The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
Firms are increasingly launching health initiatives for their employees to reduce stress, revitalise body -- it also helps keep people occupied.
We have to continue to be agile on execution and regulatory fronts: N Chandrasekaran
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
The candidates will be selected through a National Qualifier Test. The top 1,000 will be offered a much higher salary -- almost double of that being offered to peers.
The rally in mid- and small-cap stocks has spilled over into the IT sector as well. Second and third-tier IT stocks, which historically traded at a discount to the big five IT companies, are now trading at nearly 25 per cent premium to their large-cap peers. The smaller IT companies have a price-to-earnings (P/E) multiple of nearly 38 times against the big five's current P/E multiple of around 31x.
IT giant Tata Consultancy Services (TCS) on Tuesday slipped to fourth position in the list of the country's most valued companies, below Reliance Industries, ONGC and Coal India Ltd.
Infosys Ltd's refocus on big-ticket contracts since the return of its founder has begun to pay off as India's No. 2 software services exporter crossed $2 billion in quarterly sales for the first time and pushed up its revenue outlook.
Big Indian IT companies, heavily reliant on the US market and eager to diversify, have intensified efforts to crack continental Europe.
With revenues of $13.4 billion for FY14, Tata Consultancy Services (TCS) has managed to deliver consistent growth for both the fourth quarter and the full year.
Companies are expected to firm up their business plans for the second half of the year.
Work should not flow; it should get done, said N Chandrasekaran.
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
Besides having Indians in top management, the IT major is working to make the country an innovation hub to drive business in Europe.
The stock market comes full circle; pharma also gains prominence, courtesy rupee depreciation
The benchmark Sensex has vaulted 2.7 times in five years.
TCS chief executive officer Natarajan Chandrasekaran gave this assurance to Orissa Chief Minister Naveen Patnaik during a meeting in Bhubaneswar.
Interview with CFO & vice-president, Tata Consultancy Services
Whether it's running a 42- km marathon or a grinding rally drive, these men take exertions in their stride.
When big companies such as Infosys and Wipro are forecasting minor growth this financial year, TCS is all set to break the trend.
The quarterly results of India's big four IT (information technology) players (HCL, TCS, Infosys and Wipro) have left investors confused, with no clarity on the sector's outlook.
The country's largest software services firm, Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent rise in consolidated net profit to Rs 9,246 crore for the March 2021 quarter.
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
IT industry's two giants present a contrast.
The IT major is followed by RIL (Rs 795,628.55 crore), HDFC Bank (Rs 624,362.11 crore), Hindustan Unilever (Rs 367,880.69 crore) and ITC (Rs 367,513.78 crore).
India must diversify its services trade away from low-cost programming if it is to remain an IT-enabled hub.
The net profit of 82 firms up 20.2%, but topline growth slows to 14.7% on muted show by manufacturing firms.
The broader markets underperformed the benchmark indices- BSE Midcap and Smallcap indices fell between 1-2%.
Tata Consultancy Services said quarterly consolidated net profit surged 49.6 percent, its fastest pace of increase in at least two-and-half years, helped by increasing demand for outsourcing services in the United States and Europe.
Earlier this week, MCA had asked rival Tata Consultancy Services for temporary assistance to resolve glitches related to the electronic filing system MCA 21 -- currently being implemented by Infosys.
AirAsia India on Monday moved closer to getting off the ground by appointing S Ramadorai as its Chairman, ending months-long suspense and having in place the entire top management team.
Steven Heldt said 95 per cent of Tata's 14,000-person US workforce descend from South Asia.
Infosys aims to achieve an aspirational goal of $20 billion in topline by 2020.
Consolidated net profit for the three months to June 30, its financial first quarter, rose to 50.58 billion indian rupees ($840.5 million) from 39.87 billion rupees a year ago, the Mumbai-based company said on Thursday.
Not only has the gap between Infosys and the market leader Tata Consultancy Services increased in recent quarters, even Cognizant has overtaken Infosys.
Infosys would take over the programme from its rival Tata Consultancy Services.
It also gave an upbeat growth outlook, sending its shares up the most in more than eight months.
The software body, which represents the $100 billion Indian IT-BPO industry, has also appointed MindTree CEO Krishnakumar Natarajan as the vice chairman of the executive council.
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.
Industry sources said the lay-off may be part of the deal that Nokia has signed with TCS and HCL Technologies earlier this year.
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