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Six IT Firms in race to for setting up Public Credit Registry
The Reserve Bank of India (RBI) has shortlisted six major IT firms to set up a wide-based digital Public Credit Registry (PCR) for capturing details of all borrowers and wilful defaulters. The RBI will now seek request for proposal from the ..
Month: Current Affairs - December, 2018
TCS becomes first Company to close over Rs. 7 Trillion Market Cap
India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of over Rs. 7 lakh crore (over $103 billion). M cap is value of company that is traded ..
Month: Current Affairs - June, 2018
TCS becomes first company to achieve 7 lakh crore market capitalisation milestone
Tata Consultancy Services (TCS), the country’s most valued and largest IT outsourcing company created history by becoming the first Indian company to reach Rs. 7 lakh crore market capitalisation (m-cap) milestone. M-cap is value of company that is traded on ..
Month: Current Affairs - May, 2018
TCS becomes India’s first $100 billion IT company
Tata Consultancy Services (TCS), the country’s largest IT outsourcing company created history by becoming the first Indian company to reach $100 billion market capitalisation (m-cap) milestone. Market capitalisation is value of company that is traded on stock market, calculated by ..
Month: Current Affairs - April, 2018
What are Blue Chip Stocks?
Blue Chip Stocks refer to stocks of high value which give huge returns in the long run. They are shares of highly recognized and large companies which have proven record of sound financial output and standing. These stocks are highly ..
US court slaps 940 million dollars fine on two Tata group companies
The federal grand jury in the US State of Wisconsin has slapped 940 million US dollars fine against two companies of India’s Tata group – Tata Consultancy Services (TCS) and Tata America International Corp. They were fined in a trade ..