During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters
Under new contract, TCS will continue to maintain, enhance SBI's application estate around core banking, trade finance, financial reporting &, financial inclusion with new features and functionality
To enable high throughput trading, TCS' solution for MCX will use the Deutsche Börse T7 trading platform, which the Indian IT giant helped develop
In a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The state government has allotted 36.84 acres of land to TCS Ltd for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi. A Memorandum of Understanding (MoU) in this regard was signed here on Friday in the presence of Chief Minister Pinarayi Vijayan and Industries Minister P Rajeev, an official statement said. KINFRA Managing Director Santhosh Koshy Thomas and TCS Kerala Vice President Dinesh P Thampi signed the MoU. TCS Ltd intends to operate a campus for Electronics Hardware & IT / ITES in an area of ??36.84 acres of land in KINFRA Electronics Manufacturing Cluster, Kakkanad, with an investment of Rs 698 crore and would accommodate nearly 10,000 employees in a phased manner, the release said. The proposed project ..
TCS will accelerate Dutch firm's cloud adoption to improve business agility and build digital foundation.
Through the contract, valid for 10 years, and with the possibility of a five-year extension, TCS will digitally transform taxi and private hire licensing and administration
Scale a challenge, but systems built here can be replicated anywhere, says executive
The market valuation of Tata Consultancy Services has breached the Rs 14 lakh crore mark, becoming the second company after Reliance Industries Limited to achieve this milestone.
Telecom, airline businesses continue to remain a drag for holding company
Tata Consultancy Services and Reliance Industries Limited were the prominent gainers
With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan
Ex-TCS, group posted net loss for the third straight year in FY21
To invest $30-40 mn annually in global running sponsorships & related community programmes
Management said digital transformation with cloud adoption is accelerating in all markets, save India
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The company's chief operating officer N Ganapathy Subramaniam said there is no dearth of talent supply in India
The company continued to see robust growth operationally, reporting total contract value of $8.1 billion, deal signing driven by growth across geographies and verticals
For the first quarter, net profit of the company at Rs 9,008 crore grew by 28.5 per cent year-on-year basis, but was down 2.5 per cent sequentially
Consolidated revenue rose 18% to Rs 45,411 crore from Rs 38,322 crore in June 2020
India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%