The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Cognizant said on Tuesday it will invest $200 million by the end of 2008 to set up centres across the country. "We will spend $200 million (about Rs 800 crore) to build techno-complexes in Chennai, Coimbatore, Hyderabad and Kolkata," Cognizant chief.
A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
Tata Consultancy Services plans to open its third IT centre in China in the current fiscal and increase its headcount five-fold to 5,000 by 2010, a senior official said on Friday.
TCS had in recent weeks been the subject of reports of a large number of layoffs.
The company's revenue rose 16.08 per cent to Rs 25,668 crore.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
The corporate sector should give priority to building toilets in schools as part of their corporate social responsibility initiatives.
TCS' customer focus has been central to its recent success.
He claimed that the LTTE would welcome any initiative taken by the Indian government to solve the ethnic strife in his country.
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
N Chandrasekaran saw his annual compensation rise to Rs 25.6 crore.
Neemuchwala will be a big asset when it comes to setting things right.
TCS will manage Diageo's global IT infrastructure, data centres and servers, in addition to providing service desk support to employees, TCS said in a statement.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
IT major Cognizant Technology Solutions said on Friday that its development centre in China was expected to get legal status by August-end and the operations would be headed by Henry Yang, a Chinese native.
The Bangladesh cricket team was arriving for prayers at the mosque when the shooting occurred but all members were safe, a team coach told Reuters.
Tata Consultancy Services on Thursday said it will give out one-time bonus to employees that will be cost it Rs 2,628 crore.
HR BPO comes to about 33 per cent of the outsourcing pie. India has immense potential as more than 80 per cent of Fortune 1000 companies will discuss offshore BPO as a way to cut costs and increase productivity, says an expert.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
With this, the total strength of TCS's board has increased to 11.
Chennai-based Cognizant Technology Solutions is to invest about Rs 185 crore (Rs 1.85 billion) on expansion of its facilities in the country this year, a top executive of the company said on Monday.
The firm now has employee strength of 344,691.
The revenue also rose 14.2 per cent to Rs 29,305 crore (Rs 293.05 billion).
Recruiters want to know if you can express your ideas clearly, confidently in a group, solve problems and take decisions.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
With the theme 'Smart Mobility, Smart Cities', the company's display at the Auto Expo is focusing on intelligently-connected cities designed to offer convenience, safety, security, and efficiency to its customers.
The proposed TCS Learning Campus in Thiruvananthapuram will come up on a 97-acre plot in the Technopark area of the city.
TCS is likely to hire hire 55,000 employees in FY15 .
Cook is scheduled to meet top honchos of India Inc later during the day
Appointing Neemuchwala is seen as a big shift for Wipro.
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.
The multi-brand strategy could drive profitability to a 25% profit margin in the next five years from 17% now.
The additional cash will now give the Centre more headroom for stimulating the economy.
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