The data centre would enhance the infrastructure required to consolidated the state level applications and would be interoperable with the existing infrastructure, TCS said in a filing to the Bombay Stock Exchange.
IT major Tata Consultancy Services (TCS) said most of the hirings are happening in Tier-I and II cities.
For two consecutive quarters, Tata Consultancy Services has recorded volume growth of five per cent, leaving its peers behind.
For N Chandrasekaran, managing director and chief executive officer of India's largest information technology services provider, Tata Consultancy Services, the fourth quarter and 2010-11 numbers were one of the best since the industry was hit by the recession.
According to the Mumbai-headquartered company's Global Trend Report on social media, this average spending will rise to $24 million (about Rs 150 crore) by 2015.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
It is a feat currently shared by only four other Indian companies: ONGC, Reliance Industries, NTPC and Infosys.\n
Murthy best performer in IT stock returns, TCS' Chandra in pole position among current chief executives.
Employees with experience of two years and above across the company who were unable to meet the performance requirements of our company are asked to look for other jobs commensurate with their abilities, a TCS spokesperson said.
Tata Consultancy Services on Monday entered into a five year research and development collaboration with Stanford University of United States for research in the critical area of data privacy.
The big three Indian IT exporters fell over 2-4 per cent on the BSE.
IT giant Tata Consultancy Services (TCS) on Tuesday slipped to fourth position in the list of the country's most valued companies, below Reliance Industries, ONGC and Coal India Ltd.
'Even during the pandemic we did it.' 'We think it's our responsibility to make sure that we manage the uncertainty.'
It also retained its position among the 'Big 4' most valuable IT services brand worldwide -- in the ranking carried out by Brand Finance, the world leading brand valuation firm.
In one of the largest outsourcing deals ever, ABN Amro has signed a Euro 1.8 billion ($2.22 billion) contract with five IT-vendors, including Tata Consultancy Services, Infosys and IBM.
The domestic IT major Tata Consultancy Services said that its major expansion would henceforth take place within the notified Special Economic Zones in the country. TCS is setting up its largest global operating unit to accommodate 20,000 professionals in Rajiv Gandhi Infotech Park at Hinjewadi, Pune, a notified SEZ. Maharashtra Chief Minister Vilasrao Deshmukh on Wednesday laid the foundation-stone for the facility, which will become operational by December 2009.
The quantum of hiring is likely to remain the same as that of the past financial year.
US President Barack Obama has already backed the Bill that seeks to put curbs on the use of H-1B visa for those companies which have a higher ratio of work force under this category.
Dragged down by Coal India, the cumulative market valuation of four among the top 10 Indian companies fell by Rs 30,679.66 crore during the past week.
Excellent execution and a constant focus on the customer has helped TCS.
Macro environment, tech shift main challenges now: N Chandrasekaran
The combined market valuation of six of the 10 most valued companies surged by Rs 1,56,247.35 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While RIL, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HDFC and Bajaj Finance saw gains in their market capitalisation (m-cap) in the holiday-shortened week, Infosys, HUL and LIC suffered losses. Stock markets were closed on Tuesday on account of Muharram.
Tata Consultancy Services Ltd's scrip was on Wednesday listed on the National Stock Exchange with the opening price of Rs 850 per share while the listing price was up at Rs 1049.
Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.
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.
Pharma major GlaxoSmithKline and software giant Tata Consultancy Services on Tuesday signed a 'multi-year, multi-million dollar' contract to set up a global drug development support centre in Mumbai.
The two company spent about over Rs 3.15 crore.
N Chandrasekaran, managing director and CEO of Tata Consultancy Services, maintains that his company has proved its adaption to merging trends by reporting consistent growth.
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
Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years.
The 600-million (approximately Rs 4,100 crore) UK Personal Accounts Delivery Authority (PADA) deal, which was recently awarded to Tata Consultancy Services (TCS) to administer the National Employee Savings Trust (NEST) scheme for 10 years, has come under the scanner of the Conservative Party.
Consequently, RIL lost its about position of the country's largest company in terms of market valuation, which it had held for nearly a month.
Judith Faulkner's entrepreneurial journey could well be a case study for people worldwide.
The deal structure is expected to be similar to the Infosys recent announcement of acquiring three global offshore centres from Philips along with getting an outsourcing deal.
IT major Tata Consultancy Services said that it made job offers to 1,006 students of Anna University this year.
After Infosys, the country's largest software services firm Tata Consultancy Services has warned of weaker earnings for the January-March quarter.
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