Tata Consultancy Services would set up a development centre at Gandhinagar, official sources said in Ahmedabad on Friday.
Having crossed $1 billion mark in revenues through 20 per cent growth in 2002-03, software major Tata Consultancy Services is targeting a growth rate of over 17 per cent during current fiscal.
Information technology giant Tata Consultancy Services Ltd has reported a 51.8 per cent rise in its net profit at Rs 342.19 crore (Rs 3.421 billion) for the second quarter ended September 30, 2004 over same period last fiscal.
The Tatas on Saturday fixed the price of Rs 850 a share for the Tata Consultancy Services initial public offer for selling 5.54 crore (55.4 million) shares to mop up about Rs 4,700 crore (Rs 47 billion).
The actor was in interesting company when she walked the ramp, Sunday, for Mumbai's designer-politician Shaina NC.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Sources in the Tata group said they could not attend as they were travelling.
Tata, who attended the annual gala event at the National Centre of Performing Arts after five years, was alluding to Chandra's presentation on the performance of the Tata group of companies.
The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Who will replace Chandra at TCS if moves to Tata Sons?
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
'JRD Tata was a visionary who established civil aviation in India'.
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
This was good enough for Fernandes to hire Chandilya to lead his India business.
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