: On Thursday, shares of Tata Consultancy Services (TCS) turned ex-bonus. With this, the company's stock price will halve today.

A share is called as “ex-bonus” when a buyer does not get the right to receive the current bonus.

Mumbai: Shares of Tata Consultancy Services on Friday attained a milestone when its market valuation briefly crossed the Rs 7-lakh crore mark. The country's largest IT services company becomes the first listed firm to achieve this level.

During intra-day trades, the market valuation of TCS rose to Rs 7,03,309 crore. This came after its share hit a new 52-week high of Rs 3,674.

Tata Consultancy Services (TCS) , the country's biggest software services exporter, saw its market capitalisation (market-cap) cross Rs 7-trillion mark, adter the stock price of the company hit a new high of Rs 3,668 on the BSE in early morning trade.

At 09:19 am; TCS was trading 1.7% higher at Rs 3,666 have market-cap of Rs 7.91-trillion, the BSE data shows.

Tata Consultancy Services (TCS) CEO and MD Rajesh Gopinathan's remuneration in FY18 was 212 times compared to the median remuneration of TCS employees in the financial year. Among the executive and non-executive directors of the company, as disclosed in the annual report, COO N Ganapathy Subramanium came second highest at almost 180 times that of the median employee earning.

Mumbai: Rajesh Gopinathan, the CEO of Tata Consultancy Services (TCS), saw his remuneration rise to Rs 12.49 crore in 2017-18.

While Gopinathan received a total pay of Rs 6.22 crore in 2016-17, the numbers are not comparable as he assumed charge as the managing director and CEO of the country's largest IT services firm in February 2017.

Tata Consultancy Services (TCS) hit a record high of Rs 3,585, up 2.4% on the BSE in otherwise subdued market, after information technology company fixed Saturday, June 2, 2018 as the record date for determining the entitlement of members to receive bonus shares in the ratio of 1:1.

Mumbai: Even when the market rose 6.65% in April, mutual funds’ top stock sales in the month in the large-cap space included software exporter Tata Consultancy Services Ltd (TCS), private lender ICICI Bank Ltd. and supermarket chain Avenue Supermarts Ltd.

Mutual funds invested a net of Rs9,435.64 crore in Indian equities in April, data from Securities and Exchange Board of India (Sebi) showed.

New Delhi: India’s largest IT services firm TCS said on Tuesday it has expanded operations in Arkansas, US with over 200 employees joining the company as part of the Transamerica deal.

In January, Tata Consultancy Services (TCS) had signed a deal worth over $2 billion with Transamerica to administer the latter’s life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products, and manage the administration of more than 10 million policies.

Tata Consultancy Services Ltd. maybe basking in the afterglow of joining the $100-billion club, but it is the company’s rival Infosys Ltd. that is a preferred buy for analysts.

Of the 44 analysts covering both companies, 38 have a buy or equivalent rating on Infosys, India’s original poster child for software development. This compares with 19 buys for TCS, Asia’s largest software exporter, according to data compiled by Bloomberg.

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