| Healthy demand outlook | 26-OCT-09 |
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| A revival in the US financial services sector and better cost management would help TCS sustain profitable growth. |
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| IT breathes again | 22-OCT-09 |
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| The bad times for India’s export oriented software leaders appear to have troughed out, going by the second quarter results of market leaders TCS and Infosys, and also the sentiments expressed by their chief executives. According to the sequential quarter-on-quarter figures which help identify inflection points, TCS’s consolidated topline growth rate has risen very marginally after falling over two consecutive quarters. |
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| TCS beats the street; net up 29% | 17-OCT-09 |
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| Beating analysts’ expectations, India’s largest IT services provider, Tata Consultancy Services (TCS), posted a 29.2 per cent increase in consolidated net profit (Indian GAAP) at Rs 1,642 crore for the second quarter ended September 30 against Rs 1,271 crore in the same quarter a year ago. |
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| 'We will come out with a vision statement soon' | 07-OCT-09 |
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| N CHANDRASEKARAN formally took over the reins on Tuesday of India’s largest information technology (IT) services firm, Tata Consultancy Services (TCS), as Chief Executive Officer and Managing Director. One of the youngest CEOs among the Tata Group, he takes charge when Indian IT services are going through a rough patch, owing to the global meltdown. In an interaction with the media, Chandra said the current revenue of $6 billion is an achievement, but saw it as just 1 per cent of the overall IT services technology spend. He also spoke on leveraging the capabilities of 140,000 TCSers to make it a bigger and better firm. |
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| N Chandrasekaran takes over as TCS CEO | 06-OCT-09 |
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| Succeeding S Ramadorai, N Chandrasekaran today became the Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), the country's largest software exporter. |
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| Change of guard at TCS today | 06-OCT-09 |
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| Natarajan Chandrasekaran (called Chandra by colleagues and friends) will take charge as the managing director and chief executive officer (MD & CEO) of India’s largest information technology services provider, Tata Consultancy Services (TCS), from S Ramadorai tomorrow. He’s the third in the line of TCS’ CEOs, after F C Kohli and Ramadorai. |
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| Transition at TCS | 22-SEP-09 |
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| How S Ramadorai groomed Natarajan Chandrasekaran as his successor. |
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| The tough get going | 23-JUL-09 |
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| India’s information technology leaders have managed to beat analyst and market expectations by turning in a credible performance in the quarter ended June, in challenging times that show no clear signs of getting any easier. While TCS and Infosys hold back from saying that light is visible at the end of the tunnel, Wipro chairman Azim Premji has struck half a note of optimism by declaring that he sees the “first signs of stability in the business as ramp downs start to taper off and volumes start to stabilise.” What this stability means is that while things were in some kind of a free fall, with technology chiefs in client companies not knowing what budget would be available for the year, now both the industry and clients know where they stand. But there is no upside, as new projects are nowhere in sight. This is reflected in Infosys cutting both its current quarter and full year guidance, and Wipro issuing a virtually flat guidance for the current quarter. |
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| TCS says decline in demand from clients is ending | 19-JUL-09 |
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| Tata Consultancy Services Ltd, India’s largest software services provider, is seeing an end to the decline in demand from its biggest clients, Chief Financial Officer Seturaman Mahalingam said. |
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| TCS looks to double revenue from India | 24-APR-09 |
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| Tata Consultancy Services (TCS), India’s largest software company, expects to double its revenue from the country in the next three to four years, a senior executive has said. |
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