With Rs. 16,000 Crore Buyback Announcement, TCS Puts Pressure On Other Top IT Firms

20-02-2017

A share buyback programme is a way to return money to shareholders. TCS said the share buyback will happen at price of Rs. 2,850 under tender offer route The board of Tata Consultancy Services or TCS today announced a share buyback or repurchase programmme of up to Rs. 16,000 crore, sending the shares of India's biggest outsourcer as much as 6 per cent higher. Today also marked the last day of Natarajan Chandrasekaran, popularly known as Chandra, as chief executive officer and managing director of TCS. Tomorrow, he would be stepping into a bigger role, as chairman of Tata Sons, the holding company of the $100-billion salt-to-software Tata conglomerate. Replacing Mr Chandra at TCS will

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Google Pixel XL review: It’s as good as the iPhone 7 Plus
January 15, 2017

The Google Pixel XL is as good as the iPhone 7 Plus and makes jumping to Android painless. Though the 5-inch Pixel and 5.5-inch Pixel XL are the first Google-branded phones, the company has a fairly long history of designing and making phones. The Moto X, via Google’s (albeit brief) ownership of Motorola Mobility, was in effect a Google phone.

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WhatsApp Denies Encrypted Messages Can Be Intercepted
January 14, 2017

WhatsApp has denied the reports that encrypted messages on its platform can be read or intercepted, saying it has a design decision relating to message delivery, with new keys being generated for offline users in order to ensure messages do not get lost in transit. The Guardian reported on Friday that a security vulnerability that can be used

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Solar-powered boat starts service in Kerala
January 13, 2017

Kottayam, Jan 12 (PTI) Launching a solar-powered boat service at Vaikom in the district, Union Power Minister Piyush Goyal today said the Centre would extend support to introduce more such boats in Kerala's waters as it is keen to promote environment friendly projects. Goyal launched the service in Vaikom-Cherthala-Thavanakadavu waterways along

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Anti-science culture is growing, need to engage and educate, say Nobel Laureates
January 13, 2017

Nobel Laureates Serge Haroche (Physics 2012), Harold Varmus (Medicine 1989), William E Moerner (Chemistry 2014) in New Delhi on Thursday. Harikrishnan Nair Moerner, Varmus, and Haroche were in Delhi Thursday to attend the Nobel Prize Series—India Programme 2017, a conference organised by Nobel Media AB, Sweden, in collaboration with the

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Google wants to make encryption easier for everyone
January 13, 2017

REUTERS/Aly Song/File Photo The Key Transparency project hopes to eliminate some of PGP's headaches. As more and more of our daily lives take place online, more and more sites, apps and services are increasing their encryption to keep users' data safe and secure. However, being the web monolith that it is, Google's Security and

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Infosys Hits $10 Billion Milestone, Names Ravikumar As New Deputy COO
January 13, 2017

Infosys has appointed Ravikumar S. as Deputy Chief Operating Officer reporting to Pravin Rao, Chief Operating Officer, with immediate effect. Infosys now expects to post a constant currency revenue growth of 8.4-8.8 per cent in FY2016-17. HIGHLIGHTS Infosys reports net profit of Rs. 3,708 crore in December quarter. Infosys crossed $10

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