TCS gains on featuring as 'Front Runner' in Digital Transformation Services

TCS gains on featuring as 'Front Runner' in Digital Transformation Services

Sep 23,2014   10:10 Hrs IST

Tata Consultancy Services (TCS) is currently trading at Rs. 2759.00, up by 38.40 points or 1.41% from its previous closing of Rs. 2720.60 on the BSE. The scrip opened at Rs. 2726.00 and has touched a high and low of Rs. 2780.00 and Rs. 2725.00 respectively. So far 15868 shares were traded on the counter. The BSE group 'A' stock of face value Re. 1 has touched a 52 week high of Rs. 2735.00 on 22-Sep-2014 and a 52 week low of Rs. 1911.10 on 01-Oct-2013. Last one week high and low of the scrip stood at Rs. 2735.00 and Rs. 2548.30 respectively. The current market cap of the company is Rs. 540853.76 crore. The promoters holding in the company stood at 73.90 % while Institutions and Non-Institutions held 21.63 % and 4.47 % respectively. Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, has been recognized as a ‘Front Runner’ by analyst firm HfS Research in its ‘Digital Transformation Services: An HfS Blueprint Primer’, authored by Ned May, Senior Vice President, Digital Transformation Services & Solutions, HfS Research. The report analyzed more than 2,500 data points with 11 leading global IT Service providers in mobility, analytics and cloud, who were ranked in HfS’ annual enterprise buyer survey. Interviews were conducted and data was collected during Q4 2013 through Q2 2014, covering buyers, providers, advisors, and influencers of digital transformation services. Ratings were based on the evaluation of service provider’s offerings, structure and strategy in innovation and execution. TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

Reliance Industries’ telecom arm inks MSA with Indus Towers

Reliance Industries’ telecom arm inks MSA with Indus Towers

Sep 23,2014   09:13 Hrs IST

Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (RJio), the only pan India operator with BWA spectrum preparing to launch 4G services has inked a Master Services Agreement (MSA) with Indus Towers, for tower infrastructure sharing. Under the agreement, Reliance Jio would utilize the telecom tower infrastructure services being provided by Indus Towers to launch its services across the country. As per the agreement, the pricing would be based on prevailing market rates. The agreement will help in avoiding duplication of infrastructure and preserving the environment. It will also ensure seamless services to Reliance Jio customers through Indus’ world class tower infrastructure.