ITC, Maruti Suzuki India, Tata Consultancy Services (TCS), Wipro, HDFC Bank and Cipla from the 30 share S&P BSE Sensex index hitting their respective 52-week lows after the index tanked 660 points during intra-day trade.

ACC, Ambuja Cements, Kotak Mahindra Bank, Nestle India, Thermax and Tech Mahindra are from the 73 stocks from BSE500 index touching their 52-week lows.

Tata Consultancy Services (TCS) today in a statement said that all is well in its biggest vertical banking and finance vertical.

The company in a statement to the exchanges said the segment continues to grow and is ahead of its overall performance. The company said it wanted to allay market fears on demand in this vertical.

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been rated as the world’s most powerful brand in IT services by Brand Finance, a leading brand valuation firm.

In a filing to the stock exchanges, TCS said that it has been recognised as the fastest growing brand within industry over the last six years. The company’s overall brand value has increased from $2.34 billion in 2010 to $9.04 billion in 2016, a growth rate of 286%.

The suspected data breaches by few BPO staffers of Wipro in Kolkata is likely to impact the Bengaluru-based company’s relationship with the client TalkTalk for whom these employees were working for. The Kolkata police last week had arrested three employees of Wipro who were handling British telecom firm TalkTalk’s back-office operations out of India, on charges of stealing of customers’ data.

The recent arrest could be linked to the data breach that TalkTalk went through in October last year when around 157,000 of its customer data including their bank account details were stolen. "Following the October 2015 cyber attack, we have been conducting a forensic review to ensure that all aspects of our security are as robust as possible - including that of our suppliers," said a statement by TalkTalk published in British public broadcaster, BBC.

The earnings season so far has been by and large disappointing with most heavyweights not living up to expectations —TCS, Wipro, ITC and Idea Cellular have all turned in numbers that were below estimates — and just a couple of strong performances from Infosys and Reliance Industries. A sluggish economy, in which there is very little investment taking place and unutilised capacity remains high, has virtually killed the demand for capital goods.

Bengaluru: Cognizant Technology Solutions Corp. has done more business or added more incremental revenue in calendar year 2015 than India’s three largest software firms, including Tata Consultancy Services Ltd (TCS), Infosys Ltd and Wipro Ltd, put together—a fact which underlines why last year was bad for the poster boys of India’s $146 billion outsourcing sector.

Tata Consultancy Services Ltd (TCS) on Tuesday said that its performance in the December quarter was pretty steady, barring the sharp decline in its India business. But analysts and investors are growing tired of such assessments. The company’s growth has fallen short of the Street’s expectations for six straight quarters now, and investors’ patience is running thin.

TCS Q3 results today: Kotak Institutional Equities expects the company to register a constant currency revenue growth of 1 per cent after taking an impact of 60 basis points from Chennai floods.

IT major Tata Consultancy Services (TCS) is slated to announce its third quarter earnings on Tuesday. The December quarter for overall IT companies is seasonally weak owing to furloughs and a lower number of working days. This time the woes were compounded by the recent floods in Chennai.

As Tata Consultancy Services (TCS), India's largest IT services company kickstarts the earning season on Tuesday for the December quarter, its financial numbers are expected to be keenly watched out for given that the Mumbai-headquartered company had earlier hinted its revenue growth to be impacted because of the disruption of works due to Chennai floods.

In December last year, the company had said that it was 'expecting material impact' on the company's revenues as the torrential rains and subsequent floods in Chennai impacted the normal functioning of its offices. Industry analysts however don't expect much of a pressure on the company's growth in October-December period of FY16.

MUMBAI: TCS, ITC, HCL Tech, Tata Motors, Idea Cellular and MRF are among the stocks identified by Ambit Capital that could fetch multi-fold returns. The brokerage has identified 30 stocks in the BSE 500 index based on accounting quality and corporate governance filters.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.