Appointing Neemuchwala is seen as a big shift for Wipro.
TCS is likely to hire hire 55,000 employees in FY15 .
The multi-brand strategy could drive profitability to a 25% profit margin in the next five years from 17% now.
The merger, in which TCS will hold 51 per cent stake and Mitsubishi 49 per cent, will create a new IT services company of significant scale in the Japanese market with annual turnover of over $600 million.
From disbursing Rs 25.11 crore to political parties in 2014-2015, the Tata group is learnt to have contributed Rs about Rs 600 crore towards the 2019 Lok Sabha election.
Shareholders want to know what plans does company have to address the issue
RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.
TCS reported a 5.8 per cent rise in revenue at Rs 27,165 crore.
The country will witness a mushrooming of technology start-ups over the next five years.
Follow these 10 Chennai foodies to track down the great restaurants and awesome food there!
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Among the cars unveiled at the Auto Expo on Wednesday was Mahindra and Mahindra's e-KUV for Rs 8.2 lakhs ex-showroom Delhi. With a single charge range of 150 km and a 55 min fast charging upto 80 pc, it was both a head-turner and a conversation-starter.
Tatas' best bet would be to find an insider who understands the systems, say headhunters
On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged
In 2010, TCS's brand value was $2.3 billion.
Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
Under the eight-year association, TCS will take on the role of Title Sponsor of the New York City Marathon in 2014, the software major said in a statement.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
TCS said employee addition during the quarter stood at 18,362
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Infosys continues to be interested in acquisitions.
Tata Consultancy Services (TCS) said it will hire 55,000 employees this fiscal, including 25,000 freshers.
Despite lower growth scenario; companies say reworking strategy
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
India Inc is shying away from investing in digital technologies.
The company's revenue rose by 11.7 per cent to Rs 27,364 crore.
TCS said FY15 will be a better year in terms of top line growth and the deal pipeline remains strong
Under the deal, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs.
NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
The armed forces are facing a shortage of over 52,000 soldiers with the Army topping the list with over 21,000 vacant posts, the government said on Wednesday.
He however said, US has been a very welcoming market for TCS and has provided it with a fair, open and competitive environment
Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
Sikka ranks 35th in the list.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
These graduates will have the opportunity to spend a year training and working for TCS at its Innovation Labs and software development centres across India between 2016 and 2020.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.