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IT Sector Faces Sharp Selloff Amid Weak US Economic Outlook The Indian information technology (IT) sector witnessed heavy selling pressure on Monday, February 24, as concerns over weakening US economic indicators and trade policy uncertainties triggered a broad-based decline in IT stocks. The NIFTY IT index, which tracks the performance of major IT companies listed…
Posted on February 21, 2025, by Niftynews Tata Consultancy Services (TCS) is making headlines after announcing a strategic partnership with Salesforce, a global leader in Customer Relationship Management (CRM). This collaboration is set to help businesses in the manufacturing and semiconductor industries leverage AI to unlock new growth opportunities. Key Highlights of the Tata Consultancy Services…
Posted on February 18, 2025, by Niftynews Tata Consultancy Services (TCS salary hike) has confirmed that it will implement its annual salary increments in March, with payouts starting in April. The TCS salary hike range will be between 4% and 8%. The company also ties these salary hikes to compliance with its return-to-office (RTO) policy, which…
The Indian equity market staged an impressive recovery on January 10, with the Sensex bouncing back 800 points from its day’s low and the Nifty reclaiming the crucial 23,550 mark. Early morning trades saw market indices opening weak, weighed down by global cues and profit-booking. However, a strong buying spree in heavyweight stocks led by…
TCS Q3 Results: Strong Profit Growth Amid Revenue Challenges Tata Consultancy Services (TCS), India’s largest IT services firm, announced its financial results for the third quarter of FY25 on January 9, delivering a mixed performance. While the company achieved a notable 12% year-on-year increase in net profit to ₹12,380 crore, its revenue growth remained tepid…