The growth rate could continue for another seven years.
From round-the-clock surveillance of people and equipment to choosing the right materials for the building that contains the servers that store data, these facilities are truly state-of-the-art.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
Almost half of that market is in India's villages.
Revenue from its IT services business rose 9 percent to $1.86 billion.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Most positives seem to be factored into current valuations.
The TCS results are probably a pointer to the subdued outlook.
A century-old European bicycle brand gets a makeover under its new Indian owner. But is there room for yet another premium commuter bike?
The organisers have become savvier about marketing the game.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
The catchwords today are digital, analytics, robotics.
Sector added only 200,000 employees in FY16, down from 230,000 in FY15
Market regulator Sebi has sought clarifications from the merchant banker of Videocon D2H Ltd, the satellite television arm of Videocon Group, regarding the company's proposed Rs 700 crore (Rs 7 billion) initial public offer (IPO).
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
Software services industry may have to relook its cost structure to maintain a higher margin.
ONGC was the top performer while private banking major ICICI Bank extended gains
The UK-based retailer can add to the best practices it already brings to Tata's retail business.
Wipro makes it to the up-and-coming companies with potential to join the top 50 list.
Money managers have turned cautious about the technology space.
Mid- and small-cap companies seem to have done better than top-tier companies
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
Infosys continues to be interested in acquisitions.
TCS moved into new markets like France, Japan thanks to acquisitions.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
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.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
This analysis is based on the quarterly earnings for 724 companies.
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
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