Tata Consultancy

  • TCS looks for strong FY15 after poll verdict 17-05-2014 08:05 PM

    Bangalore: Tata Consultancy Services on Saturday said that it is looking at a strong show in FY'15 supported by global economic revival, and hopes of pick up in India business on account of the decisive mandate in elections. "From an economic perspective, we are seeing a revival in every part...
  • Chennai blasts: Victim Swati had Tatkal ticket, got 1st pay in January 01-05-2014 01:30 PM

    Guntur: IBNlive spoke to Rajalakshmi, grandmother of the 23-year-old software professional Swati Parachuri, who was killed in a blast on the Bangalore-Guwahati Express at Chennai Central station on Thursday morning. Swati was going home to Guntur in Andhra Pradesh. Her shocked parents have already left for Chennai to bring back...
  • TCS net profit rises 51.5 per cent, beats estimates 16-04-2014 05:38 PM

    Mumbai: Tata Consultancy Services Ltd, India's largest IT services exporter, posted a 51.5 per cent rise in quarterly net profit, beating expectations, as it won more contracts in Europe and some emerging markets. Net profit for the fourth quarter ended March 31 rose to Rs 5,297 crore ($879 million) from...
  • LS polls: TCS ties up with Twitter India for election app 14-04-2014 08:48 PM

    New Delhi: The country's largest software services firm Tata Consultancy Services has tied up with social media giant Twitter to launch an app, iElect, to help users gain social insights into the ongoing Lok Sabha polls. "The TCS iElect app is a completely new way to observe, analyse and participate...
  • Feel insecure in Mumbai: Hyderabad techie's uncle 03-03-2014 03:55 PM

    23-year-old Esther Anuhya was found murdered on the outskirts of Mumbai over a week after she went missing in the city in January this year. Her uncle spoke of the trauma the family went through in the days after. ...
  • TCS employee murder case: Tamil Nadu Police arrests one more accused 26-02-2014 10:45 AM

    Chennai: The Tamil Nadu Police on Wednesday made the third arrest in the gruesome murder of a 24-year-old woman employee of Tata Consultancy Services (TCS). The accused was arrested from West Bengal and is being brought back to Chennai by train. The arrest came just a day after two migrant...
  • TCS employee murder case: Two arrested, hunt on for accomplices 26-02-2014 09:07 AM

    Two weeks after a 24-year-old TCS employee was found dead, the Tamil Nadu Crime Branch has arrested two people saying that they have confessed to sexual assault and robbery. The hunt is on for their accomplices. Watch the video for more. ...
  • TCS, ITC biggest wealth creators during 2008-2013: Study 14-12-2013 12:46 PM

    Software major Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years, while Reliance Industries and RCom top the list of companies where investors lost the most in terms of market capitalisation, says a study. A wealth creation study conducted by financial services company...
  • TCS market value crosses Rs 4 trillion; stock at all-time high 07-10-2013 06:31 PM

    Mumbai: Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore after a gap of over a month led by a smart rally in its stock price. At present, TCS is the only company with a market value of over Rs 4 lakh crore....
  • ONGC to intensify exploration in Tripura 14-08-2013 06:00 PM

    Oil and Natural Gas Corporation's Tripura unit would intensify exploration for supplying natural gas to Rs 5000-crore Chambal Fertilisers and Chemicals Ltd in the state. "A team of Tata Consultancy Services is now preparing the feasibility report to be submitted in December this year. We are also intensifying exploration to...
  • TCS foray to open up new avenues for eco development: Shivraj Singh Chouhan 10-08-2013 10:14 PM

    Tata Consultancy Services is setting up a software development campus in Indorewith an investment of Rs 500 crore in two phases, which state Chief Minister Shivraj Singh Chouhan said will help Madhya Pradesh emerge as a new sought-after location for IT companies. "We will make Madhya Pradesh a new destination...
  • TCS gains over 5 per cent after earnings beat estimates 19-07-2013 01:20 PM

    Mumbai: Shares in Tata Consultancy Services, India's largest software services exporter, rose as much as 5.75 per cent on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook. TCS said consolidated net profit for the quarter ended June 30 rose to Rs 3831 crore...
  • TCS consolidated net jumps 15.5 pc to Rs 3,831 cr in Q1 18-07-2013 06:58 PM

    Mumbai: The country's largest software exporter Tata Consultancy Services on Thursday reported consolidated net profit of Rs 3,831 crore for the June quarter, up 15.5 per cent from Rs 3,318 crore in the same period in 2012. The company's total revenue, under Indian IFRS accounting standards, rose 21 per cent...
  • Renewed US demand to lift Infosys, IT sector outlook 10-07-2013 07:19 PM

    Bangalore: The strongest growth outlook for US demand for information and communication technology since the 2008 financial crisis is likely to help Narayana Murthy revive Infosys Ltd, the Indian IT giant he founded, but the updraft will also boost its faster-growing rivals. India's second largest computer services exporter, once seen...
  • TCS CEO N Chandrasekaran gets 50 pc salary hike 06-06-2013 10:09 AM

    New Delhi: Leading software services exporter Tata Consultancy Services (TCS) has raised the salary of its CEO and Managing Director N Chandrasekaran by 50 per cent to Rs 15 lakh per month effective from April 2014. The hike in salary package of TCS' top executive is however subject to approval...
  • TCS bags deal worth over 350-mn-pound from UK's Network Rail 05-06-2013 03:59 PM

    Mumbai: Country's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it has bagged a four-year deal from UK's Network Rail Infrastructure Ltd. The IT Solutions and System Integration Framework agreement encompasses identifying, defining, designing, building and integration of next generation IT solutions for Network Rail, TCS said...
  • To revive Infosys, Murthy must revamp sales, culture 04-06-2013 10:37 PM

    Bangalore: Narayana Murthy's success in turning around Indian IT services firm Infosys hinges on his ability to revive its sales efforts and shake up the conservative culture he helped create. Eleven years after Murthy stepped down as chief executive at India's second largest computer services exporter, Infosys unexpectedly brought back...
  • TCS seen outpacing sector after profit spurt 18-04-2013 09:42 AM

    Mumbai: Tata Consultancy Services (TCS), India's top software services provider, lifted quarterly profit by more than a fifth and painted a more bullish picture for future revenue growth than key rival Infosys. TCS said it expects revenue in the current fiscal year to increase more than the 12-14 per cent...
  • Tata Consultancy profit rises 22 pc to Rs 35.97 billion 17-04-2013 05:32 PM

    Mumbai: Tata Consultancy Services Ltd, India's top software services provider, matched estimates with a 22 per cent rise in quarterly profit and said it expects to grow revenue faster than a key industry-wide forecast for the year starting this month. Net profit for the fiscal fourth quarter ended March 31...
  • TCS shares fall 2 per cent ahead of Q4 results 17-04-2013 04:55 PM

    Mumbai: Shares of IT major Tata Consultancy Services (TCS) on Wednesday fell by nearly 2 per cent ahead of its quarterly results, to be announced later in the day. After falling 3.55 per cent during the day, shares of TCS finally ended at Rs 1,459.20, down 1.73 per cent from...
  • TCS rises on purchase of French IT provider Alti 09-04-2013 02:55 PM

    Mumbai: Shares in Tata Consultancy Services rose as much as 2.2 per cent on Tuesday after the company announced it will buy privately-held Alti SA of France for 75 million euros. The acquisition signals Indian software service exporters' interest in diversifying its revenue base, and the acquisition could potentially help...
  • TCS profit jumps over 49 pc to Rs 3,434 cr in Sept quarter 19-10-2012 09:14 PM

    Mumbai: Country's largest software firm Tata Consultancy Services (TCS) on Friday reported a 49.2 per cent jump in consolidated net profit at Rs 3,434 crore for the quarter ended September 30, 2012. The company had posted a net profit of Rs 2,301 crore in the same quarter of the previous...
  • Open to large acquisitions, says Infosys CFO 04-09-2012 11:19 PM

    Bangalore: Indian IT outsourcer Infosys Ltd, which has long said its comfort size for acquisitions is up to 10 per cent of its own revenue, is open to bigger deals given the right opportunity, a top executive said. "Whatever size it is, if it makes strategic sense, if we feel...
  • TCS gains on earnings; Infosys extends falls 13-07-2012 11:32 AM

    Mumbai: Shares in Tata Consultancy Services were up 2.3 per cent on Friday after its quarterly profit exceeded forecasts, while Infosys fell after cutting its sales guidance by more than expected. The contrasting performances by India's two biggest software services exporters tracked their earnings results out on Thursday. Infosys shares...