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Reliance pips TCS to become most-valued firm

Friday, November 16, 2018, 4:46 PM

Shares of Reliance Industries (RIL) Friday rose over 2% helping the oil-to-telecom major pip Tata Consultancy Services (TCS) to become the most-valued company in terms of market capitalisation. In afternoon trade on BSE, RIL's market capitalisation was Rs 7,14,573.46 crore, while India's largest IT firm by revenue TCS slipped to the second spot with a valuation of Rs 7,03,891.09 crore.
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TCS looks to scale interactive business organically

Tuesday, November 6, 2018, 1:21 PM

Tata Consultancy Services will focus on growing its interactive business organically and making India a talent hub for business, after making its first acquisition in the space last week. Indian IT companies are taking aim at the lucrative market of offering services to chief marketing officers. Accenture pulls in about $8-billion in revenue a year from the business, after making a slew of acquisitions.
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Indias TCS faces US jury over why it fires so many Americans

Monday, November 5, 2018, 8:20 PM

India's IT outsourcing giant Tata Consultancy Services Ltd. needs to offer a good explanation for why engineers hired at its American outposts are 13 times as likely to be fired if they're not South Asian. The company is set to go on trial Monday in California over racial discrimination claims by American workers who lost their jobs at TCS offices in the U.S.

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