Tuesday, 2 July 2013

Tata Consultancy Services gains on unveiling digital wallet app 'QuickPass

Tata Consultancy Services is currently trading at Rs. 1497.05, up by 5.35 points or 0.36% from its previous closing of Rs. 1491.70 on the BSE.

The scrip opened at Rs. 1494.05 and has touched a high and low of Rs. 1506.90 and Rs. 1474.00 respectively. So far 2,830 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1598.00 on 07-Mar-2013 and a 52 week low of Rs. 1175.50 on 17-Jul-2012.

Last one week high and low of the scrip stood at Rs. 1525.00 and Rs. 1382.10 respectively. The current market cap of the company is Rs. 2,93,005.00 crore.

The promoters holding in the company stood at 73.96% while Institutions and Non-Institutions held 21.58% and 4.46% respectively.

Tata Consultancy Services (TCS), the leading IT services, consulting and business solutions organisation, has launched the latest innovation from its insurance vertical with the release of TCS Insurance QuickPass - an app that allows insured drivers to maintain a true digital wallet that includes a digital version of their insurance card and other critical policy and resource information on their smartphones.

This new solution not only eliminates the need for printing insurance cards and reduces the risk of losing valuable information, but empowers users to access all of their current insurance policies. Users can take and store photos and carry their review policy details anywhere, anytime. These end user benefits will help insurance companies increase customer satisfaction and loyalty by providing consumers with a solution they both want and need.

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