Page 34 - Tata Consultancy Services

TCS increases stake to 66% in Japanese JV with $32.6 mn investment

The current governance of operations and management will remain unchanged by the share acquisition

Expecting growth in India, Latin America; expansion in Europe, Japan: TCS

Krishnan Ramanujam said that the company was continually expanding its addressable base by launching new products, services and platforms

No question of sacrificing margins for growth: TCS CFO V Ramakrishnan

'We are building skills to understand what it will mean for various industries', says V Ramakrishnan

Brexit or not, clients will have to spend on technology: TCS' Subramaniam

Depending on how the Brexit scenario works out, people will figure out what they will do, says COO Subramaniam

TCS buys digital design firm W12 Studios in its 1st acquisition since 2013

W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers

TCS acquires London-based W12 Studios to boost creative design capabilities

W12 Studios will be part of TCS Interactive, strengthening the gamut of creative and experience services

S&P upgrades outlook on TCS to positive on improvement in business position

The rating gency said it may revisit the outlook revision to stable if TCS fails to sustain faster growth or above-average profitability

Second wave of digital adoption to be more powerful, says TCS top brass

'Last quarter, we added about four clients in the $100-million list and had more than 989 customers who gave us business of more than $1 million in the last 12 months'

TCS regains most valued firm tag again, beats RIL on market valuation

The IT major had first replaced RIL as the most-valued firm more than five years ago

TCS sees growth in BFSI space due to increasing tech spend by banks

According to TCS, next generation customer experience, cloud and analytics & insights are areas are areas where the firm is witnessing higher spend from banking clients

TCS hands out 24,000 job offers amid hiring blues in IT sector

In 2015, offer letters were issued to over 40,000 freshers, which declined to 35,000 in 2016

TCS spent Rs 15 bn on R&D & innovation in FY18, up 17% over last year

India's largest IT services firm TCS increased its spending on research and development and innovation initiatives by over 17 per cent to Rs 1,500 crore in 2017-18, compared to the previous year. Its total R&D and innovation expenditures stood at Rs 1,278 crore in 2016-17, as per the company's annual report. Of its expenditure in FY18, Rs 298 crore was spent on R&D, while Rs 1,202 crore was directed towards innovation centres, it added. This is about 1.2 per cent of TCS' total turnover for the fiscal. A crown jewel of the salt-to-software services conglomerate Tata Group, TCS had a consolidated total income of Rs 1,26,746 crore in FY2017-18, while its profit for the fiscal was at Rs 25,880 crore. The company has a workforce of about 3.94 lakh people. TCS has Innovation Labs located in India and other parts of the world. The R&D centres, certified by Department of Scientific & Industrial Research (Government of India), function from Pune, Chennai, Bengaluru, Delhi-NCR, .

TCS adds 400-plus Transamerica employees in Florida as part of $2bn deal

Will invest in 2,200 jobs across multiple locations in US

Why most-valued TCS is number eight in free float market capitalisation

Infosys, with a market cap of just 40% of that of TCS, has greater standing in the benchmark indices because of low promoter shareholding

Journey to $100 bn: TCS is world's 15th largest tech firm by market value

It is the eighth most expensive among top tech companies

Shares of TCS end flat at Rs 3,159.50 ahead of quarterly earnings

The stock ended at Rs 3,159.50, down 0.20 per cent on BSE

Unlike Accenture & Cognizant, 'build internal scale' approach drives TCS

The JP Morgan report said the investment community had now accepted this conservativeness and culture consciousness practised by TCS

Tata Consultancy Services' m-cap crosses Rs 6 trillion; shares gain 2.3%

TCS, Reliance Industries only 5% shy of becoming first to reach coveted milestone of $100 billion m-cap

TCS expands five-year deal with Marks and Spencer to boost digital business

India's largest IT services firm Tata Consultancy Services (TCS) today said it has expanded its partnership with Marks and Spencer (M&S) to enable the British retail giant become a digital-first business. As part of M&S' five-year plan, TCS will be the principal technology partner for the retailer and help drive agility, intelligence, innovation and efficiency, TCS said in a statement. Through the partnership, M&S will transition to a new Technology Operating Model that will help it align itself with rapid technology innovation to meet fast changing business priorities. TCS did not disclose any financial details of the deal. "Our long standing partnership with M&S has helped to build a strong contextual knowledge of their business... TCS will help the customer adopt a digital-first mind-set to win new customers and create growth at accelerated pace," TCS CEO and Managing Director Rajesh Gopinathan said. The retailer's chief executive Steve Row said M&S

TCS claims partial victory in the US lawsuit

TCS has almost 30,000 employees in the US, which makes it the largest employer of locals among Indian IT firms