He will take over the charge from Rajesh Gopinathan, who last month decided to step down as MD and CEO of IT giant to pursue other interests
CLOSING BELL: Among sectors, the Nifty Pharma index leaped over 2 per cent today as India saw over 7,000 fresh cases of Covid-19
Stocks to watch today: Lenders of debt-ridden Reliance Capital (RCap) have fixed April 26 as the new date for the second auction. As per the earlier schedule, it was to be held on April 11
Brokerages expect TCS deal wins to be strong in a broad range of $7-10 billion in Q4, while hiring is likely to be muted
Non-tech companies are taking steps to hire top talent from the IT sector in order to drive their organisations towards digitisation. Most of this demand is for experienced employees
The government hopes that the 250-acre tech hub, located in New Town, Kolkata, will attract an investment of Rs 1 trillion and create 50,000 direct jobs
Tata Neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under Tata
Tata Sons chairman N Chandrasekaran is learnt to have discussed the engagement of outgoing TCS MD and CEO Rajesh Gopinathan with the group beyond September 15 in an advisory role, according to sources from Tata Group. Tata Sons and IT behemoth Tata Consultancy Services declined to comment on the development. Tata Group sources, who did not wish to be identified, told PTI that there have been preliminary discussions between the two as the group needs reliable and experienced hands with its diversification into various technology domains. "Chandrasekaran has discussed with Gopinathan for his engagement with Tata Group in an advisory role after his notice period ends on September 15. There has been preliminary discussion," a source at one of Tata Group technology firms said. Gopinathan during his press conference has said that he has no immediate plans to engage with Tata Group in advisory roles. "As far as advisory roles go, my respect for advisors is exponentially growing. So, I wi
Large IT firms are witnessing changes at the top
The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately
'You can always look at any number as a parameter and create a trend. It's more like horses for courses'
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil
Gopinathan said TCS is the market leader in its space, and has given industry-leading results
Krithivasan's time of taking over is interesting, especially with the agenda already being set
Analysts say the stock price could turn volatile in the near-term as the development comes amid a challenging macro-environment including fears of a potential recession in the US
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Chennai, his base, is one of the biggest centres for TCS in terms of talent
Krithivasan shall take over as the CEO and MD of TCS in the next financial year
Retained its edge in terms of Ebitda or operating margins over industry peers
Tata Consultancy Services (TCS) is not considering any layoffs as it believes in grooming talent for longer careers once it hires an employee, a top official has said. The country's largest information technology services exporter is also looking to hire startup employees who have lost their jobs, its chief Human Resources officer Milind Lakkad told PTI in an interview. The comments have come amid IT companies, including big tech giants, the world over laying off people due to a slew of reasons. We don't do that (layoffs), we believe in grooming talent in the company(there will be) no layoffs, Lakkad said, replying to a specific question on whether there will be layoffs or involuntary attrition. He said many companies are forced to take such a step because they hired more than they wanted while the cautious TCS believes that once a staff member joins, it is the company's responsibility to make them productive and derive value. In cases where it finds a gap between the skill sets .