🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Mcap of 8 of top-10 most-valued firms jumps Rs 1.83 lakh cr; TCS, Infosys biggest gainers
YourStory
·
1y ago
Medial
Eight out of the top 10 most valued companies in India witnessed a significant increase in their market valuations last week. Tata Consultancy Services (TCS) and Infosys were the major gainers, following a rally in equities. The market capitalization of TCS rose by Rs 38,894.44 crore, while Infosys added Rs 33,320.03 crore. Reliance Industries, ICICI Bank, Life Insurance Corporation of India (LIC), Hindustan Unilever, ITC, and State Bank of India also experienced notable gains. However, HDFC Bank and Bharti Airtel witnessed a decline in their market valuations.
View Source
Related News
Mcap of 7 of top 10 firms declines ₹62,279 crore; RIL takes biggest hit
Livemint
·
1y ago
Medial
In the top 10 pack of Indian companies, Reliance Industries, TCS, ICICI Bank, Hindustan Unilever, ITC, State Bank of India, and Bharti Airtel saw a decrease in market valuation, while HDFC Bank, Infosys, and Bajaj Finance experienced gains. Reliance Industries lost ₹38,495.79 crore, while HDFC Bank gained ₹10,917.11 crore. Overall, Reliance Industries remained the most valued firm in the ranking.
View Source
Top Indian Firms Lose ₹1.65 lakh crore in market value; HDFC bank suffers the most
YourStory
·
1m ago
Medial
Eight of India's top ten firms lost a combined market value of ₹1.65 lakh crore, with HDFC Bank suffering the largest decline by ₹47,075.97 crore. Reliance Industries, ICICI Bank, and State Bank of India also faced significant losses. The market capitalization of Bharti Airtel, LIC, Bajaj Finance, and Hindustan Unilever decreased as well. Meanwhile, TCS and Infosys bucked this trend, experiencing gains in their valuations.
View Source
Market Valuation of 9 of Top-10 Most Valued Firms Jumps ₹1 Lakh Cr; RIL, HDFC Bank Lead Gains
OutlookIndia
·
2m ago
Medial
Nine of India's top-10 most valued firms, led by Reliance Industries and HDFC Bank, added over ₹1 lakh crore to their market valuation in a week. The BSE Sensex rose by 737.98 points, indicating a positive market trend. Reliance Industries saw the largest gain of ₹30,786.38 crore, followed by HDFC Bank with a ₹26,668.23 crore increase. Tata Consultancy Services was the only firm among the top-10 to experience a decline.
View Source
HCL Tech may trade at a higher premium due to projected growth: Rahul Jain
Economic Times
·
28d ago
Medial
HCL Tech’s valuation discrepancy with peers like TCS and Infosys has narrowed due to its consistent growth, potentially leading to a premium. Despite past discounts, mid-cap firms now receive valuation reratings if they deliver steady growth. In contrast, TCS and Infosys face moderated expectations, with potential tactical opportunities if their commentary improves. Overall, the IT sector explores evolving trends, with some companies poised for reratings amid mixed earnings and external challenges.
View Source
As TCS loses shine, investors place hopes on Infosys, HCLTech
Livemint
·
26d ago
Medial
Tata Consultancy Services (TCS) is losing investor confidence, with its shares declining over 20% this year due to weaker revenue growth and fewer large deals compared to rivals Infosys and HCL Technologies. While TCS trades at a lower price-to-earnings ratio, raising concerns about its competitive edge, investors are shifting their focus to Infosys and HCLTech, the second and third-largest IT services firms in India, which are displaying more favorable growth prospects.
View Source
Gautam Adani’s net worth increases by ₹10 lakh crore in 5 years: Check full list of India’s biggest wealth gainers | Company Business News
Livemint
·
9m ago
Medial
Gautam Adani and his family have become the biggest gainers of wealth in the past five years, according to the Hurun India Rich List. The Adani enterprise has seen a significant increase in wealth, accumulating ₹10,21,600 crore in the energy sector. This surge in net worth has pushed Adani to the top of the rich list, surpassing Mukesh Ambani with a total wealth of ₹11.6 lakh crore. Other notable gainers on the list include Reliance Industries' Mukesh Ambani and his family, Aditya Birla Group's Kumar Mangalam Birla, and HCL's Shiv Nadar and family.
View Source
At $2.5 billion, this is TCS’s biggest deal ever
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) has confirmed a 15-year outsourcing deal with Aviva for at least $2.5 billion, making it the company's largest outsourcing deal to date. The agreement involves TCS overseeing the administration responsibility for 5.5 million life and pension policies offered by Aviva until 2039. This marks the third mega deal won by TCS under CEO K. Krithivasan. Mega deals have become crucial for TCS's growth, as they can provide 2-3% revenue contribution to large IT firms like TCS, Infosys, and HCL Technologies.
View Source
Tech Inc hopes to do a SAP with Nvidia this time
Livemint
·
9m ago
Medial
Indian tech services companies, including Tata Consultancy Services (TCS), Infosys, Wipro, and Tech Mahindra, are partnering with chip giant Nvidia to leverage artificial intelligence (AI) capabilities. TCS has launched an AI-focused business unit, Infosys has developed language models using Nvidia's platforms, Wipro has created AI-based templates, and Tech Mahindra has established a center of excellence for AI adoption. The partnerships enable these companies to meet client demands for Nvidia's GPUs and AI platforms, while Nvidia expands its ecosystem. This move is reminiscent of similar alliances with software firms SAP and Oracle.
View Source
How HCLTech bucked the shrinking headcount trend
Livemint
·
1y ago
Medial
Major Indian software services companies, such as Tata Consultancy Services (TCS) and Infosys, witnessed a decline in their collective headcount in the recently concluded financial year. TCS reported a reduction of 13,000 employees, Infosys cut around 26,000 positions, and Wipro decreased its workforce by 23,000. Conversely, HCL Technologies was the only company among the top four to see an increase in headcount. These changes in headcount are monitored as an indicator of sales and billings for IT services firms. However, the link between headcount and sales may change with the advent of artificial intelligence.
View Source
Growth, profitability drive up TCS, HCLTech valuation
Economic Times
·
1y ago
Medial
The largest tech companies in Mumbai, such as TCS and HCLTech, have been rewarding investors with positive returns, while other companies like Infosys, Wipro, and Tech Mahindra have seen negative returns. The ability to sustain profitability in weak market conditions has been a key factor in investor rewards. Mid-tier firms like Persistent and Coforge have also performed well. Margins have played a role in valuations, with TCS and HCLTech maintaining strong margins while others have seen declines. Cost improvements and investments in AI have helped IT firms defend margins.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
