TCS bags add-on advance purchase order worth ₹2,903 crore from BSNL
India's largest IT company Tata Consultancy Services (TCS) on Wednesday (May 21, 2025) said it has clinched an add-on Advance Purchase Order (APO) for about ₹2,903 crore from state-owned telecom corporation Bharat Sanchar Nigam Limited (BSNL).
The order is for planning, engineering, supply, installation, testing, commissioning and annual maintenance of 4G mobile network at 18,685 sites, TCS said in a regulatory filing.
TCS said that detailed purchase orders will be issued by BSNL to the company in due course subject to fulfilment of certain conditions and documentation as mentioned in the APO.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
4 hours ago
- Time of India
TCS Share Price Live Updates: TCS's recent returns indicate market challenges
09 Jun 2025 | 08:46:31 AM IST Stay up-to-date with the TCS Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a prominent stock. Explore the latest information on TCS, including: Last traded price 3384.2, Market capitalization: 1220001.02, Volume: 2070390, Price-to-earnings ratio 25.12, Earnings per share 134.2. Our liveblog provides a comprehensive overview of TCS by integrating fundamental and technical indicators. Stay informed about breaking news that can impact TCS's performance in the market. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Join us on this journey as we delve into the exciting world of TCS and its market potential. The data points are updated as on 08:46:30 AM IST, 09 Jun 2025 Show more
The Print
15 hours ago
- The Print
Market valuation of 9 of top-10 most valued firms jumps Rs 1 lakh cr; Reliance, HDFC Bank shine
From the top-10 pack, Tata Consultancy Services (TCS) emerged as the only laggard, while Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Life Insurance Corporation of India, Bajaj Finance, and Hindustan Unilever Ltd were the gainers. Last week, the BSE benchmark Sensex surged 737.98 points, or 0.90 per cent. New Delhi, Jun 8 (PTI) Nine of the top-10 most valued firms together added Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank stealing the show with maximum gain, in line with an optimistic trend in equities. The market valuation of Reliance Industries jumped Rs 30,786.38 crore to Rs 19,53,480.09 crore, the most among top-10 firms. HDFC Bank's valuation surged Rs 26,668.23 crore to Rs 15,15,853.85 crore. Bajaj Finance added Rs 12,322.96 crore taking its valuation to Rs 5,82,469.45 crore. The market capitalisation (mcap) of ICICI Bank rallied Rs 9,790.87 crore to Rs 10,41,053.07 crore. Hindustan Unilever's mcap zoomed Rs 9,280.89 crore to Rs 5,61,282.11 crore. The market valuation of Bharti Airtel climbed Rs 7,127.63 crore to Rs 10,65,894.55 crore and that of Life Insurance Corporation of India (LIC) advanced Rs 3,953.12 crore to Rs 6,07,073.28 crore. Infosys added Rs 519.27 crore to its mcap, which stood at Rs 6,49,739.73 crore. State Bank of India's valuation went up Rs 401.61 crore to Rs 7,25,437.74 crore. However, the mcap of TCS dropped Rs 28,510.53 crore to Rs 12,24,975.89 crore. In the top-10 chart, Reliance Industries remained the most-valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Bajaj Finance, and Hindustan Unilever. PTI SUM TRB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Hans India
16 hours ago
- Hans India
Indore Metro begins commercial operation
Indore Metro commenced commercial operations on Sunday, marking a transformative step in the city's urban transportation landscape. While the initial hours saw a relatively low passenger turnout, riders steadily increased by noon, Metro officials reported and said despite the introduction of fares, public enthusiasm remained strong, with expectations of further growth in commuter numbers by evening. Currently, Indore Metro lacks an automated ticketing system, requiring manual compilation of ticket sales and passenger data. Authorities are working toward implementing a streamlined digital system, but for now, ticketing operations continue to be handled manually. Prime Minister Narendra Modi had inaugurated the first phase of the Indore Metro project on May 31, 2025, via video link from Bhopal. The launch coincided with the 300th birth anniversary celebrations of Devi Ahilya Bai Holkar – the revered ruler of Malwa, where the Prime Minister addressed the 'Women Empowerment Mega Conference". During his speech, PM Modi highlighted Indore's global reputation for cleanliness and expressed confidence that the city would now also be recognized for its metro connectivity. The metro's initial operational plan included 50 trips per day, metro authorities said. However, due to the overwhelming response to free travel during the launch phase, the number of daily trips exceeded 100. Starting Monday, the metro service will revert to its original schedule of 50 trips per day. The fare structure has been set at concessional rates, with passengers paying a minimum of five rupees for short distances and eight rupees for a seven-kilometer journey. Promotional discounts will be in effect for the first three months, with fares gradually increasing to standard rates. Officials are now focusing on the upcoming 17-km trial run, which will extend the metro service from Gandhi Nagar to Radisson Hotel Square. This expansion is expected to significantly boost regular ridership, particularly among employees and students from major institutions such as TCS and Infosys, whose campuses are located along the route. Currently, the Metro operates within a seven-km stretch, primarily covering commercial zones. However, as the network expands, its impact on urban mobility and connectivity will become more pronounced, offering residents a modern and efficient transit system. The broader metro network, once fully operational, is expected to cover 31.32 km with 28 stations, further enhancing Indore's public transportation infrastructure.
