TCS

  • TCS accused of South Asian bias in US lawsuit 2 days ago

    New York: Tata Consultancy Services has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favouritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 per...
  • Sensex closes over 220 points down 2 days ago

    Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed over 220 points down during Friday's trade session. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade in the red. It was down 100.70 points or 1.16 percent at 8,606...
  • TCS offers record Rs 2,628 crore one-time bonus to employees 2 days ago

    Mumbai: In one of the largest-ever employee bonus payouts in the history of India Inc, software exporter Tata Consultancy Services on Thursday announced a Rs 2,628 crore one-time bonus to staff to mark 10 years of its public listing. The city-headquartered TCS said all employees who have completed at least one...
  • N Chandrasekaran awarded Indian of the Year 2014 in business category March 17, 2015

    New Delhi: CEO and MD of Tata Consultancy Service N Chandrasekaran awarded the Indian of the Year 2014 in the business category. He is known for his management and leadership style. His ability to push boundaries and inspire his leadership team to do the same has helped the $13 billion-plus...
  • Nifty rises to record high above 9,000; Sensex at over 1 month peak March 3, 2015

    Mumbai: Rising for the fourth session, the benchmark Sensex on Tuesday jumped 134.59 points to end at over one-month high of 29,593.73 and the NSE's Nifty breached the 9,000-mark for the first time on the back of foreign buying in RIL, Cipla, Sun Pharma and TCS shares. The Nifty, after...
  • Infosys buys US firm Panaya for enterprise value of $200 million February 16, 2015

    Infosys Ltd said on Monday it would buy Panaya Inc, a New Jersey-based provider of automation technology, for an enterprise value of $200 million as India's second-biggest IT outsourcing company bets on new technology to boost growth. Under Chief Executive Vishal Sikka, Infosys has been making big bets on automation and...
  • TCS, Singapore Airlines develop app for cabin crew to offer personalised service to passengers February 12, 2015

    Mumbai:Tata Consultancy Services (TCS) has jointly developed a mobile app for cabin crew in partnership with Singapore Airlines. "The tablet-based mobile app - CrewCollab - delivers personalised customer service to automate and streamline in-flight process for cabin crew," the software major said in a statement here Wednesday. As the launch customer for...
  • Mass lay-off at TCS: Should the government step in? January 23, 2015

    Young Information Technology major Tata Consultancy Service (TCS) professionals took to the streets in protest demanding government intervention in stopping the lay offs on Thursday. ...
  • TCS opens Saudi Arabia's first allwoman BPO centre September 14, 2014

    Mumbai: India's largest software exporter TCS on Sunday said that it has opened Saudi Arabia's first allfemale business process centre, which will provide employment to up to 3,000 women in three years. Saudi Aramco and GE are the centre's first customers, TCS said in a statement. Both...
  • TCS reappoints N Chandrasekaran as CEO September 3, 2014

    New Delhi: India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said that the tenure of its Chief Executive Officer and MD N Chandrasekaran has been extended by five years to October 2019. Chandrasekaran, who was appointed CEO and MD for five years on October 6, 2009, has been...
  • 12 Indian firms in Forbes' 50 best companies in AsiaPacific September 2, 2014

    New York: Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the 50 best public companies in AsiaPacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines". The Forbes 2014 'honour roll of the Fabulous 50' lists best...
  • Forbes names TCS among world's most innovative companies August 28, 2014

    Mumbai: Forbes has named Tata Consultancy Services as "one of the World's Most Innovative Companies", and positioned it 57th as the highestranking global IT services provider on this year's top100 list, a statement said on Wednesday. The World's Most Innovative Companies List is developed annually by Forbes Magazine, recognising corporate excellence...
  • ITC replaces TCS as India's most admired company August 24, 2014

    New Delhi: TobaccotoFMCG conglomerate ITC has replaced Tata group's IT giant TCS as the country's most admired company on a Fortune magazine list, which has got as many as 19 new entrants including Cognizant, Birla group firm Idea Cellular and discom BSES Rajdhani Power Ltd. ...
  • Five Indian firms among Forbes' most innovative companies August 21, 2014

    New York: Five Indian companies, including Hindustan Unilever and Tata Consultancy Services, are among Forbes' list of the world's 100 most innovative companies that investors think are most likely to "generate big, new growth ideas". The annual 'World's Most Innovative Companies' list, released on Wednesday, has been topped by Californiabased global...
  • We want to execute the toilet plan as fast as possible: TCS August 19, 2014

    Mumbai: Four days after Prime Minister Narendra Modi has asked parliamentarians and corporate sector to help build separate toilets for girls in schools across the country by next year, Tata Consultancy and Bharti Foundation have decided to pledge Rs 100 crore each in this regard. TCS will earmark a budget of...
  • TCS pledges Rs 100 crore for PM's 'Clean India' initiative August 18, 2014

    New Delhi: Country's largest software services firm Tata Consultancy Services (TCS) on Monday said that it has pledged Rs 100 crore toward financing hygienic sanitation facilities for girl students across 10,000 schools. TCS will earmark a budget of Rs 100 crore to be spent on this initiative, which will help children,...
  • AIMA Awards 2014: In conversation with Deepak Parekh, Uday Kotak, N Chandrasekaran August 10, 2014

    On the 5th edition of AIMA Managing Awards 2014, CNBC TV18's Shereen Bhan talks to HDFC Chairman Deepak Parekh who won Lifetime Contribution Award, MD of Kotak Mahindra Bank Uday Kotak who achieved Transformational Business Leader of the year and CEO & MD of Tata Consultancy Services N Chandrasekaran who...
  • Thane: Techie jumps out of auto to foil abduction bid; seriously hurt August 5, 2014

    Thane: A 24yearold software professional suffered serious injuries, when she jumped to safety from a moving autorickshaw in Thane after the driver allegedly tried to abduct her, police said. The incident took place on Friday when Swapnali Lad, a TCS employee, was on her way back to her home. Around 9.15...
  • IT giant TCS crosses Rs 5 lakh crore market cap; first by an Indian company July 24, 2014

    Mumbai: Tata Consultancy Services (TCS), the country's largest software services exporter, on Wednesday attained a market valuation of over Rs 5 lakh crore, becoming the first company in Indian markets to achieve this milestone. At the end of of Wednesday's trade, the market capitalisation (mcap) of TCS soared to Rs 5,06,703.34...
  • Sensex at 10day high, IT pack leads rally on TCS earnings July 18, 2014

    Mumbai: The benchmark Sensex on Friday surged over 80 points to close at 25,641.56, its highest in 10 days, on sustained buying by foreign funds in IT shares after encouraging earnings from TCS. After opening in the negative zone and slipping further to 25,441.24 on profitbooking and a weak global cues...
  • TCS looks for strong FY15 after poll verdict May 17, 2014

    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 of...
  • Leaving the dream: Infosys battles worker exodus May 12, 2014

    Mumbai: Infosys Ltd, once a bellwether for India's $100 billionplus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalorebased company struggles to regain ground lost to rivals. Current and former Infosys...
  • Southern Railway to observe 'Swathi Day' in honour of blast victim May 5, 2014

    Chennai: Remembering the twin blast victim Swathi Parchuri, a software engineer, and rededicating itself to passenger safety, Southern Railway will observe every first working day May as "Swathi Day", a top official said on Monday. 24year old Swathi, a software engineer with TCS, was killed and 14 injured when two lowintensity...
  • India @ 9 with Rajdeep Sardesai May 1, 2014

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • News 360: My father died for the country, Priyanka's retort to Modi May 1, 2014

    Hitting out at Bharatiya Janata Party Prime Ministerial nominee Narendra Modi for his 'daughter' remark, Priyanka Gandhi said that she did not appreciate such remarks for his father. "My father died for this country more than 20 years ago. I loved him more than anyone in the world. I really...
  • Chennai blasts: Victim Swati had Tatkal ticket, got 1st pay in January May 1, 2014

    Guntur: IBNlive spoke to Rajalakshmi, grandmother of the 23yearold software professional Swati Parachuri, who was killed in a blast on the BangaloreGuwahati 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...
  • Chennai blasts: 24yearold woman who died was a TCS employee May 1, 2014

    Chennai: A 24yearold woman lost her life on Thursday in the twin blasts in the BangaloreGuwahati Express at the Chennai Central Railway Station on Thursday. The woman, Swati Parachuri, was an employee of Tata Consultancy Services (TCS) and her family belongs to Guntur, Andhra Pradesh. TCS, in a statement after the...
  • TCS shares up on agreement with Mitsubishi Corp April 21, 2014

    Shares of Tata Consultancy Services (TCS) surged in morning trade on Monday after the software services firm signed an agreement with Japanese major Mitsubishi Corporation. TCS on Monday said it has signed an agreement with Japanese major Mitsubishi Corporation to form a single IT services unit. The merger, in which TCS...
  • TCS net profit rises 51.5 per cent, beats estimates April 16, 2014

    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 Rs...
  • LS polls: TCS ties up with Twitter India for election app April 14, 2014

    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 in...