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IT stocks declined up to 6% on Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11%, TCS fell by 0.55% on the BSE.

Six of top-10 firms lose Rs 42,827 cr in m-cap

The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.

14 April 2019 2:10 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS shares end flat ahead of March quarter earnings announcement

On the NSE, shares of the company closed 0.31 per cent lower at Rs 2,013.05.

12 April 2019 4:42 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS, Google join hands to build industry-specific cloud solutions

TCS is a primary partner of Google Anthos - a platform for building, running and managing services both on-premises and...

10 April 2019 7:16 PM IST

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

TCS, HDFC, Infosys added Rs 40,597 cr to m-cap last week, HUL lost the...

In the ranking of top-3 firms, RIL stood at number one position, followed by TCS and HDFC Bank.

7 April 2019 4:23 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Elections, earnings to dictate market trend this week: Experts

Movement of the rupee, crude oil and foreign capital flows would also influence trading sentiment.

7 April 2019 11:35 AM IST

The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields.

H1-B visa restrictions compel Indian tech firms to hire more locals:...

Infosys led with 2,122 visa denials in fiscal year 2017-18, followed by its larger rival TCS with 1,896 rejections.

6 April 2019 10:47 AM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Flipkart, Amazon, Oyo top workplaces in India: report

Internet companies dominate the top 10 spots in LinkedIn's fourth edition of the '2019 Top Companies' list for India.

3 April 2019 1:18 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

IT stocks under pressure; TCS, Infosys down up to 2 per cent

Infosys fell to Rs 706.85, down 2.34 per cent over its previous close of Rs 723.80.

20 May 2019 11:18 AM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS CEO's annual pay rises 28 per cent, takes home over Rs 16 cr in...

TCS said employees outside India received a wage increase varying from 2 to 5 per cent.

17 May 2019 9:11 AM IST

The complaint alleges that in 2014, a senior Tamil Nadu official demanded a USD 2 million bribe from the construction firm responsible for building Cognizants 2.7 million square foot campus in Chennai. (Photo: Twitter))

IT shares tumble after Cognizant cuts growth outlook; TCS falls 3.70...

A strengthening rupee also weighed on the IT counters.

3 May 2019 5:16 PM IST

According to analysts at Kotak Securities, Q1FY18 net profit of the Nifty-50 index declined 8.4 per cent as compared to the same period last year, 1.8 per cent lower versus expectation.

Nifty50 to continue in consolidation mode

The US central bank's Federal Open Market Committee (FOMC) will announce its policy decision on Wednesday.

1 May 2019 2:32 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS hikes stake to 66 per cent in Japanese JV with USD 32.6 mn...

The company through TCS APAC, is acquiring 15 per cent stake from Mitsubishi Corporation.

24 Jun 2019 6:58 PM IST