Tata Consultancy Services Q2 net profit up 16% to Rs 6,085 crore on strong digital biz
Tata Consultancy Services Q2 net profit up 16% to Rs 6,085 crore on strong digital biz

Tata Consultancy Services' (TCS) order book grew 30 percent in the quarter, the highest ever for the company, giving the indication that things are looking good, managing director & chief executive N Chandrasekaran told reporters Tuesday evening.

TCS net profit jumps 16% to Rs 6,085 crore
TCS net profit jumps 16% to Rs 6,085 crore

The company's total income from operations for the quarter rose 14.06 percent to Rs 27,165.48 crore as against Rs 23,816.48 crore last year.

Investing in IoT benefits bulk of companies: TCS study

A whopping 80 percent companies witnessed a growth in revenue through investments in Internet Of Things (IoT) technology, says a study commissioned by TCS.

TCS to stick to hiring target from campuses for FY16: CEO

Country's largest IT services firm TCS today said it is sticking to its hiring target of 35,000 from campuses for FY16.

Going digital no more an option but a necessity now: TCS chief

Betting big on the 'Internet of Things' as the third major wave in technology space, IT major TCS' chief N Chandrasekaran has said that going digital was no more an option, but a default now.

TCS logs marginal dip in December quarter net profit at Rs 5,328 crore

Country's largest software exporter TCS on Thursday reported a marginal dip in net profit at Rs 5,328 crore in December quarter due to lower margins, a tepid performance compared to rival Infosys that beat market expectations to log 13 per cent jump in profits.

Bullish TCS to up campus hiring in FY16 to 35,000

The Tata-group company also said that it is likely to overshoot its overall stated target of hiring 55,000 professionals, including lateral ones, during the ongoing 2014-15 fiscal

TCS Q2 net profit rises 13% to Rs 5,244 cr, bullish on FY16

Country's largest software exporter TCS Thursday reported a 13.2 percent rise in its net profit at Rs 5,244 crore and a revenue growth of 13.5 percent at Rs 23,816 crore in the September quarter, driven by strong volumes.

Maharashtra polls: India Inc's leading lights cast their vote

Godrej Group chairman Adi Godrej was more vocal in rooting for the BJP, saying a saffron party victory bodes well for the state.

TCS re-appoints N Chandrasekaran as CEO

India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said the tenure of its Chief Executive Officer and MD N Chandrasekaran has been extended by five years to October 2019.

TCS Q1 Net up 45% to Rs 5,568 cr; revenue up 22% to Rs 22,111 cr

Country's largest software services firm Tata Consultancy Services (TCS) Thursday reported a 45 percent jump in consolidated net profit at Rs 5,568 crore for the first quarter ended June 2014, driven by broad based growth across verticals and geographies.

TCS shares gain over 1% post earnings

At the NSE, TCS shares went up by 1.23 percent to close the day at Rs 2,223.40.

Not worried about Infosys challenge: TCS

Top software exporter TCS Thursday appeared unfazed by the challenges posed by its closest rival Infosys, which in recent months has made a dramatic turnaround, saying there is no uneasiness in its ranks or change in pricing strategy.

TCS making 'serious investments' in big data, cloud, mobility

India's largest software services exporter Tata Consultancy Services (TCS) is making "serious investment" in emerging digital technologies like big data, cloud and mobility.

TCS to hire 5,000 more than initial target of 45,000 this fiscal

Buoyed by a strong demand for outsourcing services, the country's largest software exporter Tata Consultancy Services (TCS) Wednesday said it would hire 5,000 people more than its initial target of 45,000 this fiscal.

TCS to upwardly revise hiring numbers for FY14

IT giant TCS, which on Tuesday reported a 35 percent rise in consolidated net profit at Rs 4,633.33 crore in the second quarter ended September 30, has said it may revise upward hiring numbers in the current fiscal.

India has huge human capital potential: TCS Chief

It would be wise to be bullish on the Indian economy as the country has huge potential in its human capital, Chief Executive Officer of Tata Consultancy Services N Chandrasekaran has said.

TCS gives 50% hike in salary to CEO N Chandrasekaran

Leading software services exporter TCS has raised the salary of its CEO and Managing Director N Chandrasekaran by 50 percent to Rs 15 lakh per month effective from April 2014.

Nasscom optimistic on IT growth despite uncertain eco environment

Newly appointed Nasscom Chairman N Chandrasekaran Monday expressed confidence that the USD 100 billion Indian IT-BPO sector will grow at 11-14 percent, despite the global economic uncertainties and muted forecast by some member companies.

TCS' Chandrasekaran at Nasscom helm from Monday

TCS chief N Chandrasekaran from tomorrow will assume the office of chairman of Nasscom, the industry body of the country's USD 100 billion Indian IT-BPO sector, sources said.