TCS Falls as IT Pack Wary of Street Margin Issues, Variable Pay
Shares of Tata Consultancy Services (TCS) continued to be under pressure as the industry faced margin headwinds amid a split among brokers. At the same...
Tag : infosys
TCS to Roll Out 100% Variable Pay for Employees
On Tuesday, Tata Consultancy Services (TCS) said that it will pay out 100% variable pay for its 600,000 plus employees. The statement came days after...
The India Tech Stock Declines 2% As Macro Concerns Increase
The National Stock Exchange saw opening deals on Tuesday with shares of Indian IT service companies Infosys Ltd., HCL Technologies Ltd., Wipro Ltd., L&T Infotech,...
Infosys Cuts Average Variable Payout to 70% for June Quarter
IT major Infosys has decided to decrease the average variable payout of employees to 70% because of falling operating margins in the first quarter of...
Nifty50 Down 17,350 Led by Financial, IT and FMCG Shares
India’s stock market benchmark opened lower on Tuesday, the second day of its most significant drop in more than two months, weighed down by weakness...
Sensex, Nifty50 Edge Lower on Weakness In IT, Pharma Stocks
India’s stock market benchmark fell on Thursday, pulling back from a four-month high on weakness in IT, healthcare and oil and gas stocks. Globally, investors...
Sensex, Nifty Bounce Back After Days of Respite After RBI Policy
Equity benchmarks closed slightly higher on Friday after the Reserve Bank raised key interest rates to cool stubbornly high inflation and defend the rupee. Traders...
Sensex Up 200 Points, Nifty50 Tops 17,400 Ahead of RBI Policy Announcement
The Indian equity benchmark opened in the green on the last trading day of the trading week ahead of the Reserve Bank of India’s key...
Nifty50 Falls, 10% Led By 17,500-Point Gain in Financials, IT and Metals Stocks
India’s stock market benchmark opened higher on Thursday, boosted by strength in financial, IT and metals stocks, but the upside was limited by weakness in...
Sensex Gains 1,041 Points Led by Financial, Tech Stocks
On Thursday, the benchmark stock index surged nearly 2% after the world signalled. The US Federal Reserve took a “less aggressive” stance to continue tackling...