IT major Tata Consultancy Services said that it made job offers to 1,006 students of Anna University this year.
Apart from his vision, what helped Ratan Tata pursue his global dreams was the phenomenal success of Tata Consultancy Services, which is 74 per cent owned by Tata Sons.
The campus placements process usually starts in July-August, but is likely to start earlier this year.
TCS is aiming to add another $10 billion to its turnover in the next five years or so. Which means, the company has to grow at a compounded annual growth rate of 15 per cent. Can TCS pull it off?
Tata Consultancy Services (TCS) has been ranked the third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- secured spots in the top-10 global tally.
Compared to the last 40 years (of TCS' existence), this is by far the most challenging time. The last nine months, in particular, were quite challenging. Some of our top financial services customers were in a difficult situation.
The firm now has employee strength of 344,691.
Posts a fall in net profit sequentially despite clocking higher volume growth.
Tata Consultancy Services, India's largest software exporter, will embark on a massive brand building exercise, starting early next fiscal and said it expects its joint venture subsidiary with Microsoft in China to be operational by June this year.
IT major Tata Consultancy Services on Friday bagged the Best Software Exporter National award for 2001-02 while Infosys received the second best award.\n\n
The third-quarter results of information technology (IT) software leaders indicate that the turnaround in the world's developed economies is a rising tide that is lifting virtually all boats.
The country's largest software exporter Tata Consultancy Services Ltd will not merge its subsidiary CMC Ltd. with itself, chief executive officer and managing director S. Ramadorai said Wednesday.\n\n\n\n
The US district court of Northern California on Monday allowed two former employees of I-T giant Tata Consultancy Services Ltd to proceed with a class action lawsuit against their former company over wage dispute and breach of contract.
Tata Consultancy Services on Tuesday said the company's chief operating officer N Chandrasekaran will succeed S Ramadorai as the CEO and managing director on October 6.
In an earlier interview, chief operating officer N Chandrasekaran had voiced this concern and said TCS was taking some measures. The impact was also evident on the overall revenue contribution, which fell to 4.7 per cent in FY09 from 5.2 per cent in FY08. TCS' head for Apac, Girija Pandey, feels the region will continue to be volatile till they reach a certain level.
Europe may continue to reel from the shock of the global financial crisis, but even in these depressed circumstances Information Technology-related outsourcing remains surprisingly buoyant to the benefit of Indian firms like Tata Consultancy Services.
Tata Consultancy Services has adopted several measures like avoiding travel and moving people from onsite to offshore to cut down costs, a senior official of the company said in Hyderabad on Wednesday.
Certain changes in the past two or three years could have a long-term structural impact on the IT services market.
'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'
During the afternoon trade, TCS commanded a market value of over Rs 2,38,223 crore (Rs 2,382.23 billion), the highest for any listed company in India.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
In a suit filed against Tata America International Corporation (TAIC) and its parent corporations -- TCS and Tata Sons Ltd -- on Tuesday, Gopi Vedachalam, contends he was instructed to sign over his federal and state tax refund checks to TCS.
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At present, TCS is the only company with a market value of over Rs 4 lakh crore.
TCS saw its headcount reduced by 6,333. Infosys' headcount decreased by almost 7,500, and HCLTech saw its employee numbers shrink by 2,299.
TCS would hire 25,000 more people this year to support its ongoing and upcoming projects.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The company has declared a dividend of Rs 7 per share.
In a bid to reduce costs and increased offshoring focus, Tata Consultancy Services, India's largest information technology company, has recalled close to 1,200 employees from the US and has decided not to hand out any salary increment this year.
"We are seeing an uptick. There is a lot more clarity and certainty about projects and decision cycles. I'm quite positive and companies are wanting to adopt technologies and are making decisions," TCS chief executive officer and managing director N Chandrasekaran said on the sidelines of World Economic Forum on India in Gurgaon.
The corporate credit rating with a positive outlook, BBB, is higher than India's rating and "highlights the financial robustness of our business model and operating strengths of the company," TCS informed the Bombay Stock Exchange. According to S&P, the company has strong liquidity, with cash and bank deposits of Rs 1,230 crore (Rs 12.3 billion), about 9.4 per cent of total assets as on March 31, 2007.
Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.
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