Tata Consultancy Services Will Work with the Energy Utility in its Transformation of the Electricity Network SYDNEY | MUMBAI : Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been selected as a strategic partner by Western Power, a state government-owned energy company, to assist in digitally transforming its software systems as part of the […]
TCS, Infosys, HCL Tech, IT sector Q1FY22 Results Preview: Strong Revenue Growth, Lower Margins, Wage Hike
Three of the top Indian IT companies — TCS, Infosys, and HCL Technologies — are expected to post a healthy set of numbers in the first quarter of FY22 earnings. Three of the top Indian IT companies — TCS, Infosys, and HCL Technologies — are expected to post a healthy set of numbers in the […]
TCS targets net zero emissions by 2030
Tata Consultancy Services to leverage Vision 25×25, Renewable Energy, and Digital Technology to reduce carbon emissions by 70% by 2025, and become a Net Zero Emitter by 2030. Tata Consultancy Services (TCS) has announced its plans to reduce its absolute greenhouse gas emissions across Scope 1 and Scope 2 by 70% by 2025 (over 2016 […]
Transaction in electricity & clean energy certificates are exempted from TCS & TDS
The Central Board of Direct Taxes (CBDT) issued new guidelines for the applicability of Tax deducted at Source (TDS) and Tax collected at source (TCS). Under the new guidelines, e-commerce operations which include transactions in electricity and trading of clean energy certificates (REC and ESCerts) are not subjected to TCS or TDS. CBDT states […]
Shapoorji Pallonji Group sells stake in TCS for the second time this month
The block deal is the second tranche of sale done by Shapoorji Pallonji in TCS this month alone. Before the first block deal, Shapoorji Pallonji held 74.45 lakh shares in TCS. Post both block deals, Shapoorji Pallonji now holds 34.05 lakh shares in TCS. Shapoorji Pallonji Group (SPG) has sold 19.5 lakh shares in India’s […]