18 C
Indore
Saturday, March 6, 2021
Home Gadgets TCS overtakes Accenture to become world’s largest IT firm by market cap

TCS overtakes Accenture to become world’s largest IT firm by market cap


Mumbai: Tata Consultancy Services Ltd. (TCS) on Monday eclipsed Accenture Plc to grow to be the world’s largest IT firm by market cap. Within the course of, it additionally grew to become India’s most precious firm, overtaking Reliance Industries Ltd. (RIL) after 11 months.

The New York Inventory Change, the place Accenture is listed, is but to open for commerce on Monday.

TCS’ share worth fell 0.40% Rs 3,290 apiece — on the BSE at this time, imparting India’s largest software program providers exporter a market cap of $169.2 billion, or Rs 12.34 lakh crore. Accenture is at present valued at $168.4 billion, or Rs 12.27 lakh crore, on the NYSE. RIL’s market cap is at present at $168.5 billion, or Rs 12.29 trillion.

ETtech

TCS delivered better-than-expected Q3 results — its web revenue rose 7.3% year-on-year to Rs 8,701 crore in a historically weak quarter. Throughout October -December, The IT bellwether, a Tata Group firm, made two acquisitions to increase its presence within the European market and is prone to see extra massive deal wins, in line with the administration.

The NSE Nifty IT Index outperformed the broader indices in a pandemic 12 months as data know-how corporations capitalised on the elevated demand for digital providers for distant working.

The Nifty IT index rose 57.98% within the final one 12 months in comparison with a 16.25% rise in NIfty 50.

/* Consumer Identification Code Begin */
var _tiluuid = localStorage.getItem(‘_tiluuid’);
if (_tiluuid === null) {
perform receiveMessage(evt) {
if (evt.origin === ‘https://tilanalytics.timesinternet.in’) {
_tiluuid = evt.information;
localStorage.setItem(‘_tiluuid’, _tiluuid);
}
}
window.addEventListener(‘message’, receiveMessage, false);
doc.getElementById(“_tiluuid_frame”).src=”https://tilanalytics.timesinternet.in/frame_v3.min.html”;
}
/* Consumer Identification Code Finish */

var urlParams = window.URLSearchParams && new URLSearchParams(window.location.search),
optParam = urlParams.get && urlParams.get(‘decide’);

var objSec = {template: ‘articleshow_main’, msid:’80451427′, secNames: [‘tech’,’ites’],secIds:[‘2147477890′,’13357270′,’78570530’]};

var tmplName = tpName=”articleshow_main”,lang = ”,nav_sec1,newHookId,subsec1_value,subsec1_common = ‘13357270’,newHookId2,subsec2_value,subsec2_common = ‘78570530’;
var objVc = {version_on:’20210125204321′,js_newyearsale:’5′,js_etsubscription:’1′,js_comments:’111′,js_googleslock:’782′,js_googlelogin:’54’,js_common_buydirect:’749′,js_bookmark:’18’,js_login:’46’,js_datepicker:’2′,js_electionsmn:’22’,js_push:’54’,css_buydirect:’14’,js_tradenow:’18’,js_commonall:’137′,lib_login:’https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js’,live_tv:'{“onoff_flag”:”0″,”platform”:”desktop”,”sections”:[“13352306″,”5575607″],”pages”:””,”auto_open”:”1″,”default_tv”:”1″,”timePeriod”:{“showTimeFlag”:false,”fromTime”:””,”toTime”:””}}’,global_cube:’0′,global_cube_wap:’0′,global_cube_faces:’2′,global_cube_fullad:’0′,global_cube_landingon:’sensex’,global_cube_wap_url:’https://m.economictimes.com/iframe_cube.cms’,site_sync:’0′,adx:’1′,amazon_bidding:’1′,fan_ads:’0′,trackAdCode:’0′,ajaxError:’1′,oauth:’oauth’,planPage:”https://economictimes.indiatimes.com/plans.cms”,planPageTest:’https://economictimes.indiatimes.com/plans.cms’,subscriptions:’subscriptions’,krypton:’kryptonp’,apw:’apw’,nlSubscribe:’etsub3′};
if(window.location.host == ‘economictimes-pp.indiatimes.com’) {
objVc.oauth=”oauth-pp”;
objVc.krypton = ‘krypton-pp’;
objVc.subscriptions=”subscriptions-pp”;
objVc.apw = ‘apw-pp’;
}
var objDim = {d52:’nature_of_content’,d96:’continuous_paywall_hits’,d95:’monthly_article_count’,d10:’user_login_status_hit’,d54:’content_shelf_life’,d98:’daily_paid_article_count’,d53:’content_target_audience’,d97:’monthly_paid_article_count’,d12:’tags_meta_keyword’,d56:’degree_of_conten’,d11:’content_theme_the_primary_tag’,d55:’content_tone’,d14:’special_coverage’,d58:’et_product_item’,d13:’article_publish_time’,d16:’video_embed’,d15:’audio_embed’,d59:’show_paywall_final’,d61:’paywall_probability’,d60:’paywall_score’,d63:’paid_articles_read’,d62:’eligibility_paywall_rule’,d65:’bureau_articles_read’,d20:’platform’,d64:’free_articles_read’,d23:’author_id’,d67:’loyalty’,d66:’article_length’,d25:’page_template’,d24:’syft_initiate_page’,d68:’paywall_hits’,d27:’site_sub_section’,d26:’site_section’,d29:’section_id’,d28:’prime_deal_code’,d70:’us_election_2020′,d72:’paywall_experiment’,d71:’plan_group_id’,d32:’prime_article_read_before_syft’,d75:’watchlist_active_status’,d34:’content_age’,d33:’prime_article_read_before_success’,d36:’sign_in_initiation_position’,d35:’subscription_method_hit’,d37:’user_subscription_status’,d1:’et_product’,d2:’blocker_type’,d3:’user_login_status_hit’,d4:’company’,d5:’author_name’,d6:’cms_content_publishing_type’,d7:’content_personalisation_level’,d8:’article_publish_date’,d9:’sub_section_name’,d40:’freeread’,d45:’prime_hp_ui_template’,d47:’prime_hp_ui_content_b_color’,d46:’prime_hp_ui_content_size’,d49:’syft_initiate_position’,d48:’content_msid’,d92:’last_click_source’,d50:’signin_initiate_page’,d94:’daily_article_count’,d93:’internal_source’};var serverTime=”01.25.2021 20:47:34″;var WRInitTime=(new Date()).getTime();
(perform () {if (self !== prime) {var e = perform (s) {return doc.getElementsByTagName(s)}; e(“head”)[0].innerHTML = ‘*{show:none;}’; setTimeout(perform () {e(“physique”)[0].innerHTML = ”; var hEle = e(“html”)[0]; hEle.innerHTML = ‘economictimes.indiatimes.com‘; hEle.className=””; prime.location = self.location; }, 0);}})();

_log = window.console && console.log ? console.log : perform () {};
// Creating Components for IE : HTML 5 and cross area checks
(perform () { var elem = [“article”, “aside”, “figure”, “footer”, “figcaption”, “header”, “nav”, “section”, “time”];
for(var i=0; i -1) { window[disableStr + ‘-‘ + gaProperty] = true; }

ga(‘set’, ‘anonymizeIp’, true);
ga(‘create’, gaProperty, ‘auto’, {‘allowLinker’: true});
ga(‘require’, ‘linker’);
ga(‘linker:autoLink’, [‘economictimes.com’]);
ga(‘require’, ‘displayfeatures’);
window.optimizely = window.optimizely || [];
window.optimizely.push(“activateUniversalAnalytics”);
ga(‘require’, ‘GTM-WV452H7’);
customDimension.dimension1 = “ET Free”;
customDimension.dimension4 = “ET Bureau”;
customDimension.dimension5 = “Anandi Chandrashekhar”;
customDimension.dimension6 = “Native – 80451427”;
customDimension.dimension8 = “Jan 25, 2021”;
customDimension.dimension9 = “ITES”;

customDimension.dimension12 = “reliance industries,TCS market cap,TCS Share Worth,tata consultancy providers,tcs,accenture,tcs q3 outcomes”;
customDimension.dimension13 = “06:45 PM IST”;

customDimension.dimension15 = “No”;
customDimension.dimension16 = “No”;
customDimension.dimension23 = “479245519”;
(perform () {
var a = window.localStorage && localStorage.getItem(‘et_syftCounter’) || ”;
a = a && JSON.parse(a) || {};
if(a.beforeSyft && customDimension) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()

var contentAge=”0.06980324074074074″;
if(contentAge) {
customDimension.dimension34 = contentAge > 2 ? ‘>48hs’:’= 0 && num -1 && grx_userPermission.indexOf(“cancelled_subscription”) > -1 && grx_userPermission.indexOf(“can_buy_subscription”) > -1) {
subsStatus=”Paid Consumer – In Trial”;
} else if(grx_userPermission.indexOf(“subscribed”) > -1) {
subsStatus=”Paid Consumer”;
} else if(grx_userPermission.indexOf(“etadfree_subscribed”) > -1) {
subsStatus=”Advert Free Consumer”;
}
} catch (e) {}
} else {
grxDimension[objDim[‘d3’]] = ‘NONLOGGEDIN’;
}
grxDimension[objDim[‘d37’]] = subsStatus;
strive {
if(window.localStorage && localStorage.getItem) {
var jString = localStorage.getItem(“jStorage”);
if(jString) {
var objJstorage = JSON.parse(jString), objProf = objJstorage[‘et_subscription_profile’];
for (var attrname in objProf) { grxDimension[attrname] = objProf[attrname]; }
}
}
}catch(e) {
console.log(‘Error profile Dimension’);
}
})()

grx(‘monitor’, ‘page_view’, grxDimension);

if(window.allowGdpr == 1 && (typeof skip == ‘undefined’ || typeof skip.fbevents == ‘undefined’)) {
!perform(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=perform(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.model=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, doc,’script’,
‘https://join.facebook.web/en_US/fbevents.js’);
fbq(‘init’, ‘338698809636220’);
fbq(‘monitor’, ‘PageView’);
}

var _comscore = _comscore || [];
_comscore.push({ c1: “2”, c2: “6036484”});

if(window.allowGdpr == 1) {
(perform() {
var s = doc.createElement(‘script’), el = doc.getElementsByTagName(“script”)[0]; s.async = true;
s.src = (doc.location.protocol == “https:” ? “https://sb” : “http://b”) + “.scorecardresearch.com/beacon.js”;
el.parentNode.insertBefore(s, el);
})();
}

if(window.allowGdpr == 1) {
(perform() {
perform pingIbeat() {
window._pg_endpt=(new Date()).getTime();
var e = doc.createElement(‘script’);
e.setAttribute(‘language’, ‘javascript’);
e.setAttribute(‘sort’, ‘textual content/javascript’);
e.setAttribute(‘src’, “https://agi-static.indiatimes.com/cms-common/ibeat.min.js”);
doc.head.appendChild(e);
}
if(typeof window.addEventListener == ‘perform’) {
window.addEventListener(“load”, pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != ‘perform’) ?
pingIbeat : perform() { oldonload(); pingIbeat(); };
}
})();
}

}

Most Popular

Actor Taapsee Pannu’s Boyfriend Tweets Union Minister. His Reply

<!-- -->Taapsee Pannu's boyfriend Mathias Boe tweeted to Union Minister Kiren RijijuNew Delhi: Actor Taapsee Pannu's boyfriend Mathias Boe, who's a coach to...

Agree To Court Monitored-Probe In Amaravati Land Scam Case: Andhra In Top Court

<!-- -->Andhra Pradesh advised the Supreme Court docket that it's agreed for a court-monitored CBI probe.New Delhi: The Andhra Pradesh authorities on Friday...

Samsung Galaxy A72, Galaxy A52 5G Launch Imminent as Support Pages Go Live

Samsung Galaxy A72 and Samsung Galaxy A52 5G have leaked on many events up to now. The 2 handsets have now been noticed...

Recent Comments