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TCS upbeat on client spending after first-quarter profit dip

TCS upbeat on client spending after first-quarter profit dip

Top Indian software services exporter Tata Consultancy Services (TCS) said on Thursday it was optimistic about client spending on technology even as a cautious global environment and a stronger rupee dented first-quarter profit.

Hired over 12,500 people in US in last 5 years: TCS

Hired over 12,500 people in US in last 5 years: TCS

Tata Consultancy Services (TCS) has hired over 12,500 people in the US in the last five years even as Indian IT outsourcing firms face accusations of taking away American jobs.

TCS ranked as top employer of US talent in IT sector

The country's largest software exporter has recruited more than 12,500 US employees from 2012-2016, while it ranked first in terms of US employee growth during that period, at 57 per cent, said the study by The Cambridge Group.

PM Narendra Modi to discuss H-1B visa issue with Donald Trump next week

Aside from the visa review, the Trump administration has launched an investigation of countries including India with which the United States runs a bilateral trade deficit.
 

Govt appoints TCS senior exec to head Atal Innovation Mission

The government has appointed Ramanathan Ramanan, a senior executive of Tata Consultancy Services (TCS), to head Atal Innovation Mission (AIM) functioning under NITI Aayog.

Committed to 6.5-8.5% revenue growth: Infosys COO

Committed to 6.5-8.5% revenue growth: Infosys COO

IT services giant Infosys on Tuesday said it remains "committed" to its guidance of 6.5-8.5 per cent revenue growth this year even as some clients ask for projects to be carried out at 30-40 per cent lower costs than before.

TCS' H-1B visa applications now a third of 2015 levels

TCS' H-1B visa applications now a third of 2015 levels

Tata Consultancy Services (TCS) applied for only a third of the H-1B work visas this year compared to 2015, helped by increased hiring from engineering campuses and B-schools in the US.

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

India's fourth largest software services firm HCL Technologies on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over current trading price.

TCS arm to conduct IIM-B course exams online

"The B-school will leverage our assessment capability to conduct the exams for its online courses across the country, starting at our digital zones in Bengaluru, Delhi, Kolkata and Mumbai thrice a year," said the IT major`s strategic unit in a statement here.

TCS rules out laying-off employees in the near future; instead plans to create more jobs

TCS rules out laying-off employees in the near future; instead plans to create more jobs

Bucking the trend, lobal software major Tata Consultancy Services (TCS) has ruled out laying-off employees in the near future and instead plans to create more jobs.

In Q1, more than 50% employees to be locals in the US: Wipro

In Q1, more than 50% employees to be locals in the US: Wipro

IT firm Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms.

Sensex ends higher on bargain hunting

Sensex ends higher on bargain hunting

Indian shares ended higher on Thursday as investors picked beaten down counters, including technology stocks that lost ground on disappointing quarterly results from software services exporters Infosys Ltd and Tata Consultancy Services Ltd.

TCS Q4 net grows 4.2% to Rs 6,608 crore

TCS Q4 net grows 4.2% to Rs 6,608 crore

Tata Consultancy Services Ltd, India`s top software services exporter, reported a 4.2 percent rise in quarterly net profit on Tuesday but missed analysts` estimates.

Well-positioned to continue leading India market: TCS

Well-positioned to continue leading India market: TCS

India's largest software services exporter TCS says it is confident of maintaining leadership position in the domestic market that is witnessing strong technology adoption in private as well as public sectors.

 Infosys seeks nod of board for share buyback

Infosys seeks nod of board for share buyback

India's second largest software major has sought permission from shareholders for share buyback. For this the company has sought approval of shareholders to change Articles of Association.

N Chandrasekaran named TCS Chairman

N Chandrasekaran named TCS Chairman

Tata Sons Chairman-designate Natarajan Chandrasekaran will also hold the chairmanship of the group's crown jewel Tata Consultancy Services from Tuesday.

TCS names V Ramakrishnan as CFO

TCS names V Ramakrishnan as CFO

India's largest software services firm Tata Consultancy Services (TCS) on Monday appointed V Ramakrishnan as Chief Financial Officer.

TCS board to consider share buyback next week

TCS board to consider share buyback next week

The board of TCS, country's largest IT services firm, will meet next week to consider share buyback amid investors voicing concerns over huge cash piles big technology companies are sitting on.

H1-B visa worries 'hyped up', says TCS boss Chandra

H1-B visa worries 'hyped up', says TCS boss Chandra

N Chandrasekaran asked the USD 155-billion domestic IT industry not to get paranoid as these are exciting times with lots of opportunities.

TCS once again recognised as Top UK Employer

TCS once again recognised as Top UK Employer

TCS, a leading global IT services, consulting and business solutions provider, has been recognised as one of the UK's top 10 employers by the Top Employers Institute.