State Bank of India partnered GE Capital in 1998 for its credit card business.
TCS will deliver application maintenance and support services to Chrysler. The IT services initiative will encompass a portion of the functional areas within Chrysler such as sales and marketing and shared services.
Domestic information technology services majors Tata Consultancy Services, Wipro Technologies and Tech Mahindra and global players like IBM and Japan-based NEC are among the 10 shortlisted companies for the Nandan Nilekani-headed Unique Identification Authority of India biometrics job.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
Tata Consultancy Services has been ranked as the top IT software and services exporter in the country by National Association of Software and Service Companies.
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.
Tata Consultancy Services along with Bharti Televentures and National Thermal Power Corp was on Friday adjudged among the best employers in India by leading global human resources management firm Hewitt Associates.
The Indian information technology industry will need to move up the value chain to tackle competition from countries like China, Philippines and Vietnam, said Ratan Tata.
Billionaire Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in the country, as per Hurun India's 2022 Burgundy Private Hurun India 500 list. The list, which was released on Tuesday, stated that with a value of Rs 16.4 lakh crore, Reliance is India's most valuable company, followed by Tata Consultancy Services (TCS) with Rs 11.8 lakh crore and HDFC Bank with Rs 9.4 lakh crore. Reliance is also the highest taxpayer with a payout of Rs 16,297 crore and the most profitable company with a bottomline of Rs 67,845 crore in 2022-23.
Tata Consultancy Services, the country's largest software exporter by revenue, is to administer the UK's National Employee Savings Trust scheme's administered services under a 10-year deal, worth around 600 million (approximately Rs 4,150 crore).The contract, awarded by the UK's Personal Accounts Delivery Authority, is divided into two stages, with possible extensions of another five years. The first stage will run up to October 2010.
Sensing the high stress levels among employees that lead to lower productivity and higher attrition rates
Cost cutting has always been on our agenda be it on power, travel or communication, says S Ramadorai, the chief executive officer, TCS.
N Chandrasekaran saw his annual compensation rise to Rs 25.6 crore.
The Durbin-Grassley Bill might have fallen through but large Indian information technology service providers are taking no more chance of being seen as job snatchers in the US.
The contract value is close to 150 million (around Rs 1,160 crore) said analysts. The other contenders were IBM and BT Global Services.
Though the largest software exporter Tata Consultancy Services on Friday asserted that the lingering European debt crisis has not yet impacted its business, it admitted that weakening of the euro and pound against the rupee will have some adverse impact on its revenue if the trend continues.
India's largest IT services firm Tata Consultancy Services on Wednesday said it won a contract from Eli Lilly to provide various drug development services to the US pharma firm.
Not only has the gap between Infosys and the market leader Tata Consultancy Services increased in recent quarters, even Cognizant has overtaken Infosys.
With prominent Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys Technologies, Zensar Technologies and Satyam Computer Services increasing their presence in Japan, the world's second largest IT services market is becoming a lucrative market for India.
Tata Consultancy Services TCS) said it has bagged a Rs 85-crore three-year deal for implementing smart card-based Financial Inclusion Solution (FIS) for Indian Bank.
The country's largest software exporter, Tata Consultancy Service, on Monday said some Satyam Computer clients have turned to the Tata company on their own, adding it would not approach the clients of the scam-tainted firm.
The company said one of the projects will be finalised this financial year.
With high inflation and low growth plaguing the economy, the results' season has turned important.
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.
IT firms across the board say engineering graduates this year are readily accepting job offers unlike in the past years, when they were far more choosy.
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.
Companies are expected to firm up their business plans for the second half of the year.
Infy's cash utilisation may play role in whether valuation gap too narrows
Among the businesses that need consolidation are retail and defence
Tata Consultancy Services (TCS), the country's largest information technology services company, will hire 50 per cent more students from campuses for 2011-12.
Tata Group chief N Chandrasekaran on Thursday reached out to employees of Air India asking them to work together to build the airline that the country needs, while asserting that the "golden age" of the carrier lies ahead. In a welcome letter to the employees of Air India, after the Tata Group took over the management and control of the airline, Chandrasekaran, chairman of Tata Sons, reflected on the airline's "brilliant past" but said the entire nation is now waiting to see what "we will achieve together". "From the day of the announcement (of Tatas winning the bid), one word has been on everyone's lips: Homecoming.
The country's largest IT services provider has managed to stay nimble despite a ballooning workforce.
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.
Faced with imminent recession in the United States, Indian IT services companies might take this step from April 1, 2008.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
Tata Consultancy Services (TCS) has become the first Indian company to exceed Rs 5 lakh crore in market capitalisation.
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