Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
An ambitious exhibition tells the story of India as also the history of the world.
The winners for the year 2019 are from fields as diverse as agriculture, sports, handicrafts, afforestation and wildlife conservation, armed forces and education.
Revenue from its IT services business rose 9 percent to $1.86 billion.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
The TCS results are probably a pointer to the subdued outlook.
From round-the-clock surveillance of people and equipment to choosing the right materials for the building that contains the servers that store data, these facilities are truly state-of-the-art.
Most positives seem to be factored into current valuations.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
The organisers have become savvier about marketing the game.
The catchwords today are digital, analytics, robotics.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Market regulator Sebi has sought clarifications from the merchant banker of Videocon D2H Ltd, the satellite television arm of Videocon Group, regarding the company's proposed Rs 700 crore (Rs 7 billion) initial public offer (IPO).
A century-old European bicycle brand gets a makeover under its new Indian owner. But is there room for yet another premium commuter bike?
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
Sector added only 200,000 employees in FY16, down from 230,000 in FY15
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
The UK-based retailer can add to the best practices it already brings to Tata's retail business.
The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
ONGC was the top performer while private banking major ICICI Bank extended gains
Wipro makes it to the up-and-coming companies with potential to join the top 50 list.
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
Software services industry may have to relook its cost structure to maintain a higher margin.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
Money managers have turned cautious about the technology space.
Infosys continues to be interested in acquisitions.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
Mid- and small-cap companies seem to have done better than top-tier companies
TCS moved into new markets like France, Japan thanks to acquisitions.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
