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In the reply of US Department of Labour investigation against TCS and Infosys for possible violations of rules for visas for foreign technology workers under contracts, TCS and Infosys on Sunday said that they are “fully compliant” with the immigration rules and have received “no indication of any broader investigation” on its visa practices.
BENGALURU: Indian IT bellwether Tata Consultancy Services (TCS) is planning to increase its pay offer to freshers recruited directly or through campus interviews, a senior official said.
Energy provider Npower, a subsidiary of German giant RWE, announced plans to cut about 1,460 jobs in Britain and outsource customer service operations to India.
India's largest software firm Tata Consultancy Services said there was no pressure to increase entry level salaries, which have been stagnant for the past four years. However, the company will evaluate if there is a need for fresher compensation to be increased because of rising inflation, a top company official said.
Tata Consultancy Services (TCS), Indias largest software services exporter, has won a banking solutions contract from US-based financial services firm Zions Bancorporation.
The multi-year deal is for managing IT infrastructure of Bombardier's newly-commissioned data centres, TCS said in a release, without revealing financial details of the deal. Germany-based firm Bombardier Transportation is a world leader in rail tran...
IT services major Tata Consultancy Services (TCS) has bagged a multi-million dollar deal from leading rail vehicles maker Bombardier Transportation for managing IT infrastructure of its newly-commissioned data centres.
Post its successful third quarter earnings report, TCS has announced it is making 'serious investments' to capitalize on upcoming fields.
Tata Consultancy Services (TCS), India's largest software services exporter, has said it is making "serious investment" in emerging digital technologies like big data, cloud and mobility.
Indian stock markets ended lower today amid a choppy trade, dragged down by software exporters. The Sensex closed 132 points at 20,415 while Nifty was off 43 points at 6,045.
Tata Consultancy Services (TCS), India's largest IT services exporter, is considering accelerating its hiring plans after beating quarterly profit expectations on increased demand from financial clients and in Europe.
While Coal India and Hindustan Unilever saw losses in their market capitalisation (m-cap), TCS, Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, Bharti Airtel and Sun Pharma made gains.
Big Indian IT companies, heavily reliant on the U.S. market and eager to diversify, have intensified efforts to crack continental Europe in the past three years through acquisitions, setting up operations on the ground and hiring locally.
At present, TCS is the only company with a market value of over Rs 4 lakh crore.
Software services exporters extended gains on expectations of strong results for the July-September quarter, given a recovery in the sector's core markets, analysts said. Tata Consultancy Services ended up 2.8 per cent after touching a record high of...
Helped by a smart surge in the market value of IT major Tata Consultancy Services (TCS), seven Sensex companies - including TCS - added a combined Rs 34,875 crore in market capitalisation in the week ended October 4.
India's largest software firms Infosys and Tata Consultancy Services (TCS), have bagged a contract from US-based Northeast Utilities to manage a part of its IT department, a source said.
Under the eight-year association, TCS will take on the role of Title Sponsor of the New York City Marathon in 2014, the software major said in a statement.
Shares in software exporters gained today as brokers cite the sector is facing rising demand from the United States and Europe.
TCS has signed an eight-year deal with the race organizer New York Road Runners.
It would be wise to be bullish on the Indian economy as the country has huge potential in its human capital, N Chandrasekaran, chief executive officer (COO) of Tata Consultancy Services (TCS), Indias largest software services firm, has said.
Tata Consultancy Services Ltd was up 1.15 per cent, Wipro Ltd gained 4.22 per cent, while Infosys Ltd edged up 0.81 percent.
Indias largest software services firm Tata Consultancy Services (TCS) said on Tuesday that it has bagged a five-year multi-million euros deal from SAS Scandinavian Airlines to help transform and optimise its IT infrastructure.
The BSE IT benchmark traded 2.5 per cent lower as compared to 2 per cent gains in the BSE Sensex. Infosys, Tata Consultancy Services and Wipro traded with 2.5-3 per cent cuts as the rupee jumped over 2 per cent to pull back near the 65.50 per dollar ...
The company in a BSE filing said that it has been "selected by CTM for a multi-year multi-million agreement for an IT and business transformation project", whereby TCS will deploy a new convergent rating and billing system for the telecom company.
The Mumbai-headquartered firm will upgrade department's nation-wide IT infrastructure, which will involve updating the software and the hardware to ensure seamless integration of services and information across all the offices.
At present, Tata Consultancy Services is the only company with a market value of over Rs 4 lakh crore as Reliance Industries has slipped below this level.
The agreement was signed by Saeed al-Ghamdi, CEO of NCB, and N Janabathe Subramaniam, managing director of TCS in the Middle East and Africa.
Dragged down by heavy selling in the shares of RIL and TCS, the combined market capitalisation (m-cap) of eight most-valued Sensex companies fell by Rs 43,430 crore in the past week.
IT major Tata Consultancy Services will set up a software development campus in Indore with an investment of Rs 500 crore in two phases.
Tata Consultancy Services (TCS) has announced that the Bangalore edition of TCS IT Wiz 2013 will be held on August 8, at Chowdiah Memorial Hall, Vyalikaval, Near Sankey Tank.
Housing Development Finance Corporation provisionally fell 3.5 per cent, while Sun Pharmaceutical Industries ended 3.7 per cent lower after hitting its all-time high on Thursday.
TCS said consolidated net profit for the quarter ended June 30 rose to Rs 3,831 crore from Rs 3,280 crore a year earlier. That topped the Rs 3,780 crore average of 24 analyst estimates, according to Thomson Reuters.
TCS shares were up 3 per cent at Rs 1,711 as of 09.21 a.m. after earlier hitting an all-time high of Rs 1,724. TCS was the top gainer on the 50-share Nifty benchmark and the BSE IT benchmark of top IT companies.
With the new US immigration bill posing long-term cost implications for the IT players, the country's largest software exporter Tata Consultancy Services (TCS) said on Thursday that companies need to be receptive to the situations in any market.
TCS was the top Nifty gainer, up nearly 6 per cent, to a record high of Rs 1,759. TCS' upbeat outlook rubbed in to other outsourcers such as HCL Tech, up 5.5 per cent and Infosys, up 1.9 per cent.
TCS, India's biggest outsourcer, had reported a net profit of Rs 3,596 crore on sales of Rs 16,430 crore in the March quarter.
"We will grow above the upper end of the Nasscom estimate," Mr. Chandrasekaran said.
TCS net profit rises to Rs 3,831 crore in Q1, beats estimates
According to the findings of the second edition of India's Most Admired Companies (IMAC) compiled by Hay Group in association with Fortune India, TCS replaced last year's winner group company Tata Steel by scoring highest on parameters such as corpor...
There are a total of four Tata group companies on the list, while as many as ten public sector units (PSUs) have made it to the rankings, global business magazine Fortune's Indian edition said on Tuesday.
TCS has replaced its group firm Tata Steel as the country's most admired company, followed by Hindustan Unilever, ITC, Infosys and SBI.
Wipro was the biggest loser among frontline names, down 2.4 per cent at Rs 344.50 as of 12.47 p.m. Tata Consultancy Services traded down 1.5 per cent at Rs 1,477.95, while Infosys shares were flat at Rs 2,406 on the Bombay Stock Exchange.
Sensex, rupee rally for 3rd day; TCS, Infosys fall
Sensex, rupee edge up; Infosys, TCS lag
India's largest software exporter Tata Consultancy Services (TCS) is planning to sack 172 employees at its Finland offices by August as part of the process to streamline its operations.
Software major Tata Consultancy Services (TCS), on Friday said the comprehensive immigration bill passed by the US Senate will have a bearing not only on domestic companies but would also impact the US firms.
Indian markets were choppy on Wednesday a day ahead of the derivatives expiry. The BSE Sensex traded 4 points higher at 18,633, while the broader Nifty traded higher at 5,613 as of 10.45 a.m. The Nifty had earlier hit a low of 5,609 and a high of 5,6...
Global investment bank UBS maintained its "buy" call on Tata Consultancy Services, India's biggest outsourcer, citing recent weakness in its stock price.
Tata Consultancy Services, held its goIT summer camp programme in the Cincinnati area exposing students to Science, Technology, Engineering and Mathematics (STEM) related career paths.

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