Page 27 - Tata Consultancy Services

Customers focus on transformation to drive growth for TCS: CEO

Customers embarking on multi-year technology refresh cycle and their increased focus on growth and transformation (G&T) initiatives are expected to provide strong growth levers for Tata Consultancy Services (TCS) in the medium and long term, its CEO Rajesh Gopinathan said. The top executive, in his letter to shareholders, said the company's business performance in the past year is a reflection of its resilience and adaptability. "In the early months of the pandemic, when the worldwide lockdown disrupted economic activity across virtually all sectors, your company responded with speed and agility, embracing a new operating model, Secure Borderless Workspaces (SBWS)," Gopinathan said. He added that working remotely, TCS' teams helped customers maintain business continuity during peak disruption, and thereafter, to accelerate their growth and transformation (G&T). "We are entering FY2022 with strong growth momentum and with much better visibility for future growth than we did ...

TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today

Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement

Despite some slowdown, the outlook for IT firms appears reasonable

Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds

Valuation concern clouds TCS' Q4 performance; stock falls over 4%

The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates

Here is why TCS shares declined 4% today despite a strong Q4 earnings show

Analysts at ICICI Securities, for instance, have downgraded TCS' stock from 'Add' to 'Hold' while Kotak Securities maintains 'Reduce'

TCS Q4 net profit jumps 15% to Rs 9,246 crore; revenue at Rs 43,705 crore

The biggest takeaway from the Q4 numbers was the order book at $9.2 billion, the highest ever reported by TCS in a quarter since the company started reporting this metric

Top headlines: TCS Q4 net rises 15%; factory output contracts 3.6% in Feb

Business Standard brings you top news of the evening

M-cap of four of 10 most valued companies jumps over Rs 1.14 trillion

The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Soc Gen Securities Services deploys TCS BaNCS across multiple locations

SGSS was looking for a platform that met its strategic objectives of providing standardised corporate actions processing and cash management services, and consistent customer

TCS to announce salary hikes for FY22, second for company in 6 months

With salary hike in Financial Year 2021-22, TCS employees will get around 12-14 per cent average increment in six months' time

TCS looks for talent on the cloud, to create an algorithm-based marketplace

Firm has reimagined its HR strategy with a clear focus on skills

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

Tata Group's market capitalisation zooms past Rs 17 trillion-mark

Va­lued at over Rs 17 trillion ($232 bn), their combined worth has increased about 47 per cent since the start of last year

TCS bullish on growth from telecommunications and media over next 2-3 years

Signs a five-year deal with Vodafone Netherlands to deploy its TwinX platform

Tata Consultancy expands strategic partnership with Vodafone Netherlands

To deploy AI and ML technology and TCS TwinX to gain deeper insights

N Chandrasekaran's challenges

Dragging the Tatas into the 21st century will take more time

Tata Motors, Tata Consumer: Tata Group stks may lead the next market rally

So far in the month of February, Tata Consumer Products, Tata Steel, and Tata Motor have outperformed the benchmark Nifty50 index by rallying between 12 per cent and 22 per cent

Europe hiring by IT firms set to go up with deal wins on the rise

TCS to hire 1,500 employees in UK; with large deals coming from Europe headcount will go up, say analyst

Tata Consultancy Services to recruit 1,500 tech staff in UK next year

India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it will recruit 1,500 technology employees across the UK over the next year