According to NASSCOM and McKenzie, it is projected that Indian IT sector will need around nine million employees and currently it has only 3.2 million, he informed.
'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
S Ramadorai, chief executive oficer, Tata Consultancy Services with chairman Ratan Tata at the annual general meeting in Mumbai on Friday afternoon.
Tata Sons cuts retirement age of non-executive directors from 75 years to 70.
Industrialists Anand Mahindra and Ratan Tata will co-host a power lunch for CEOs with the visiting US Treasury Secretary Timothy Geithner on April 7.
Reliance Industries' Mukesh Ambani, IT honchos Azim Premji and S Ramadorai and Chairmen of oil PSUs will accompany Prime Minister Manmohan Singh on his maiden visit to Saudi Arabia from February 27 when the two countries will ink nine pacts.
At present, the banking, financial services and insurance is the major contributor to TCS' overall revenues. Earlier, addressing IGF, Ramadorai said the business community continued to play a significant role in helping more people to jump onto the 'Internet Express'.
TCS, India's largest IT company, has appointed and approved current TCS chief operating officer and executive director N Chandrasekaran as the CEO and Managing Director-designate.
As a part of cost cutting measures to tackle global economic downturn, IT major Tata Consultancy Services (TCS) on Thursday said job cuts are possible and ruled out salary hikes next year.
Tata Consultancy Services is eyeing tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh to drive its future growth in the domestic market.
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.
The newest CEO in the Tata group brings an aggressive pace and style to India's largest IT consultancy firm.
Tata Consultancy Services, the country's largest IT company, has changed its hiring strategy and will focus on just-in-time hiring or real-time talent management."TCS has decided to adopt the policy of real-time management whereby we will hire in the last three months of the final year of graduation rather than a year before," said S Ramadorai, managing director and chief executive officer, TCS.
The alliance would be a first for both parties, and comes after the Premier of Australia's New South Wales state, Morris Iemma, visited India recently. Ramadorai said he and other senior executives had fruitful discussions with Iemma, who led a delegation of 70.
The Rajabai Clock Tower and Library have received a magnificent makeover.
Tata Teleservices Maharashtra Ltd said on Friday that Ratan N Tata has been elected as the company's chairman. \n
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.
TCS is planning to reorganise its global operations to spur customer satisfaction and revenue growth.
TCS South Africa would have an equity participation from Black Economic Empowerment groups to ensure localisation of services and skills, it said.The company has a centre in Johannesburg from where it provides support services for financial services products implemented in South Africa.
Indian companies must avoid the 'classic trap' of market expectations and the consequences of earnings guidance are often 'not very healthy,' S Ramadorai, TCS boss said.
Tata Consultancy Services on Monday said it has hedged funds of about $1.5 billion to create a safeguard against the fluctuations in the rupee movement.
"Though some of our clients are affected, they have not reduced their work (IT outsourcing) with us. We just have to watch the situation," company's chief executive officer and managing director S Ramadorai said.
Tata Consultancy Services would this year recruit over 30,000 engineering graduates worldwide, a senior company official has said.
From car electronics to safety, aerodynamics to trouble-shooting, TCS will work with the Ferrari F1 team to provide IT-based solutions before, during and between races.
Consultancy Services CEO S Ramadorai was named Manager Entrepreneur of the Year.
India's top software firm Tata Consultancy Services on Monday signed a shareholders' agreement with three Chinese firms and Microsoft, to invest $15 million (nearly Rs 70 crore) for floating a software joint venture in China.
Tata Consultancy Services has acquired 75 per cent equity stake in its Switzerland-based partner, TKS-Teknosoft, from the promoter for Swiss francs 100.5 million (about $80.3 million).
IT services provider Tata Consultancy Services Ltd and Microsoft Corporation on Wednesday entered into a global services partnership, under which the two would jointly help in enhancing value of their IT investments.
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.
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