The Indian IT sector companies are resuming campus recruitment after a year, showing signs of recovery for the industry. The companies are looking to hire skilled freshers rather than entry-level jobs
The centre forms part of TCS' European delivery network, facilitating the delivery of hyper-connected services
Tata Consultancy Services (TCS) on Friday said it has expanded operations in Poland with the opening of a new delivery centre in Warsaw, and expects to double its workforce in the region to over 1,200 within a year. The new delivery centre showcases TCS' capabilities across industries and technologies, according to a regulatory filing. "The new delivery centre will allow TCS to access the skilled talent pool in the Polish Information and Communication Technology (ICT) industry to provide hyper-connected services to global clients. "With the new delivery centre, TCS expects to double its workforce to 1,200-plus in a year to support its further growth in the region," it said. Indian Ambassador to Poland Nagma Mallick, TCS head of Europe Sapthagiri Chapalapalli and General Manager for TCS in Eastern Europe Prabal Datta inaugurated the centre. The new centre joins TCS' European delivery network, which facilitates the delivery of hyper-connected services to its customers across ...
With a brand value of $49.7 billion, TCS has seen a 16 per cent rise compared to last year, driven by investments in innovation, particularly in artificial intelligence (AI) and digital transformation
The combined valuation of India's top 75 valuable brands has gone up at an "impressive growth" rate of 19 per cent to USD 450.5 billion, according to the Kantar BrandZ report. India's leading IT firm TCS remained the most valuable brand for the third straight year, folllowed by HDFC Bank, Airtel, Infosys and SBI, the report said. "With a brand value of USD 49.7 billion, TCS has seen a 16 per cent rise versus last year, driven by investments in innovation, particularly in AI and digital transformation," it said. Brands across business sectors have fuelled the growth, with 54 brands boosting their brand value over the past year, according to the Kantar BrandZ MostValuable Indian Brands Report. "This impressive growth outpaces most other BrandZ rankings globally and closely mirrors the 20 per cent increase seen in the Global Top 100," it said. Financial services brands dominate the list as 17 brands contributed 28 per cent of the ranking overall brand value. HFDC Bank is second with
Indian company will implement an advanced upgrade of McDonald's IT systems in the Philippines
Chandra said that as part of the transition, the group companies are offering more online products and embedding artificial intelligence into their internal processes
"It's possible that the delay in TDS deposits could have been from TCS's side, but it seems more likely to be a technical error," said a senior partner at a major consultancy firm
The problem is reportedly believed to have stemmed from a software error that resulted in TDS claims not being properly updated on the income-tax portal
Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare
The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.
The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to
Generative AI has taken centre stage in the space and clients are replanning budgets and product features, Chakravarti said
TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies
Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE
TCS Pace Studio in Manila, the fifth of its kind globally, is part of an extensive innovation ecosystem of TCS Pace spanning major global cities
In 2004, TCS made history with the first $1 billion initial public offering (IPO) by a private-sector company in India. Tata Sons diluted 14 per cent of its equity shares
TCS accounted for bulk of attrition at group level in FY24
Data from Complykaro shows a 40.4% increase in sexual harassment complaints, with 268 more cases filed than in the previous financial year
Macquarie raised TCS's share price target to Rs 5,740 per share, up from the previous Rs 4,522.55