TCS' brand value grew 286 per cent from $2.3 billion in 2010 to $9.04 billion in 2016
It had announced slashing of up to 10,000 jobs globally by the end of 2013.
Two Tata-controlled companies -- Tata Consultancy Services and CMC -- have been selected by the government to make the ministry of company affairs paperless through a project that would earn them a revenue of Rs 314 crore.
Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore - becoming the second company in Indian markets after Reliance Industries to cross this milestone.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
Reliance Industries lost its position of the country's most valued company to Tata group firm TCS this afternoon, as the shares of billionaire Mukesh Ambani-led corporate giant fell sharply in a weak market.
In dollar terms, TCS' market valuation rose to $84 billion.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
TCS, which requires more people to handle its growing business, witnessed an 8.7 per cent annual attrition rate at the end of the second quarter.
Tata Consultancy Services is planning to raise the billing rates by 3 to 5 per cent for existing contracts, which are up for renewal, and for new contracts by 5-10 per cent.
Market regulator SEBI has given clearance to Tatas for the proposed initial public offering of Tata Consultancy Services, that is likely to realise over Rs 5,000 crore (Rs 50 billion).
Information technology solutions and services major Tata Consultancy Services is to open an 'automotive centre of excellence' in Detroit, North America, which is expected to be "fully functional", within the next two months.
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.
Tata Consultancy Services America was awarded a $2.5 million Rapid Outreach Grant by the Ohio government to aid businesses growth and job-creation.
This was a man who like Buddha transformed himself into achieving the impossible and being an inspiration for many generations to come, says business thinker Mudit Jain.
'We do not see people getting reduced, but because of automation, we will do more work.'
India's largest IT firm Tata Consultancy Services (TCS) will not announce a cut in variable pay of its employees this year , despite the company reporting a negative net profit on sequential basis.Last quarter, the company had announced a reduction in its staff variable pay as it did not achieve the internal targets.
Seven of the top-10 valued firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. Last week, the BSE benchmark index tanked 812.28 points or 1.36 per cent. Reliance Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack.
The Dubai Centre, which earlier supported the capital market customers, is now geared to provide on-call services and any emergency support needed in the region to its core banking customers as well, a company statement said.
HDFC Bank, Reliance Industries and Housing Development Finance Corporation (HDFC) -- with free-float market cap of over Rs 3 trillion -- have the highest weight in the Sensex and the Nifty.
Tata Consultancy Services, with exports worth $806.1 million is the largest software exporter during 2001-02, while Celetron India led the race in exports of computer hardware.\n\n\n\n
With this, the total strength of TCS's board has increased to 11.
The June quarter is usually considered as a seasonally strong period for the IT sector.
TCS, which, plans to earn $1 bn in 3-7 years will explore segments such as cyber security, internet of things, analytics of IoT, and cloud application and infrastructure.
Shares of TCS rose by 2.48 per cent to end the day at Rs 3,195.10 on the BSE, while RIL shares fell by 0.08 per cent to Rs 963.80.
From the Sensex pack, Tata Motors, Sun Pharmaceutical, Bharti Airtel, Bajaj Finserv, ICICI Bank, Mahindra & Mahindra and JSW Steel were the gainers. Tech Mahindra, HCL Technologies, Asian Paints, Titan, Infosys, State Bank of India, Tata Consultancy Services and HDFC Bank were the laggards.
Tata Consultancy Services, the country's biggest software exporter, on Monday said it is eyeing up to 150 deals ranging from $5 million to $200 million in the financial solutions space over the next 12-18 months.
Given the potential for growth, IT major, Tata Consultancy Services, is looking at hiring 8,300 trainees and around 3,000 laterals or experienced persons in Q4 FY10, a senior company official said.
Signalling a return of good times in the information technology (IT) sector, India's largest IT services provider, Tata Consultancy Services (TCS), plans to hire 30,000 employees in the next financial year.
H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
The corporate sector should give priority to building toilets in schools as part of their corporate social responsibility initiatives.
Tata Consultancy Services (TCS) CEO and Managing Director S Ramadorai said that the company would hire computer science PhD students who have graduated from any Indian Institute of Technology (IIT) in the country without any interviews for the next five years.
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.
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